PC Dominance: New Study Highlights 50 Years of Gaming Industry

Written by Boldson on 04 January 2024. Posted in Hardware

In a recent report, it has been revealed that PC gaming has surpassed consoles in revenue over the last five decades. The overall revenue of the PC market reached an impressive $45 billion, while consoles generated $30 billion in the same period.

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Steam's Significant Contribution: Over $8.6 Billion by 2022

The lion's share of the PC's revenue comes from the gaming platform Steam, launched by Valve in 2003. With more than 120 million active players, Steam has brought in over $8.6 billion in revenue, solidifying its popularity among PC gamers.

Mobile Games Take the Lead: $101 Billion in Revenue

Comparatively lower earnings from consoles over 50 years highlight the interest of PlayStation and Xbox in mobile gaming. Revenue from mobile games reached an astonishing $101 billion, emphasizing the importance of developing this market segment for major gaming companies.