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AAA games to earn record-breaking $19 billion in 2020

Heavy-hitters like Cyberpunk 2077 and Final Fantasy 7 Remake will help push premium games to an all-time high in 2020.

@DeekeTweak
Published Sat, Jan 4 2020 1:57 PM CST   |   Updated Mon, Oct 19 2020 8:19 PM CDT

Massively anticipated games like Cyberpunk 2077, Final Fantasy 7 Remake, and even Animal Crossing: New Horizons will propel 2020's premium gaming spend to record levels.

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Next-gen consoles like the PlayStation 5 and Xbox Series X and a slew of big games will drive 2020's gaming revenues to new heights, especially in the AAA games segment. Analyst firm SuperData predicts premium titles will deliver a record-breaking $19.8 billion in 2020, accounting for roughly 15.8% of the total estimated yearly earnings forecast.

"Premium games will have their biggest year ever with $19.8 billion in revenue thanks to major releases in the first half of the year. Highly anticipated games like Cyberpunk 2077, The Last of Us Part II and Animal Crossing: New Horizons will launch before focus shifts to next-generation consoles from Microsoft and Sony," SuperData writes in its latest yearly report.

Consoles are forecast to make the lion's share of 2020 game sales thanks to next-gen systems. Premium console games may deliver $14.5 billion on consoles, whereas PC is expected to rake in $5.3 billion.

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Remember these numbers are based on the games we know about.

There's tons of more projects that have yet to be announced for next-gen consoles, including Sony's own PlayStation 5 launch games, and a slew of third-party titles. New games from Ubisoft like the rumored Viking-themed Assassin's Creed could propel next-gen software to massive heights.

Backward compatibility will also play a huge part in game sales and adoption in 2020. Both the PlayStation 5 and Xbox Series X are backward compatible with current-gen games, meaning new adopters will double-dip on cross-gen games while existing console owners will buy forward into the new generation.

Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

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