Video game industry projected to reach $214 billion by 2026

The global video game industry is experiencing steady growth, with revenues reaching approximately $202 billion in 2025. Market researcher Newzoo forecasts the industry will expand to $214 billion by 2026.

Take-Two Interactive is positioned as a major growth driver due to the upcoming release of Grand Theft Auto VI, scheduled for November 19. The previous installment, GTA V, has sold 230 million units since 2013. Management expects net bookings to rise by about 20% this fiscal year to roughly $8.1 billion.

In the hardware and console sector, Nintendo has sold approximately 24 million Switch 2 consoles, following the success of the original Switch, which reached over 156 million units sold.