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- Gaming is facing difficult headwinds: In Q3, across 113 deals, $857 million was generated, representing a 10.3% and 35.3% decline, respectively. According to PitchBook’s latest Emerging Tech Research, however, VCs are still backing game studio startups, hoping to find the next blockbuster.
pitchbook.com/news/reports/q3-2023-gaming-report
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Is gaming a good investment in 2023?
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How did strategics perform in Q3?
Gaming: at a glance. 2023 market size: $188b (+3% YoY) Public markets: leading public gaming ETFs up to 20% YTD. Venture funding in Q3‘23: $454m across. 87 rounds (funding is -9% QoQ) Key Trends. Unity pricing changes. MSFT <> ATVI: approved on October 13. Roblox: older age demographic, creator tools, and monetization.
Nov 14, 2023 · Gaming is facing difficult headwinds: In Q3, across 113 deals, $857 million was generated, representing a 10.3% and 35.3% decline, respectively. According to PitchBook’s latest Emerging Tech Research, however, VCs are still backing game studio startups, hoping to find the next blockbuster.
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Oct 22, 2023 · Key Takeaways: Rapid Growth: Cloud gaming market expected to grow at a CAGR of around 48% through 2027. Major Players: Companies like Microsoft, Google, and Sony are investing heavily in cloud infrastructure. Challenges: Latency and data security remain as significant barriers.
Share this report: Gaming market size to reach $188b in 2023. Gaming VC funding: $454m in Q3 2023, down 9% QoQ. Gaming VC deal volume: 87 deals completed in Q3 2023, down 5% QoQ. Public market performance of top gaming ETFs performing up to 20.3% since the start of 2023 (vs S&P 500, +11.7%)
Oct 26, 2023 · Download the Drake Star Global Gaming Report Q3 2023 analyzing the third quarter and first nine months of 2023 for Gaming and Esports and outlining what to expect for the rest of the year. Highlights include: Q3 saw some of the biggest strategics restarting their M&A consolidation, after an extended quiet period.
Nov 15, 2023 · 15 November 2023. As with many other industries, the gaming sector has faced its share of issues this year as startups struggle to secure funding. Pitchbook has just released its Q3 2023 Gaming Report, looking at VC trends and emerging opportunities in gaming.
Nov 16, 2023 · Commercial gaming operators paid an estimated $3.43 billion in taxes tied directly to gaming revenue, an increase of 4.7 percent year-over-year. Industry revenue grew year-over-year across all verticals in Q3 2023, with both land-based casino and iGaming generating all-time quarterly records.
