Game investments continue at record pace in first half of 2019

first_imgGame investments continue at record pace in first half of 2019Digi-Capital: $3.8b in investments contrasts with lowest merger and acquisition and IPO spend since 2010Rebekah ValentineSenior Staff WriterWednesday 10th July 2019Share this article Recommend Tweet ShareCompanies in this articleDigi-CapitalAfter a record $5.8 billion spent on game investments in 2018, this year is on track to smash that record yet again with $3.8 billion spent in just the first half of 2019.According to Digi-Capital’s Games Investment Report for Q3 2019, when combined with 2018’s investment totals, the last 18 months of funding have exceeded the previous five years’ worth of gaming investments.Related JobsSenior Game Designer – UE4 – AAA United Kingdom Amiqus GamesProgrammer – REMOTE – work with industry veterans! North West Amiqus GamesJunior Video Editor – GLOBAL publisher United Kingdom Amiqus GamesDiscover more jobs in games That said, spending on mergers and acquisitions (M&A) and IPOs dropped to 2010 levels in the first half of 2019 after a record 2018. $22.4 billion was spent in these two categories for all of last year, but in the first half of this year, only $1.1 billion was spent.It’s worth noting that over the last few years, M&A spending has followed a trend of a low spending year following a high spending year, while IPOs have typically had a single high-spend year followed by two low-spend years. That said, 2019 is low for both even by those standards.Previously, Digi-Capital has predicted that worldwide games industry revenues for both hardware and software spending would hit $200 billion by 2023.Image credit: Digi-CapitalImage credit: Digi-CapitalCelebrating employer excellence in the video games industry8th July 2021Submit your company Sign up for The Daily Update and get the best of GamesIndustry.biz in your inbox. Enter your email addressMore storiesDigi-Capital projects worldwide game revenues to hit $200b by 2023Firm believes mobile gaming could top $100b on its own in five years, with PC hardware/software the next largest sectorBy Brendan Sinclair 2 years agoGames investments raised $5.7 billion in 2018Amount of fundraising was more than double that of 2017, led by Epic Games’ $1.25 billion roundBy James Batchelor 2 years agoLatest comments Sign in to contributeEmail addressPasswordSign in Need an account? Register now.last_img

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