Games industry projected to go up to $186B in 2026 | Konvoy

Konvoy this week released its Gaming Industry Report for the first quarter of 2025, where it revealed more information about trends in the industry, including venture capital deals and mergers and acquisitions across the globe. According to the report, Konvoy predicts that the games industry will be worth $186 billion in 2026, a 4.7% increase year-over-year. It also shows information on the major deals in the industry, as well as the effects of the escalating detente between the U.S. and China.

The company reports that the games industry saw 43 mergers and acquisition transactions in Q1, with the two largest being Scopely’s $3.5 billion acquisition of Niantic’s gaming division, and Modern Times Group’s $620 million acquisition of Plarium. It also notes that there were 77 VC deals in this quarter — which was a 6% decrease from the previous quarter. However, the total amount of VC funding was $373 million, which was a 35% increase quarter-over-quarter.