DDM Games Investment Review, DDM in the News – Oct 01, 2024

Data Points: Value of Console/PC Investments + M&As 2023

Source: DDM Console/PC Games Investment Report September 2024

Value of Console/PC Investments + M&As 2023:

$69.5B across 200 transactions

DDM presents a retrospective look at the 2023 Console/PC segment.

While it was a tough year for some segments, 2023 was a remarkable year for Console/PC as investments and M&As totaled $69.5B across 200 transactions (+612% in value and -25% in volume compared to 2022’s $9.7B across 267 transactions), marking the largest year for the Console/PC segment and was 2x larger than the last 5 years combined (2018-2022) due to Microsoft’s colossal $68.7B acquisition of Activision Blizzard. While this milestone is unprecedented, it is worth noting that without the acquisition the Console/PC segment showed signs of trouble as it would have totaled $769.2M across 199 transactions (-92% in value and -25% in volume compared to 2022’s $9.7B across 267 transactions). This is the second consecutive year of declined value and volume and would have been the lowest yearly value across the past six years.

Additional topics covered in the Console/PC Games Investment Report:

Investments and M&As by Region
Investments and M&As by Studio Size
2023 Top 5 Active Investors
Top Investments and M&As by Value 2023
Top Investments and M&As by Value 2013 – 2023

Download and read more in our free Console/PC Games Investment Report or either standalone report the Game Developers Investment Report and the Mobile Games Investment Report. We also offer the full landscape of each quarter’s games investment and M&As in our free Games Investment Review Executive Summary as well as a paid Transaction Bundle available on our website at DDMGamesInvestmentReview.com.