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US Video Game Market: 2024 Annual Report
The United States video game market experienced a slight contraction in 2024, with total revenue reaching $58.65 billion, representing a 1.1% decline compared to the previous year.
- The US video game market generated $58.65 billion in 2024, a 1.1% decline compared to 2023.
- Hardware sales saw the sharpest decline, dropping 25% to $4.85 billion, while video game content spending rose 2% to $50.6 billion.
- Call of Duty: Black Ops 6 was the best-selling game of 2024, marking the 16th consecutive year the franchise has held the top spot in US dollar sales.
Everything Sports on Live Streaming in 2024
Traditional sports and live streaming are increasingly converging, challenging the historical perception that these entertainment sectors are mutually exclusive.
- The Kings World Cup Nations achieved a peak viewership of 3.4 million in early 2025, building on the success of the Kings League which accounted for 6 of the top 10 most-watched sports events in 2024.
- Creator-led sports events are driving massive engagement, led by WestCOL’s 'Stream Fighters 3' with 1.4 million peak viewers and rebeudeter’s 'DTR Fight' with 1.2 million peak viewers.
- Streamer DjMaRiiO led sports-focused content in 2024 with 14.1 million hours watched, followed by journalist Gerard Romero with 10.3 million hours.
Best-Selling Video Games of 2024: Steam and Console Market Analysis
The 2024 video game market analysis highlights a significant divergence in consumer behavior between PC and console platforms.
- Indie titles dominated the 2024 Steam charts, occupying seven of the top 10 spots by units sold, including hits like Palworld, Chained Together, and Supermarket Simulator.
- Black Myth: Wukong was the top-selling game on Steam in 2024, following a massive launch that saw it reach 10 million units sold across PC and PS5 in just three days.
- Sports simulation games dominated console platforms in 2024, accounting for half of the top 10 best-selling titles on both PlayStation and Xbox.
Black Friday Video Game Sales Dip in the UK: UK Monthly Charts 2024
The UK video game market experienced a significant contraction in November 2024, with total software sales reaching just over three million units, representing a 33% decline compared to the same period in 2023.
- UK video game software sales dropped 33% year-over-year in November 2024 to just over three million units, driven by the absence of a major blockbuster release and the exclusion of Black Friday from the monthly data window.
- Console hardware sales fell 45% compared to November 2023, though the PlayStation 5 Pro launch accounted for 26% of all PS5 units sold during the month.
- Black Friday week sales reached 1.53 million units, representing an 8% year-over-year decline.
Team Vitality, Lille Olympique Sporting Club Renew Partnership
Team Vitality and the French football club Lille Olympique Sporting Club (LOSC) have renewed their partnership for a third consecutive year, continuing their collaborative efforts within the EA Sports FC esports ecosystem.
- Team Vitality and Lille Olympique Sporting Club (LOSC) have renewed their partnership for a third consecutive year to compete in EA FC esports.
- The 2024/25 season roster features players Ilian Bouchi and Brice Masson, coached by Johann ‘ManiiKa’ Simon.
- The partnership aims to secure qualification for the 2025 Esports World Cup.
GamePass Shifts, FIFA’s New Partner, and EA’s Record-Breaking Quarter: Gaming Industry Highlights Weeks 42-45
The article examines key shifts in the gaming sector during weeks 42-45 of 2024, focusing on subscription strategy changes, licensing realignments, and financial performance.
- The day-one release of Call of Duty: Black Ops 6 on GamePass resulted in a 69% drop in Xbox unit sales compared to Modern Warfare III, despite setting new day-one player records and boosting subscription numbers.
- EA reported an 8% year-on-year revenue increase, bolstered by the performance of EA College Football 25 and Dragon Age: The Veilguard, which became BioWare’s fastest-selling title on Steam.
- FIFA has entered a partnership with Konami to operate on the eFootball platform, while EA continues to hold exclusive league and player licenses under its EA Sports FC brand.
Dragon Ball and Undisputed Sales: UK Monthly Report October 2024
The UK video game market experienced a modest growth in software sales during October 2024, with 2.9 million units sold, representing a 3.2% increase compared to the same period in 2023.
- UK software sales reached 2.9 million units in October 2024, a 3.2% year-on-year increase driven by high-profile new releases.
- Console hardware sales declined by 18% year-on-year, with PlayStation 5, Nintendo Switch, and Xbox Series all recording double-digit drops.
- Call of Duty: Black Ops 6 topped the monthly charts, with a 24% year-on-year increase in premium PlayStation sales offsetting an 11% decline in overall premium sales attributed to Game Pass availability.
Top-Grossing PC and Console Games: Q3 2024
The third quarter of 2024 saw a distinct divergence in revenue drivers between the PC and console gaming sectors across the United States and Europe.
- EA Sports College Football 25 was the highest-grossing PC and console game in the US and Europe during Q3 2024, accounting for over 18% of the top 10 games' total revenue.
- Black Myth: Wukong ranked as the top-grossing PC game in the US and Europe in Q3 with a 6.9% market share, narrowly surpassing Valorant at 6.8%.
- Sports titles dominated the console segment in Q3, accounting for nearly 40% of total revenue across the US, UK, France, Germany, Italy, and Spain.
Video Game Sales: Europe September 2024
Video game sales across Europe experienced a significant surge in September 2024, with total volume increasing by more than 20% compared to the same period in 2023.
- European video game sales volume rose by over 20% year-on-year in September 2024, reaching a total of 17.6 million units sold.
- Console hardware sales declined 18% year-on-year to 335,000 units, with Xbox hardware suffering a 58% drop while Nintendo Switch sales grew by 1.5%.
- EA Sports FC 25 topped the September charts, while Warhammer 40,000: Space Marine 2 emerged as a breakout hit on track to be the fastest-selling title in its franchise.
Roblox Gets Hindenburg-ed: Should We Take It Seriously?
The recent report by Hindenburg Research regarding Roblox has sparked significant industry discussion, primarily focusing on allegations of inflated user metrics and compromised child safety.
- Hindenburg Research alleges that Roblox’s daily active user and engagement metrics are inflated by 25% to 100% due to the presence of bots and alternative accounts.
- Roblox reported a 31% year-over-year revenue increase in its most recent quarter, despite a temporary 9% decline in market capitalization following the short-seller report.
- The gaming industry continues to show strong performance, evidenced by a 70% increase in World of Warcraft hours watched in September 2024 following its latest expansion.
Randy Hearst Harris Joins NIP Group Board
NIP Group, a publicly traded international esports organization, has appointed Randy Hearst Harris as an independent director to its board of directors, effective September 24, 2024.
- NIP Group (NASDAQ: NIPG) appointed Randy Hearst Harris as an independent director to its board of directors, effective September 24, 2024.
- Mario Ho, chairman and co-CEO of NIP Group, stated that Harris was selected to help guide the organization's global expansion and strategic growth.
- Randy Hearst Harris is the founder of the sports management company 3V and an investor with a portfolio spanning real estate, technology, and AI ventures.
EA Sports FC 25, Space Marine 2, Astro Bot and PS5 Impress: September UK Monthly Charts
The UK video game market experienced a robust September, with 3.88 million console and PC games sold, representing an 8% increase compared to the same period in the previous year.
- The UK video game market grew 8% year-on-year in September, with 3.88 million console and PC games sold driven by six new top-ten releases.
- EA Sports FC 25 debuted at number one, despite a 4.6% decline in launch sales compared to its predecessor.
- Warhammer 40,000: Space Marine 2 became the second best-selling game of the month and the third best-selling new release of 2024 so far.
