The video game industry dominated entertainment in 2020.
Gaming revenue registered $180B this year, up 20% YoY. Compare that to the $100B movie industry and $75B from major league sports in 2019.
Nintendo, Sony, and Microsoft got all the attention this year— Walmart and Amazon can’t keep the PS5 or Xbox in stock, and Nintendo Switch sales grew 80 percent from April to September.
Will this momentum carry into 2021? Experts say it depends on the Covid vaccine’s efficacy, but only time will tell…