If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Gaming Industry to be worth $68 billion by 2012

According to the PricewaterhouseCoopers comprehensive Global Entertainment and Media Outlook report for 2008 on Reuters, the videogame industry should be worth $68 billion by the year 2012.

Console games will continue drive sales, with an expected growth of 6.9 percent from $24.9 billion in 2007 to $34.7 billion in 2012. The report also predicts an increase at a compound annual rate of 6.3 percent, with sales up to $11.7 billion in 2012 from $8.6 billion in 2007 in the US.

Online games, which generated $6.6 billion in 2007, will also grow to $14.4 billion in 2012.

Loads more numbers and graphs through the link.

By Mike Bowden

About the Author

Mike avatar



33, live in Denmark, married, little boy named Aleksander help out Pat with some news stories for VG247

Support VG247

You give us money, we give you an ad-free reading experience, merch discounts, a newsletter every month, and elite status amongst your friends.

See more information

More News

Latest Articles

VG247 logo

Buy our t-shirts, yeah

They're far more stylish than your average video game website tat.

VG247 Merch