Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry...
-
Upload
bernice-campbell -
Category
Documents
-
view
214 -
download
0
Transcript of Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry...
Driving Economic Growth with High-Tech Innovations
An Overview of Today’s Video Game Industry
Michael GallagherPresident and CEOEntertainment Software Association
Seattle Chamber of Commerce| November 14, 2014
A Broad, Innovative Industry
Everyone Plays
• 59% of Americans play games
• Average game player is 31 years old, has played for 14 years
• 71% of gamers are age 18 or older
• Average age of the most frequent game purchaser is 35
• 48% of gamers are women
Strong Sales Trends
• More than $21 billion in total revenue in 2013
• Sales of game content alone generated $15.4 billion, compared to $7 billion in 2004
• Grand Theft Auto V generated $1 billion in just three days, breaking entertainment sales records
More than Entertainment
Video games drive positive change beyond entertainment, impacting our daily lives
• Strengthen our education system
• Inspire artistic expression
• Increase our chances for workplace success
• Improve health and wellness
• Tackle important social issues
Strengthening Economies, Creating Jobs
Washington’s Video Game Industry by the Numbers:
Added $595 million to state economy in 2012
Grew by 7% from 2009 to 2012
95 video game companies
12,883 direct and indirect employees
Employment grew by 14% from 2009 to 2012
Average compensation is $99,964
2,974 direct employees
Strengthening Economies, Creating Jobs
California• 375 video game companies• 10,201 direct industry employees• 63,700 direct and indirect employees• Grew by 8.8% from 2009-2012
Texas• 127 video game companies• 3,834 direct industry employees• 17,900 direct and indirect employees• Grew by 15.9% from 2009-2012
Driving Economic Growth with High-Tech Innovations
An Overview of Today’s Video Game Industry
Michael GallagherPresident and CEOEntertainment Software Association
Seattle Chamber of Commerce| November 14, 2014