German Games Market Was a Big Winner in 2020
Sales revenue in the gaming industry rocketed up 32 percent last year. German industry organization game registered more than EUR 8.5 billion in sales in 2020 compared with just under EUR 6.5 billion in 2019.
One obvious reason was people across the world being forced to spend more time at home amidst the coronavirus pandemic.
“It wasn’t always possible to meet the strong demand for games consoles or gaming graphic cards, due to limited availability,” said game Managing Director Felix Falk in a statement. “Many German households upgraded their technical equipment at home during the course of the Covid-19 pandemic, so they are now ready for the top games of the coming years.”
There was growth across the board, so to speak, including subscriptions, charges for online services, purchases, in-game purchases and hardware.