The gaming industry is enormous, and PC gaming is extremely popular. However, people claim that the gaming PC industry is dying, but the world isn’t so black and white – you need to do more than have a look at the market share to understand the true picture. Throughout this article, we will take you on a journey and tell you what the current landscape is like for video games.
The Basic Stats?
When you look at the statistics, you will find that PC gaming accounted for 24% of the market share in 2019. Although this may not feel like a lot, you need to remember that this covers consoles, mobiles, and any other device used for gaming.
Although the share may be dropping, does this mean that the gaming PC industry is dying? The simple answer is no. The truth is that technology has enabled more streams to take up the total share of the 160 billion gaming industry, which means there are more pieces of the pie. Therefore, instead of losing revenue, the PC industry is increasing – it’s just sharing with more outlets.
There is ample evidence to prove that the PC industry isn’t dying out. For example, the popularity of live streaming has grown considerably in the last couple of years. In 2019, around 26 million people were visiting Twitch, a figure that will have grown throughout the pandemic. For the most part, streaming is carried out from a PC because it is easy to manage. Even when console exclusive games are streamed, they are typically captured and streamed through PCs. Outside of Twitch, when you play games at the best high roller online casinos, their live shows are typically broadcast using PCs and a series of servers.
Esports has grown in popularity over the last couple of years, especially as it has jumped into the mainstream. For the most part, Esports games are played on gaming PCs, with the most popular including CS:GO, League of Legends, and Dota 2. In recent years, these games have brought in more than 50 million viewers worldwide – this is around the same number of viewers the Superbowl receives. With streams being accessible on any device, including mobile, the viewership of these esports tournaments is only set to rise.
Another part of the puzzle that proves that PC gaming isn’t dying, is that the prize money for these competitions has risen considerably. The largest prize pool for an esports competition is $40 million, which is impressive money to say comes from playing PC games. The growing prize pool for these competitions proves that the gaming PC industry isn’t dying.
The gaming industry is worth around 160 billion, and the gaming PC industry only makes up a small percentage of the complete market share – 24% to be precise. Despite this decline in overall share, there’s more than enough evidence to show that the industry isn’t dying. As long as there is the technology for computers to be built, the industry will never die out.