Niko Partners: Chinese Gaming market in 2022 surged to $45.5M; the Chinese PC market is gigantic
After the mobile domination, Chinese companies are seeking PC worldwide success.
Chinese Gaming Market
Despite the 2.4% decline, China is still the largest market in the world according to Niko Partners.
China is responsible for 31.7% of worldwide gaming industry revenue, and 33.4% of PC segment revenue.
Mobile games generate 66% of Chinese gaming market revenue; 31% - from PC games; 3% - from consoles.
By 2027 it’s expected that the market will reach $57B. The number of gamers will increase to 730M.
Niko Partners assume that in 2023 1,000 local developers and 100 foreign developers will receive the ISBN.
Chinese Mobile Gaming market
The volume of the Chinese mobile gaming market in 2022 was $30.1B. In 2023 according to analysts, it will grow to $32.3B, and to $39.6B in 2027.
640.6M mobile gamers were in China in 2022. By 2027 this amount will increase to 679.2M.
Chinese gaming companies
Chinese gaming companies are responsible for 39% of worldwide PC revenue (including the Chinese market).
Chinese gaming companies’ revenue in the West on PC increased by 22% in 2022. Niko Partners expects that their CAGR by 2027 will be 13.8%.
Tencent and NetEase are responsible for 61% of local PC revenue in 2022. Despite the large percentage, it’s lower than in 2021.
Stunishing, it's fascinating(but not good) to see how big companies and developers will face Chinese regulations and limitations to Western expression in exchange of an slice of that cake