What is Fortnite?
Fortnite is an online video game series developed by Epic Games, first released in 2017. Epic’s free-to-play battle royal game Fortnite has reached worldwide phenomenal success since its release.
Back in August 2020, Apple and Google removed Fortnite from the App Store and Play Store for violating their guidelines after the Fortnite developer Epic Games started using its own direct payment system. After the removal, the game left a $1.2 billion opening in the battle royal market on the App Store alone. In May 2020, the game hit $1 billion in lifetime player spending on Google Play and the App Store.
Epic Games – Company Overview
|Headquarter||Cary, North Carolina|
|Platforms||PC, Mobile, Web, AR, VR, Console|
|Number of Employees||3900+|
|Founders||Tim Sweeney, Mark Rein|
|Crunchbase Profile||Profile Link|
Fortnite Player Stats (2022)
+ In April 2022, Fortnite events on Twitch were watched by an average of 98.9 thousand viewers.
+ In 2021, the number of registered Fortnite users was 350 million.
|Registered Fortnite Players|
+ Fortnite announced that the game has 350 million registered players in April 2020. It was 250 million in March 2019. (Fortnite)
+ As of February 2022, Fortnite was #2 most popular game of all time on Twitch, with more than 27.7 billion all time views worldwide.
+ Fortnite players spent over 3.2 billion hours in the game in April 2020. (Fortnite)
Fortnite now has over 350 million registered players! In April, players spent over 3.2 billion hours in game. 🙌🥳— Fortnite (@FortniteGame) May 6, 2020
Let’s keep the party going with our Party Royale Premiere LIVE on May 8 at 9PM ET featuring @DillonFrancis @steveaoki @deadmau5: https://t.co/H18c3UgBL1 pic.twitter.com/Cgt3r7LXQO
+ An average Fortnite player spends $102.42 in the game in 2020, increased by 21% as compared to 2018 data. (LendEDU)
+ Fortnite has ranked #5 in the United States among the top grossing iOS mobile game apps on 13 August 2020 with an estimated daily revenue of $1,446,590. (Think Gaming)
Fortnite Revenue Stats
+ According to documents revealed as part of Epic’s court battle with Apple, Fortnite brought in more than $9 billion total for Epic in 2018 and 2019. (The Verge)
+ PlayStation 4 was the highest source of income from player spending in Fortnite at 47 per cent of all total revenue from March 2018 through July 2020. (PocketGamer)
+ According to Sensor Tower, Fortnite’s total mobile revenue for 2020 was $1.1 billion.
+ Fortnite’s players worldwide spend $44.3 million in the game in April 2020. (SensorTower)
+ In April 2020, average revenue per download was around $7.70. (SensorTower)
Epic Games Revenue Statistics (2022)
+ In April 2022, Epic Games raised $2 billion at a $31.5 billion valuation.
+ In 2020, video game publisher and software developer Epic Games generated approximately 5.1 billion U.S. dollars in gross revenues, up from 4.22 billion U.S. dollars in the previous year. (Statista)
+ Fortnite-maker Epic Games completed a $1 billion funding round valuing the company at $28.7 billion in April 2021.
+ Epic Games acquired Fall Guys maker Tonic Games Group in March 2021.
+ Fortnite maker Epic Games announced in 6 August 2020 that they raised $1.78 billion at a $17.3 billion valuation (VentureBeat)
+ 2020 revenue forecast is to be $5 billion, with $1 billion EBITDA. 2019 revenue was $4.2 billion. (VentureBeat)
+ In July 2020, Sony invested $250 million in Fortnite maker Epic Games (Forbes)