Newzoo: There will be over 3 billion gamers by 2023

The number of gamers around the globe will top 3 billion by 2023, according to market researcher Newzoo. It may sound crazy to expect 39% of all humans to be playing games, but Newzoo says we already have 2.69 billion players thanks to mobile devices. And like it or not, new players are born every day, and those who aren’t playing are becoming a smaller part of the overall pie.

Demographic change is driving this trend, as most young folks play games. The game market is expected to generate $159.3 billion in 2020 and exceed $200 billion by 2023, Newzoo said. The growth is being driven by mobile games and huge hits such as Fortnite, League of Legends, and Pokémon Go. During the pandemic, the numbers are growing at an accelerated rate.