World electronic gaming revenues to grow 9.6% to US$152.1bil in 2019: report

FILE PHOTO: A larger than life gaming character statue greets attendees during opening day of E3, the annual video games expo revealing the latest in gaming software and hardware in Los Angeles, California, U.S., June 11, 2019. REUTERS/Mike Blake/File Photo

NEW YORK: The global video and electronic games market will generate US$152.1bil (RM635.24bil) in 2019, up 9.6% over last year as gaming morphs into content and communication, according to a report by gaming analytics firm Newzoo on June 18.

It is "the complete convergence of different forms of digital entertainment all coming together", Peter Warman, chief executive of the Netherlands-based firm, told Reuters in a phone interview.