Data Points: Value of Game Developer Investments and M&As 2024
Source: DDM Games Investment Review Game Developers Investment Report 2024
Value of Video Game Developer Investments and M&As 2024:
$10.8B across 671 investments and M&As
Investments
Of the $7.7B invested across 812 deals in 2024, game developers accounted for $4.4B across 580 investments (representing 57% of the total value and 71% of the volume). Since 2019, game developer investments by volume percentage have increased year-over-year from 49% to a record 71%, which marked the highest ever recorded across 17+ years of data.
M&As
Of the $9.9B across 812 M&A deals in 2024, game developers accounted for $6.4B across 91 transactions (representing 65% of the total value and 53% of the deal volume), marginally below the historical M&A volume percentage of 55%.
Download the free Game Developers Investment Report for insights regarding game developer investments and M&As:
- Investors focused on smaller studios (90% with 50 or fewer employees with a median of 11 employees)
- In contrast, acquirers focused on large studios (60% containing 21 to 250 employees with a median of 50 employees)
- The top active investor in game developers was Andreessen Horowitz and the top active M&A strategic acquirer was Atari
- Tables for the top five investors/acquirers as well as the top ten investment and M&A transactions of 2024
Download the Game Developers Investment Report and other reports!
We also offer free reports including the most recent Project & Studio Financing Snapshot and Q4 2024 Quarterly Games Investment Review Executive Summary. In addition to our free reports, each quarter we release a paid Transaction Bundle available on our website at GamesInvestmentReview.com that includes table lists of the quarter’s full investment and M&A transactions across seven industry segments.
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