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CCTV Finance: The game console market is expected to create CNY 295.2 billion in revenue

Categories: Industry newsStars: 3StarsVisit: -Release time: 2020-11-23 10:55:00
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According to CCTV Finance, the US CNBC website quoted the latest statistics from Newzoo, a global game and e-sports market data research and analysis company, saying that during the epidemic, the game market demand continued to be hot. As of now, more than 700 million people worldwide use game consoles to play games. The console game market is expected to generate USD 45 billion, or approximately CNY 295.2 billion in revenue this year.
 
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In addition, CCTV analysis pointed out that for game console platform manufacturers such as Sony, Nintendo, and Microsoft, current console games are more profitable than they were more than a decade ago. Not only that, compared to selling game discs in physical stores, the profit margin of digital games is greater.
 
According to relevant statistics, previously game developers could earn USD 35, or about CNY 230, from a game disc priced at USD 60, which is about CNY 395. Now players are also priced at USD 60 for every download. For the digital version of the game software, developers can make USD 45, or about CNY 295.
Keywords in the article: CCTV Finance   CHINA GAME   QEOME