Digital Development Management (DDM) recently released its report regarding video game investments made during the third quarter of this year. Overall, gaming investments reached $2.2 billion, a 55% decrease from the same period the year before.
The total number of investments made during the quarter (156) also represents a decline. The number of investments from Q2 to Q3 of this year dropped by 33%.
Video game industry M&A activities generated $6.5 billion thanks in part to 66 deals. This represents an increase in the number of M&A deals from the previous quarter. However, the value of these transactions was down 65.3% when comparing Q2 to Q3.
Through the first three quarters of 2022, 708 video game industry investments have been made totaling more than $10.7 billion. Meanwhile, total M&A activities through 2022 have generated $33.3 billion, making it the second-most lucrative year of all time, with only 2021 performing better.
When all is said and done, it doesn’t look like 2022 will be able to live up to 2021. The combined value of investments and M&A activities for the year is $44 billion, a 46% decrease from last year.