NEWS

China video games market revenue hits $45.5bn during 2021

Internationally Chinese game companies made $17.3 bn, up 27% year-over-year

Last week Niko Partners reported that China’s domestic video game market revenue reached $45.5 billion during 2021.

The data from its China Mobile Games Market Report and China PC Games Market Report says that the year saw an increase of 5% year-over-year.

Mobile titles generated $31.8 million, whereas PC games made $13.7 million during the year of 2021.

The report went to say that internationally Chinese game companies made $17.3 billion in 2021, up 27% year-over-year.

“In the past year we have watched gamers entertain themselves with nostalgic and new games during the pandemic lockdowns, we have watched youth gamers wave farewell to a primary pastime due to regulations limiting their hours for gaming…” said Niko Partners founder and president Lisa Hanson.

Additionally, Niko partners said that China’s domestic video game revenue is poised to hit $55 billion in 2026.

While overseas Chinese game companies revenue is projected to reach $26.4 billion during the year.



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    • #14640
      berkough
      Keymaster
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      Does anyone know whether or not China has finally lifted the ban on home consoles? If that market takes off, then we can probably expect to see even higher revenues coming from China.

      • #14715
        Liam
        Participant
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        Yeah the ban is over now. But it is very difficult to get approval to release over there and with the youth restrictions and other red tape. Hence why things haven’t taken off over there. Good thing to with how beholden the games industry is already to China. Tencent alone accounts for over 70% of the revenue from this industry in China.

        • #14736
          berkough
          Keymaster
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          Yeah, that will definitely stifle innovation over there, but a single company dominating an entire industry in a communist country is par for the course…

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