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Gaming is heating up in Los Angeles

  • ​Visit the interactive map with specific businesses names at: http://bit.ly/2sdkPzv

  • As one of the hottest markets for media, technology, and entertainment, Los Angeles is now becoming the mecca for digital gaming and eSports in the world.

  • Gaming development is massive in Los Angeles ranging from companies with a few dozen employees to Fortune 500 businesses. In the LA region alone there are roughly 233 companies which range from game development companies, to publishers, with games covering all media from virtual reality to mobile.

  • Over the last three years, public equity valuations for video game companies have increased 150 percent, and as of 2017 there were 2.6 billion casual gamers in the world, up from 100 million gamers in 1995. PricewaterhouseCoopers expects the industry will grow five percent annually into 2020 with a global revenue of $90.1 billion. This industry evolution will support more growth and attract companies and gaming-related entertainment venues to expand in the gaming capital of the world, Los Angeles. ​​

Source: JLL Research




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