{"id":104935,"date":"2016-09-23T08:56:25","date_gmt":"2016-09-23T06:56:25","guid":{"rendered":"http:\/\/mygaming.co.za\/news\/?p=104935"},"modified":"2016-09-23T08:57:11","modified_gmt":"2016-09-23T06:57:11","slug":"this-is-what-makes-up-south-africas-massive-r3-7-billion-videogame-industry","status":"publish","type":"post","link":"https:\/\/mygaming.co.za\/news\/business\/104935-this-is-what-makes-up-south-africas-massive-r3-7-billion-videogame-industry","title":{"rendered":"This is what makes up South Africa’s massive R3.7 billion videogame industry"},"content":{"rendered":"

Price Waterhouse Cooper has revealed its Entertainment and media Outlook for the next four years.<\/p>\n

Included is the gaming industry which is forecast to grow at a healthy CAGR (Compound Annual Growth Rate) of 5.6% to reach R3.7 billion in 2020, up from R2.8 billion in 2015<\/strong>.<\/p>\n

Perhaps unsurprisingly,\u00a0social\/casual gaming revenue showed the biggest growth<\/strong> as it overtook traditional game revenue for the first time in 2015 and will be the key growth area over the next five years, exceeding R2 billion by 2020.<\/p>\n

That’s not to say traditional games are doing badly – Traditional game revenue will nonetheless continue to grow steadily at a CAGR of 2.7%, assisted by rapidly growing digital sales.<\/p>\n

Even physical games aren’t doing too badly – sales of physical copies of games are expected to hold up better than in most markets, but will have fallen to just 22% of the video game market by 2020 from 51.9% in 2011.<\/p>\n

\u00a0You can check out the full market breakdown below (click to enlarge)<\/strong>:<\/div>\n

\"market\"<\/a><\/p>\n

\n

More gaming news<\/h3>\n

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Raspberry Pi Official Starter Kit \u2013 South African pricing revealed<\/a><\/strong><\/p>\n

5 games that are flying under everyone\u2019s radar<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

PS4? Xbox One? PC? This is where the money is.<\/p>\n","protected":false},"author":234,"featured_media":104941,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[2,9,20],"tags":[18753,17973,4435,22097,2163],"class_list":["post-104935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-entertainment","category-features","tag-africa","tag-growth","tag-pwc","tag-segment","tag-south-africa"],"_links":{"self":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/104935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/users\/234"}],"replies":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/comments?post=104935"}],"version-history":[{"count":1,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/104935\/revisions"}],"predecessor-version":[{"id":104993,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/104935\/revisions\/104993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media\/104941"}],"wp:attachment":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media?parent=104935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/categories?post=104935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/tags?post=104935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}