Newzoo's forecast for global gamers in 2021.
Newzoo's forecast for global gamers in 2021.
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Newzoo: Game market will hit $200B in 2024

The global game market will grow from $175.8 billion in 2021 to more than $200 billion in 2024, according to the 2021 Global Games Market Report from Newzoo.

From 2019 to 2024, the market should grow with a healthy compound annual growth rate (CAGR) of 8.7% to reach $218.7 billion in 2024,
surpassing the $200-billion threshold in 2023.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.