According to data provided by Video Game Analytics, just ten of the most popular games on Steam generated over half of all sales revenue in 2023. The main sales leader turned out to be Baldur’s Gate III, which continues to enjoy immense popularity since its release in August.
Statistics show that users purchased a total of 580 million copies of games on Steam throughout the year. However, these top ten best-selling titles accounted for a whopping 61% of all sales revenue from new releases in 2023. Baldur’s Gate III alone brought in $677 million, which amounted to 21% of the total.
It is worth noting that only about 5% of all games released in 2023 earned over $100,000. Only a handful of titles from the Steam library achieved revenue above a million dollars. The low results are likely due to increased competition among available productions on the platform and a decline in console prices.
Despite these forecasts, Steam expects to remain the market leader in 2024. Despite fewer releases, the platform still has many advantages and is still the preferred place for gamers to purchase games.
FAQ:
Which games contributed to the majority of sales revenue on Steam in 2023?
The top ten games on Steam in 2023, including Baldur’s Gate III, accounted for the majority of sales revenue.
What is the dominant position of Baldur’s Gate III on Steam?
Baldur’s Gate III continues to be one of the best-selling titles on Steam since its release in August.
Why do only a handful of games achieve high revenue on Steam?
Increased competition among available productions and a decline in console prices contribute to low revenue for the majority of games on Steam.
Definitions:
Steam – the largest digital game store, a platform for digital distribution of games, managed by Valve Corporation.
Baldur’s Gate III – a cRPG created by Larian Studios, a continuation of the popular Baldur’s Gate series.
Video Game Analytics – a company specializing in the analysis of data from the video game market.
Sales revenue – the total income obtained from product sales.
Source: ViaStatista.com
The source of the article is from the blog qhubo.com.ni