Digital games earnings hit $10.2 billion in May, up 14% YoY

The global games market raked in $10.2 billion in May 2020, up 14% from last year.

| Jun 22, 2020 at 4:07 pm CDT

Digital gaming generated $10.2 billion in May 2020, driven by heavy-hitting monetization from games like GTA Online, League of Legends, and the PUBG China mobile release Peackeeper Elite.

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Digital game sales, subscriptions, DLC and microtransactions made $10.2 billion in May 2020, analyst firm SuperData reports. These earnings represent a 14% YoY growth spike on the heels of two massive months of revenue surges: First in March, and then a record-breaking $10.5 billion in April 2020.

Console earnings were down a pretty substantial 27% from April, but year-over-year spending was greater than May 2019. Consoles generated 23% more earnings than last year, mobile was up 14% and PC revenues jumped by 8%.

The main contributors of this growth were League of Legends on PC, FIFA 20 on consoles followed by Grand Theft Auto V, and billion-dollar mobile titans Peacekeeper Elite (PUBG in China) and Honor of Kings.

Digital games earnings hit $10.2 billion in May, up 14% YoY 43 | TweakTown.com

ABOUT THE AUTHOR -

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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