ESA: the contribution of the gaming industry to the US economy exceeded $40 billion in 2019

What impact does the gaming industry have on the US economy? The Association of Software and Games Manufacturers (ESA) told about this in its new report. Last year alone, the direct contribution of this sector to the American economy exceeded $40 billion.General data

The gaming industry provides $59.76 billion of the total US GDP.

• The direct contribution of the video game industry to the US economy amounted to $40.9 billion.
• At the same time, the total contribution, taking into account fiscal multipliers, exceeded $90.3 billion.The total revenue of American gaming companies is $35.2 billion.
• A total of 11,427 video game-related organizations are registered in the United States.
• They employ 143,045 specialists (in total, the gaming industry employs 428,646 personnel indirectly related to this area).Taxes from the economic activity of the video game industry in 2019 amounted to $12.6 billion — of which $8.2 billion went to the federal budget.
• Geography of distribution of gaming industry specialists in the USA

Jobs

On average, 12.5 people work in one company.

• Most Americans work in the field of development — 40,676 people.
• Software manufacturers, game studios and publishers in total provide 61,230 jobs — this is 42.8% of the total number of citizens employed in the industry.
• A total of 27,283 people (19.1%) work in companies specializing in iron production.
• Retail and distributors in total provide 44,483 jobs (31.1%).
• Number of registered companies and employees

Investing in video game startups

From January 2017 to May 2020, 475 gaming companies in the United States received early stage investments.

• The total amount of investments during this period amounted to $9.8 billion, and on average each startup received funding from seven investors.
• The largest number of video game startups are in California (213), New York (48), Texas (32), Washington (28) and Massachusetts (20).
• Game developers attracted the most investments — $3.49 billion.
• At the same time, companies engaged exclusively in publishing activities received “only” $663 million.Also in the leaders in terms of the amount of investments received are esports ($ 3 billion) and developers of engines, software and services ($ 1.1 billion).
• Categories of companies and investments received

American companies with the largest capitalization

Activision Blizzard — $64.9 billion

• Electronic Arts — $41.1 billion
• Take-Two Interactive — $19.9 billion
• Zynga — $9.7 billion
• Glu Mobile — $1.4 billion
• Capitalization of the largest video game companies in the USA 

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• ESA President stood up for the loot boxes
• Is there any news?