Video games have come a long way since Pong, Pac Man and Space Invaders. According to a recent study conducted by Economists Incorporated for the trade association Entertainment Software Association entitled “Video Games within the 21st Century: The 2010 Report,” the video game industry contributed a robust $ 5 billion to the U.S. economy in 2009 alone. .
More jobs with video games
Michael Gallagher, CEO of ESA, explained that job creation has grown at a “rapid pace.” It is also making “an essential contribution to our nation’s economy while stimulating technological innovations and expanding the impact of games on our daily lives.” The survey shows us that 32,000 have jobs with video games generally with an average salary of $ 89,781. Directly or indirectly, the video game industry employs more than 120,000 individuals within the United States.
A lot in California
California is the largest employer of video game industry workers. In just 2009, $ 2.6 billion was given to direct and indirect employees for compensation. That translated into $ 2.1 billion in revenue for the state.
The next two states to follow are Texas and Washington. Between 2005 and 2009, Virginia increased their video game industry. There was a 77 percent increase.
Some of the value put towards entertainment
A recession means budget cuts in families. Typically entertainment is a part of this. Consoles cost between $ 200 and $ 500 for video game systems. This is why seems like expensive to work with video games. Also, games themselves will still cost between $ 20 and $ 60. But if a consumer can derive someplace between 40 and 100 hours of playtime from a well-constructed game, the price seems much more reasonable, particularly when compared with more passive styles of entertainment like movies, the price of which has skyrocketed in recent years. Hand-eye coordination gets much better along with development when using video games. The economy is also doing better because of video games.
Additional reading
Theesa
theesa.com/facts/pdfs/VideoGames21stCentury_2010.pdf
Washington State Lt. Gov. Brad Owen knows ‘Pong’
youtube.com/watch?v=M-b9wEww9MA
