Online Gaming Business

Business Idea: Start An Online Gaming Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$208K
Avg Startup Costs
$13.7K
Score
75
Market Size
Avg Revenue
Min Revenue
$1.25K/month
Max Revenue
$1M/month
Avg Days To Build
100 days

Love gaming and want to turn that passion into a profitable venture? Consider starting an online gaming business.

In simple terms, this involves creating, marketing, and managing games that players can access via the internet. Think about developing engaging mobile games, multiplayer online battle arenas, or intriguing puzzle games that captivate a global audience.

The allure of the online gaming business lies in its expansive market; the number of gamers worldwide is constantly growing, providing a vast target audience. You don't need to be a coding expert; you can outsource development while focusing on game concepts, marketing strategies, and community engagement.

Harnessing the power of social media, gaming forums, and streaming platforms can significantly boost your game's visibility. If you’re excited by the idea of combining creativity with technology, the online gaming industry offers an exciting, scalable, and lucrative path.

Revenue & Profitability

How much do online gaming businesses make?

Startup Costs

How much does it cost to start an online gaming business?

  • It can cost as low as $500 to start an online gaming business.
  • It can cost as high as $50,000 to start an online gaming business.

Learn more about the costs of an online gaming business.

Examples Of Successful Online Gaming Businesses

Successful online gaming business businesses and case studies

Overgear, a gaming marketplace offering assistance and training in WoW, Path of Exile, Destiny, Call of Duty, and Valorant, saw over $8 million in revenue and a 6x increase in clients in the past year by prioritizing user experience and customer retention through SEO and Google Ads, reinvesting profits, and creating a user-friendly product, amongst other things.

$1M Monthly Revenue
$50K Startup Costs
Read by 11,247 founders

Dilly Dally Games, run by solopreneur Christian Tuskes, has over 10k daily active users and earns between $16-17k per month from ad revenue due to its unique appeal to a demographic underserved in the gaming industry, as well as its focus on long playing times.

$20K Monthly Revenue
$500 Startup Costs
Read by 5,490 founders

See full list of successful online gaming businesses.