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i24NEWS·3 min read·medium

Inside The $189 Billion Gaming Boom: Why Israel Is Becoming The Industry's Next Powerhouse

L
Lynn Plagmeijer
Inside The $189 Billion Gaming Boom: Why Israel Is Becoming The Industry's Next Powerhouse
AI Summary

The global gaming industry has grown into a $189 billion market, with Israel emerging as a significant hub for development and infrastructure. Gaming technology firm Xsolla has opened a community hub in Tel Aviv to support local startups and developers.

Once viewed as a niche form of entertainment, video games have become the world's largest entertainment industry, generating an estimated $189 billion in annual revenue—surpassing the film and music industries combined.

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