Interestingly, however, in the years prior to the game's release, its creator Yu Suzuki has suggested that the $70m figure supplied by Sega may not be entirely accurate. Even by today's standards, that's an awful lot of money, though, given that the game actually began development on the Sega Saturn several years prior to its eventual release and some of the cutting-edge components found throughout it, it's perhaps not too surprising to see such a large figure being bandied about. As a result, the record for the most expensive video game ever developed has been shattered multiple times over the past decade or so, with average development costs also now considerably higher than they were just a few years ago.įor many years, Shenmue held the Guinness World Record for the most expensive video game ever made, with reports suggesting that the Dreamcast classic cost Sega a staggering $70m to develop. It's not just players who are spending more money on video games though, with developers and publishers also investing larger and larger amounts into their titles in the hopes of capturing a larger market share. In 2021, it was valued at around $200 billion an amount that is expected to rise to just shy of $340 billion in the next five years alone. Updated May 21, 2022, by Tom Bowen: With each passing year, the total value of the video game industry continues to rise. While most of these titles do manage to turn a profit, some of the figures involved can be truly mind-blowing and offer a lot of insight into the sheer scale of the games industry as well as how competitive it really is. Over the last decade or so, there has been a huge increase in the number of games costing more than $50m to develop, and that's before marketing and promotional costs are taken into account. RELATED: Consoles That Were More Expensive Than The PS5 & Xbox Series X At Launch (& Consoles That Were Much Cheaper) Some, however, can cost considerably more.
As the capabilities of home consoles and high-end gaming rigs have increased though, so too have development costs, with most modern titles now costing publishers and developers tens of millions of dollars to produce. Back in the late eighties and early nineties, the cost of developing video games was fairly modest when compared to what it is today.
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