1970s: Home and arcade gaming grew in popularity.
This brief timeline of the evolution of video games spans from their origin in the 1970s to the present: Understanding the industry’s history can help offer a glimpse into the future of video games. The market has attracted tech giants such as Amazon, Apple, Facebook, and Google, all with gaming products of their own and offerings that extend gaming to the cloud.
There were 7 billion gamers worldwide in 2020 - about 35% of the world’s population - according to Statista.Īs the gaming industry evolves, companies such as Nintendo, Sony, and Microsoft continue to advance innovation in the game console space. The games and interactive media marketearned more than $120 billion in 2019, according to SuperData mobile games generated more than half that PC and gaming consoles generated $29.6 billion and $15.4 billion, respectively. The future of video games is bright, with billions of gamers worldwide and revenues in the hundreds of billions of dollars. What Will Shape the Future of Video Games?. Gaming Industry Trends Driving Innovation.
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