European Video Games Industry Releases 2022 Annual Key Facts Report

Collaboratively assembled by Video Games Europe and EGDF, this report provides invaluable insights gleaned from data by Ipsos Mori, GSD, and industry stakeholders themselves.

Key Takeaways from the Report

The Annual Key Facts Report unveils a series of intriguing highlights that underscore the industry's significance and dynamism:

1. Gamer Demographics and Engagement: The report underscores the industry's broad appeal, revealing that 76% of video game players in Europe are adults, with an average age of 31.3. Impressively, over half of Europeans—53%—indulge in video games, underlining the mainstream integration of gaming into society.
2. Workforce Growth and Diversity: The video games sector's workforce has surged by 12% year-on-year, growing from 98,000 to 110,000 individuals. A particularly noteworthy development is the 7.4% increase in the number of women in the workforce, marking a positive shift towards greater gender diversity.
3. Revenue and Economic Impact: The economic significance of the industry is reinforced by a 5% increase in revenue, reaching 24.5 billion Euros. This financial achievement not only underscores the sector's contribution to the digital economy but also its capacity to generate skilled job opportunities.
4. Celebrating PEGI's 20th Anniversary: A remarkable milestone in the report is the celebration of PEGI's 20th anniversary. The Pan-European Game Information (PEGI) age-rating system has served as a pioneering beacon for responsible gameplay, guiding parents and players alike in navigating appropriate gaming experiences.

Industry Leaders' Perspectives

Olaf Coenen, Chair of Video Games Europe, remarked on the industry's profound impact, emphasizing its role in the digital economy, revenue generation, and fostering innovative learning experiences. Coenen also underscored the industry's commitment to nurturing virtual spaces for novel encounters.

Hendrik Lesser, President of EGDF, celebrated the sector's growth and achievements, particularly the notable increase in female representation. However, Lesser also cautioned that Europe's digital skills gap poses a significant challenge, hampering the industry's full potential and hampering talent acquisition efforts.

A Glimpse into the Future

In its final iteration before the European elections, this Key Facts Report has illuminated the industry's achievements, challenges, and transformative potential. As the industry's role continues to evolve and adapt in the face of technological advancements, its significance as a creative and economic force cannot be overlooked.