Video Game Fever: Gaming Revenue to Surpass TV in 2020, Study Says | Charts

GamingGrill 2019: The gaming world will bring in nearly $200 billion in revenue next year, according to research from IDG Consulting chief Yoshio Osaki

Gaming is on the verge of becoming the biggest entertainment sector in the world.

That was one of the key takeaways from IDG Consulting CEO Yoshio Osaki’s opening presentation on Tuesday at TheWrap’s GamingGrill at Herringbone in Santa Monica. Gaming, according to IDG’s research, already brings in more revenue globally than the music business, movie ticket sales and home entertainment combined. Overall, the gaming industry is on pace to bring in nearly $180 billion in revenue this year — marking a 24% jump in revenue from only two years ago.

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Sean Burch

Tech reporter • sean.burch@thewrap.com • @SeanB44