video game companies
Video games have always been popular, but the industry has reached a new level in recent years. With more and more video game companies setting up shop in the USA, it’s important to know just how big of a business it is. In this blog post, we will take a look at just how many video game companies are based in the USA and what that means for the industry as a whole. From big names to up-and-coming companies, read on to learn more about the state of video gaming in America.
What is a video game company?
A video game company is a business that develops, publishes, and distributes video games. The number of video game companies in the United States has grown rapidly in recent years, with major studios such as Electronic Arts and Activision Blizzard emerging from smaller companies. In 2018, the market value of video game companies in the United States was $24.2 billion.
How many video game companies are in the USA?
There are over 270 video game companies in the USA according to the ESA’s 2017 report. This number is up from the previous year where there were 246 companies represented. The increase can likely be attributed to the booming industry of esports which has seen a significant increase in viewership and investment. While there are more companies, not all of them are as well-known as some of the bigger players. In fact, many smaller companies are working on new and innovative games that haven’t been seen before.
The Impact of Video Games on the Economy
According to the ESA, there are now more list of video game companies in the USA than in Japan. This explosive growth has been spurred by the increasing popularity of video games as a medium and entertainment option. The impact of video games on the economy is undeniable.
One study found that spending on video games increased economic output by 1% in the USA and Europe. In other words, if you take money away from the economy due to a reduction in spending on other goods and services, video games will make up for it.
The industry is also responsible for creating tens of thousands of jobs across the world, with an estimated impact of $22 billion USD in 2016. From programming and design to marketing and sales, video gaming has a far-reaching impact on society.
Conclusion
In this article, we explored the history of video game companies in the USA. We looked at how many companies are based in America and what factors have contributed to their success. Finally, we analyzed which video game genres tend to be produced by American companies.
