Summary
For the first time, indie games are generating as much revenue as AAA and AA titles on Steam. Record-breaking releases like Black Myth: Wukong and Palworld have sold tens of millions of units. The indie market has grown every year since 2020, despite wider industry slowdown.
The market splits into segments: Triple I Indies, Middle Market, Small Teams, and Hobbyists, each with unique trends. Experienced indie developers see better financial success with each release, indicating industry maturation.
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