Q2 2023 Gaming Industry Report Released,
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Konvoy Ventures is a thesis driven venture capital firm focused on the video gaming industry. We invest in infrastructure technology, tools, and platforms.

Gaming Industry Report - Q2 2023

Q2 2023

Our analysis of the gaming market in Q2 2023 covers industry-specific trends in venture capital funding, public market data, and qualitative themes our team is currently monitoring. This report includes:

  1. Gaming market size to reach $201b in 2023
  2. Gaming VC funding: $472m in Q2 2023, down 38% QoQ
  3. Gaming VC deal volume: 85 deals completed in Q2 2023, down 22% QoQ
  4. Includes regional breakdowns across North America, Europe, Asia, Africa, South America, and Australia
  5. Public market performance of top gaming ETFs (ESPO, GAMR) - both up 10-30% since the start of 2023 (vs S&P 500, +15.9%)
  6. Cash balances held by market-leading gaming ($45b) and big tech companies ($176b) that have gaming divisions
  7. Trends and current events to watch: Apple Vision Pro, Embracer Group restructuring, MSFT <> ATVI regulation update, UGC predictions, Generative AI and its applications within gaming