German Games Industry Association: German Gaming Industry in 2021 reached $10.6B
Newzoo is showing numbers twice as lower.
Growth to 2020 was 17% despite the high base effect.
Software sales (game sales, subscriptions, IAP) increased by 19% and reached $5.92B.
The structure of software sales shows us, that subscription revenue fell by 11% compared to 2020, and games sales revenue dropped by 9%. But IAP increased by a significant 30%, from $3.53B to $4.6B which led the category to growth.
Hardware sales grew by 18% - from $3.3B in 2020 to $3.9B in 2021.
In hardware, all segments are growing. The fastest one is consoles with a +23% YoY. Gaming PC Accessories are next with 22% growth. Console accessories added 11% to the 2020 revenue, while Gaming PCs brought 10% more revenue than in 2020.