Many game developers will earn salaries when they work for larger production studios, while others are earning money by doing side hustles to support their game development.
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Licensed video games are a great way of getting into the industry and making a name for yourself. And they pay you up front in a lot of cases! You can also sell game templates and other assets on digital storefronts. But we’ll touch more on that later.
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Game Developer Salary by Years of Experience
The average salary for a Game Developer with 7+ years of experience is $123,343. The average salary for <1 year of experience is $132,500.
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Video game designer salaries range from $50,000 (entry-level jobs) to $100,000+ per year (senior/lead designers). And some companies pay their game designers even more – a lot more. With a salary range that wide, how is designer pay determined? What is this?
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It is possible to become a millionaire indie game developer, just as it is possible to become a millionaire actor, athlete, or musician. However, most people who go into these fields never manage to turn it into a long-time career, and most of those who do earn only a middle-class salary.
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The highest-grossing video game of all time is Dungeon Fighter Online, which has grossed $20 billion worldwide (mostly in Asia) as of 2022. It surpassed the records held by Pac-Man and Space Invaders, which were the highest-grossing video games since the 1980s.
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Top 10 richest video game developers in the world in 2019
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As previously stated, there is a great demand for video game developers. This industry’s reach is ever-evolving. With the rise in online engagement, game developers are finding work in many non-game companies where they are creating content as part of ad campaigns, films, or television series.
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Becoming a game designer is just as hard as getting into any other career, but with added competition and the need to be constantly fresh and relevant. However, by applying yourself and keeping your long-term goals in mind, it can be a rewarding and fulfilling career as easy to progress through as anything.
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Typically, individuals looking to become video game developers should achieve at least a bachelor’s degree in software engineering, or a related field.
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Like any job, game developers face a variety of stressful situations that are balanced with hard-earned rewards.
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Video game development is typically seen as a highly coveted career, especially for those with an established love of video games. Let’s take a look at some of the educational recommendations and skills you can build that could make you more competitive in your job search.
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According to VG Insights, only 15% of all solo game developers take home more than $100,000 annually. VG Insights also reported that only the top 5% of indie games released each year make over half a million dollars each, and the average game only makes $13,000.
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Can you make a video game for free? Absolutely you can. In fact, with GameMaker, you can have your first game made for free in under 30 minutes. GameMaker is also free to download and keep forever, so once you’re feeling confident, you can start making your own games from scratch without paying a penny.
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There are many games and apps that pay you real money when you play them, such as the following:
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Yes, it’s possible to get paid for playing video games. One of the most lucrative opportunities to make money playing games is being a popular streamer or content creator, but you don’t need millions of fans to start making money.
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As a game developer, you will need strong mathematical skills. You must be familiar with linear algebra, calculus, geometry, trigonometry, statistics, etc. Games are complex systems that require a lot of mathematical calculations.
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As a result of their high salaries, game developers are in high demand all over the world. Many people, particularly gamers, find the career path of game development appealing.
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70% of all indie games are commercial failures. Of the 30% that are considered successful, only 7% of those games will generate enough revenue to fund a second project.
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Does the gaming industry pay well? Yes, the gaming industry pays quite well compared to other industries. The highest-paying video game jobs are designers, quality assurance testers, and developers. They earn between $101,000 and $130,000 per year.
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How to Become a Video Game Designer. Video game designers often need a bachelor’s degree to enter the field, which takes four years of full-time study. Employers may prefer professionals with coding experience. In some cases, aspiring designers may substitute a degree for coding skills learned through a bootcamp.
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Key skills for video game developers
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Sid Meier. This list wouldn’t be complete without the man considered to be the founding father of American computer games. Sid Meier has been in the game creation business for nearly 30 years, and in that time he has developed some of the best and most successful computer games of all time.
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