The Gaming video content market has become incredibly popular in the last decade with platforms like Twitch and YouTube capitalizing on the rise of both video games and video streaming. In fact, the revenue for the Gaming video content (GVC) market reached $6.5 billion in 2019 making it an incredibly lucrative industry. And, at the top of this industry, Twitch is still sitting comfortably. They brought in a 65% share of hours viewed in 2020 as well as a 72% share of hours streaming when compared to their rivals. They also generated more revenue in 2019 than their biggest rival YouTube – even though, overall, Twitch has a much smaller audience.
<em>Sources: SuperData Research, Business of Apps</em>
Twitch Viewer Growth
Twitch Channel Growth
Gaming video content has seen a significant uptake in recent years with platforms like Twitch and YouTube leading the way in this form of new media. The audience for this kind of content has grown to over 944 million people, a 5% growth from the previous year – and it shows no signs of slowing down either. The GVC market also made an impressive $6.5 billion in 2019, making it more than just a few videos on the internet.
Sources: SuperData Research
Streaming & Tipping
For a growing number of streamers, this has become their full-time job and main source of income. A big part of that is when viewers choose to “tip” their favorite streamers while they’re live. While this is a common feature on Twitch, YouTube doesn’t have a similar system in place – which may account for why YouTube had only 9.3k streamers in 2017 compared to Twitch’s 15k. And, in 2017, there were 101 million tipping instances recorded – an impressive 20% increase on the previous year.
Sources: Techcrunch, Streamlabs
While YouTube has easily become one of the biggest video platforms on the internet, it still hasn’t managed to completely corner the gaming video content market. Despite this, YouTube’s most popular gaming channel, PewDiePie has over 107 million subscribers compared to Ninja on Twitch who only has 15.9 million.
Twitch has seen some incredible growth increasing its average concurrent viewers from 102,000 in 2012 to over 2 million in 2020. With such an increase in viewership, it’s not surprising that there has also been a significant increase in the number of channels operating on the platform as well. In 2012, there were 2,200 channels on the platform, this number has increased to 83,600 in 2020. And, the most followed streamer on Twitch? That would be Ninja with an eye-watering 15.9 million followers.
Sources: Sullygnome, Twitch Tracker