Chinese gaming market sets revenue record in Q3'24
The Chinese market is having good times.
The state-affiliated Gaming Publishing Committee of the China Audio-Video and Digital Publishing Association reported on the success.
Gaming market revenue in Q3’24 in China reached $12.9 billion (91.8 billion yuan). This is 8.95% more than in Q3’23.
$10.2 billion in Q3’24 was earned by games made by Chinese developers.
Mobile games earned $9.24 billion - +1.2% YoY.
The growth is associated with the release of Black Myth: Wukong, which gained wide popularity in the country.
Chinese developers in Q3’24 earned $5.17 billion in foreign markets. Thanks to Black Myth: Wukong, this figure grew by 21% YoY.