Investments·Updated Mar 17, 2026 by Konvoy
The global gaming market is projected to reach $201 billion in 2023, representing a 9% year-over-year increase.
Venture capital funding for gaming contracted by 38% quarter-over-quarter to $1.23 billion in Q2 2023, with growth-stage investments falling by 60%.
Public gaming firms hold approximately $45 billion in cash reserves, facilitating a strong environment for mergers and acquisitions.
Public gaming ETFs have demonstrated strong investor confidence, rising between 10% and 30% since the start of 2023.
Deal volume decreased by 22% to 194 total transactions, with early-stage financing in North America experiencing a 60% decline.
Industry strategic shifts include Microsoft’s near-completion of the Activision Blizzard acquisition and Embracer Group’s restructuring to prioritize first-party IP.
Technological trends are increasingly defined by the integration of generative AI for asset and NPC development alongside the rise of user-generated content platforms.
The global gaming market is projected to reach $201 billion in 2023, representing a 9% year-over-year increase.
Venture capital funding for gaming contracted by 38% quarter-over-quarter to $1.23 billion in Q2 2023, with growth-stage investments falling by 60%.
Public gaming firms hold approximately $45 billion in cash reserves, facilitating a strong environment for mergers and acquisitions.
Public gaming ETFs have demonstrated strong investor confidence, rising between 10% and 30% since the start of 2023.
Deal volume decreased by 22% to 194 total transactions, with early-stage financing in North America experiencing a 60% decline.
Industry strategic shifts include Microsoft’s near-completion of the Activision Blizzard acquisition and Embracer Group’s restructuring to prioritize first-party IP.
Technological trends are increasingly defined by the integration of generative AI for asset and NPC development alongside the rise of user-generated content platforms.