
- The gaming revenue in China in the first half of 2023 generated $20B revenue. It’s 2.39% lower than a year before.
- However, CADPA does expect fast growth in H2 2023, which will help to end the year with positive dynamics. They’re relying on quarter-to-quarter numbers, which shows that in Q2 the market was up by 22% compared to Q1.
- The number of gamers reached 668M. It means that every second Chinese is a gamer.
- The PC gaming market is rapidly growing in China. In the first half of 2023, it grew by 7.2% and reached $4.56B.
- The Chinese gaming industry is making a bet on eSports. Event organizers do see both revenue and interest growth.
- Chinese companies earned $8.21B on overseas markets in H1 2023 which is a decline of 8.72% compared with H1 2022. The main overseas markets for Chinese developers are the US, Japan, and South Korea.