As of December 2020, China's overseas gaming revenue crossed US $15.5 billion for the first time, according to a report co-published by the Game Publishers Association Publications Committee, the China Game Industry Research Institute, and Gamma Data.
The report also adds that overseas gaming revenue has grown by 33.3% year-on-year, and has been the highest since 2016.
Both the United States and Japan have been the biggest markets outside China for games, each contributing approximately a quarter of total revenues.
In China, the domestic gaming industry has crossed $42.6 billion, growing 20.7% from the previous year.
Most of the growth this year was mainly attributed to the COVID-19 pandemic, with over 75% of revenues coming from mobile games.