- The company believes that in 2023 the gaming market will grow to $201B and will continue growth with an 8.94% CAGR.
- Funding in different stages in 2022 (without M&A) in the gaming industry was $14.048B. In the first two quarters of 2023, funding only reached $1.443B.
- VC funding dropped by 38% in Q2 2023 compared to the first quarter. The volume of early stages deals is dropping 5th quarter straight.
- The number of VC deals in Q2 2023 reached its minimum in 3 years. Less was only in Q2 2020.
- Gaming ETF started to grow at the beginning of 2023. ESPO got +30.1%; GAMR – +9.7%. We can carefully presume that investors believe in companies’ adaptation to the new market cycle.
- Public companies have a significant amount in cash – more than $45B. Activision Blizzard is a leader by this parameter with a $9.2B in cash.
- The largest gaming VC deal of Q2 2023 is a Round A from Goals ($20M).
- Asia remains the leader in both the number and size of deals in the gaming industry.
