The superior user engagement of the video game industry saw it surpass the global revenues of the music industry and the movie industry more than a decade ago, and it is forecast to grow for the next five years at a compound annual growth rate (CAGR) of nearly 13 percent. In 2020, video game revenues totaled US$159 billion, compared to $43 billion in 2019 for the world movie box office (which retracted in size in 2020) and $57 billion for the music industry. Now there is a growing indication that video game memorabilia values will reflect the size and importance of the current games market, and perhaps even exceed the values of movie and music memorabilia.
Category: Collectibles, Lifestyle
Tags: Game, Video Games, Auction