BEAMSTART Logo

China's overseas gaming revenue crosses $15 billion for the first time

China's domestic games industry generated $42.6 billion in revenues for the same period.


China's overseas gaming revenue crosses $15 billion for the first time | BEAMSTART News

- From our Sponsors -

China is already one of the biggest game developers in the world, producing some of the most popular games ranging PUBG, Genshin Impact, and Mobile Legends.

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.

- Featured Sponsor -

The report also adds that overseas gaming revenue has grown by 33.3% year-on-year, and has been the highest since 2016.

A large number of gamers are women in China.

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.

- From our Sponsors -

ABOUT THE AUTHOR

Alfred Lee

Journalist at BEAMSTART. I write about breaking business news in the region.

Based in Malaysia

Works at BEAMSTART

ALSO MENTIONED IN THIS POST

Tencent

Tencent is a Chinese internet service portal offering value-added internet, mobile, telecom, and online advertising services.

Industry:

Opportunities:


Alibaba Group

Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site

Industry:

Opportunities:


Have a company of your own? Create a company profile today and easily find customers, raise funds, or hire talent.

BEAMSTART is a Global Community and News Portal for Entrepreneurship. We cover the latest news and bring together a global network of CEOs/founders, Investors, Business Leaders, and Professionals.

 

Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART (A Beepmix company). All Rights Reserved (Legal).