Zona de Azar USA – Investors Inject Billions of US$ into GameTech

United States.- June 6, 2024 www.zonadeazar.com Gaming technology (gametech) companies lead total funding with $31.1 billion raised in a decade, 2.5 times more than their mobile gaming counterparts

Although mobile gaming companies generate the highest revenue and have the largest number of users in the gaming industry, they lose the race to their gaming technology counterparts when it comes to total venture capital funding.

According to data presented by AltIndex.com, gaming technology companies have raised $31.1 billion in funding rounds over the past decade, or 2.5 billion more than their counterparts in the mobile gaming segment.

Investments in gaming technology in 2024 have already exceeded 2023 levels

Gaming technology, or gametech, refers to solutions and services created especially for game development and used throughout the entire life cycle of a game.

Examples include technology used to create the game itself, solutions used to monitor and improve game performance, analytics tools, and technology that provides user acquisition analytics and app store optimization.

Over the past ten years, venture capital investors have pumped billions of dollars into companies in the gaming technology sector, fueling their growth. According to the DDM Game Investment Review Q1 2024 survey, gaming technology companies have raised $31.1 billion over the past ten years, significantly more than their counterparts in any other market segment.

Furthermore, statistics show that the positive trend continued in 2024, with gaming technology companies raising $1.6 billion so far this year, a promising 25% increase compared to the 2023 total.

Companies working in the MMO, MOBA and metaverse fields of the gaming market reached the second highest funding value of $29.8 billion in the last decade. Mobile gaming companies are far from these numbers, with $12.1 billion raised in funding rounds since 2013.

Console/PC gaming companies and their AR/VR counterparts follow with $9.3 billion and $2.9 billion in ten-year funding, respectively.

Venture capital investors have pumped nearly $100 billion into gaming companies in a decade

The DDM survey also demonstrated the resilience of the gaming industry, as total investments recovered in 2024 despite gaming industry layoffs and business upheaval.

During the first quarter of the year, venture capital funding in the gaming sector amounted to $2.2 billion across 178 investments, a notable 123% increase in value and a 20% increase in volume compared to the fourth quarter of 2023. Additionally, this marked the first quarter worth more than $2 billion since the third quarter of 2022.

In comparison, between October and December 2023, VC investors made 149 investments in the gaming sector, totaling $1 billion.

With more than two billion dollars invested in the market in the first three months of the year, the accumulated value of investments in the last decade jumped to almost 100 billion dollars.

• The full story and statistics can be found here:
  https://altindex.com/news/gaming-tech-lead-in-funding

Edited by @_fonta   www.zonadeazar.com