Sections

Connect with world renowned investors

14 - 16 April 2021

Join the event

Gaming and live streaming rise globally amid COVID-19 crisis

Games industry in a strong position to weather pandemic, say analysts

Video game usage and live streaming has spiked as people self-isolate in response to the coronavirus (COVID-19) pandemic.

Data from Arsenal.gg that was provided to us in collaboration with streaming tools platform StreamElements found that global viewership has increased by 10% on Twitch and 15% on YouTube Gaming.

"With more stay-at-home mandates being issued around the world and the entertainment industry finding new ways to migrate their offerings to live streaming platforms, we expect to see these numbers rise," said StreamElements CEO Doron Nir in an email statement.

According to The Hollywood Reporter, US telecom firm Verizon found that online gaming has increased by 75% during peak hours in North America, while streaming is up 12%; overall web traffic is up nearly 20% but social media usage has remained flat.

"As we see more and more individuals work from home and students engage in online learning, it is a natural byproduct that we would see an increase in web traffic and access to VPN," said Verizon CTO Kyle Malady.

"And as more entertainment options are cancelled in communities across the US., an increase in video traffic and online gaming is not surprising."

Doug Creutz, analyst for investment bank Cowen, said gaming sectors are expected to "fare far better than the market average" during this pandemic.

"As such, we think the sector is a (relatively) good place to weather market volatility," he added.

Meanwhile in Italy, live streamed gaming content has increased by 66% in terms of hours watched, according to StreamElements. This follows a country-wide quarantine after Italy became the hardest-hit European country with over 2,500 deaths so far.

For the record: This article has been amended to include mention of Arsenal.gg which provided some of the data.

Connect with world renowned investors

14 - 16 April 2021

Join the event

More stories

Twitch sets new record with over 2bn hours watched in March

Grand Theft Auto V becomes the number one game watched for the first time as sleeping streamers gains popularity

By Jeffrey Rousseau

Netflix lands streaming deal for Sony films, including Uncharted

All Sony Pictures films from 2022 will be available on the streaming platform after their initial theatrical release

By Marie Dealessandri

Latest comments

Sign in to contribute

Need an account? Register now.