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Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry Michael Gallagher President and CEO Entertainment Software Association Seattle Chamber of Commerce| November 14, 2014
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Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry Michael Gallagher President and CEO Entertainment Software.

Dec 16, 2015

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Page 1: Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry Michael Gallagher President and CEO Entertainment Software.

Driving Economic Growth with High-Tech Innovations

An Overview of Today’s Video Game Industry

Michael GallagherPresident and CEOEntertainment Software Association

Seattle Chamber of Commerce| November 14, 2014

Page 2: Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry Michael Gallagher President and CEO Entertainment Software.

A Broad, Innovative Industry

Page 3: Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry Michael Gallagher President and CEO Entertainment Software.

Everyone Plays

• 59% of Americans play games

• Average game player is 31 years old, has played for 14 years

• 71% of gamers are age 18 or older

• Average age of the most frequent game purchaser is 35

• 48% of gamers are women

Page 4: Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry Michael Gallagher President and CEO Entertainment Software.

Strong Sales Trends

• More than $21 billion in total revenue in 2013

• Sales of game content alone generated $15.4 billion, compared to $7 billion in 2004

• Grand Theft Auto V generated $1 billion in just three days, breaking entertainment sales records

Page 5: Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry Michael Gallagher President and CEO Entertainment Software.

More than Entertainment

Video games drive positive change beyond entertainment, impacting our daily lives

• Strengthen our education system

• Inspire artistic expression

• Increase our chances for workplace success

• Improve health and wellness

• Tackle important social issues

Page 6: Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry Michael Gallagher President and CEO Entertainment Software.

Strengthening Economies, Creating Jobs

Washington’s Video Game Industry by the Numbers:

Added $595 million to state economy in 2012

Grew by 7% from 2009 to 2012

95 video game companies

12,883 direct and indirect employees

Employment grew by 14% from 2009 to 2012

Average compensation is $99,964

2,974 direct employees

Page 7: Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry Michael Gallagher President and CEO Entertainment Software.

Strengthening Economies, Creating Jobs

California• 375 video game companies• 10,201 direct industry employees• 63,700 direct and indirect employees• Grew by 8.8% from 2009-2012

Texas• 127 video game companies• 3,834 direct industry employees• 17,900 direct and indirect employees• Grew by 15.9% from 2009-2012

Page 8: Driving Economic Growth with High-Tech Innovations An Overview of Today’s Video Game Industry Michael Gallagher President and CEO Entertainment Software.

Driving Economic Growth with High-Tech Innovations

An Overview of Today’s Video Game Industry

Michael GallagherPresident and CEOEntertainment Software Association

Seattle Chamber of Commerce| November 14, 2014