New report says PC games are outselling console games, calling PC gaming a 'bright spot' in a troubled industry
Earlier today, Matthew Ball, CEO of investment strategy firm Epyllion, released an early version of a presentation called «The State of Video Gaming in 2025.» The slideshow, which incorporates data from market research firms like IDG, Newzoo, and Circana, summarizes worldwide market trends in the gaming industry. I'll be honest: Things aren't great. Following a decade-long growth wave between 2011 and 2021, the industry's revenue growth has stalled, feeding into an atmosphere of risk aversion and stagnating investment.
The outlook isn't entirely dire, however. While gaming industry revenue growth has plateaued over the last three years, Epyllion's analysis says PC gaming is «a bright spot» of continued growth, now accounting for the majority of non-mobile content revenue.
According to Epyllion, both PC and console gaming are—as you may have noticed—considerably bigger concerns than they were at the turn of the 2010s. In 2024, consumers were spending almost $50 billion more on PC and console games than they were in 2011.
But beginning in 2021, console gaming growth started to slow, which is particularly clear in worldwide Xbox Series S/X and PlayStation 5 console sales. Compared to the previous console generation, the current Microsoft and Sony console lines had, after 49 months, sold nearly 7 million fewer systems.
PC gaming, meanwhile, has only continued to grow. «While console has stagnated since 2021,» Epyllion says, PC gaming revenue «has grown 20%.»
Epyllion attributes PC gaming's continued growth to «many compounding advantages over the console ecosystem,» like a more extensive release library with greater backwards compatibility, more immediate access to web browsers, social platforms, and livestream software suites, and higher top-end performance.
What's more, Epyllion says PC gaming's «momentum is still growing,» thanks to cross-releases of console exclusives, advancements in portable PC gaming devices like SteamOS, and, well, Roblox. «Hundreds of millions
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