Valve's Steam Store breaks all-time highs with 28 million users (2024)

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the record-breaking number of users on Steam yesterday

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The Valve-owned game store Steam has been around since 2003 as a staple in the PC gaming community. Over the years, Steam has grown its userbase of loyal AAA gamers and indie fans alike with well over 50,000 games on its marketplace. Yesterday, millions of gamers logged onto the platform simultaneously and Steam hit a new all-time high of 27,942,036 concurrent users.

Steam’s concurrent user average has increased by 10 million since the pandemic started, which is exponential growth considering that the store had previously idled between the 13-19 million mark for nearly four years.

As of last year, Steam has more than 120 million monthly active users — a massive figure compared to Epic Games’s 56 million. It’s crazy to think about how popular Steam has become, but there are plenty of good reasons for the platform’s growing fanfare.

Why Steam? — Many gamers prefer Steam’s UI and find it to be faster and less buggy than competitors’ stores and launch clients. For example, Electronic Arts’ immensely popular battle royale shooter Apex Legends was added to Steam in November 2020, relieving frustrated players everywhere who had been dying to use anything but EA’s Origin client. Apex Legends maintains a large playerbase, and it’s still in the top ten most popular games to watch on Twitch and is the #5 most-played game on Steam.

Steam’s abundance — Steam added over 10,000 games to its store in just one year (2020). Those are insane numbers, so it only makes sense that so much abundance and variety would attract a huge number of gamers. With Steam’s total library of over 50,000, there’s guaranteed to be something for everyone. From AAA shooters like CS:GO to MMORPGs like Ark: Survival Evolved, Steam is home to many iconic titles, and players are hooked.

Epic on the rise — While some might balk at Epic’s significantly smaller userbase, which is about 50% smaller than Steam’s, it’s actually overachieved when you consider the small number of games on the Epic Games Store. While Steam has over 50,000 games, Epic has around 650.

Comparing Steam and Epic’s game stores might not exactly be fair. But Epic’s store has immense growth potential, as the company plans to launch a self-publishing tool for game developers and is looking to “onboar[d] more developers” in the future.

Epic’s “Project Moonshot” details a plan to get its store to surpass Steam’s and make up more than 50% of all PC gaming revenue in the next two years. That’s certainly an ambitious goal, but as Protocol speculated back in August, it’s more likely that Epic will have to spend “years of steady investment to come close to Valve’s userbase.”

Valve's Steam Store breaks all-time highs with 28 million users (2024)

FAQs

Valve's Steam Store breaks all-time highs with 28 million users? ›

Over the years, Steam has grown its userbase of loyal AAA gamers and indie fans alike with well over 50,000 games on its marketplace. Yesterday, millions of gamers logged onto the platform simultaneously and Steam hit a new all-time high of 27,942,036 concurrent users.

How much does valve take from Steam market? ›

Valve also charges a "Steam Fee", which is 5% of the user's set item sell value, and in some cases, a "game-specific fee", which is determined by the game developer and is applied along with the Steam fee.

Is Steam still the biggest? ›

The biggest and still the best, Steam offers both the widest range of games and the best suite of features of any of the available launchers.

How many people use Steam store? ›

According to the latest data, there are 132 million monthly active users on Steam.

How much money does Valve make per employee? ›

Based on the GameDiscoverCo newsletter and the details provided, we can finally see that in 2018, Valve was making at least $780,400 in net income per employee, while Apple made $476,160 per employee.

How much does Valve make a day? ›

Anomaly estimated that between May 2021 and January 2023, a total of 458 million cases were opened by players. Divided across 641 individual days, that works out to 714,509 cases per day. Given that a case costs $2.50 to open, that means Valve are raking in up to $1,786,271.45 every day.

How much is Valve worth in 2024? ›

Net Worth Summary

Valve was valued at $6.9 billion in March 2024 based on Bloomberg calculations and discussions with Michael Pachter, a Los Angeles-based analyst at Wedbush Securities. Valve consists of Steam as well as software publishing and free-to-play divisions.

Is Steam big in China? ›

Chinese users flocked to the platform—a 2018 estimate pegged Steam's China player base at 30 million, one-third of its global total.

Is Xbox bigger than Steam? ›

Steam's gaming platform has 33 million peak concurrent players worldwide as of 2023. Now that's just active concurrent players, that means more people are on line at a single time then the total Xbox sales and nearly the PlayStation sales.

Is Steam big in Japan? ›

PC gaming has been becoming bigger and bigger in Japan in recent years, and the most recent statistics from Steam seem to support the trend. According to Steam's own “Hardware & Software Survey”, the percentage of Japanese-speaking users reached 2.82% in June 2023.

What company owns Steam? ›

Steam is a video game digital distribution service and storefront developed by Valve Corporation.

What is the gender ratio of Steam users? ›

As of December 2023, some 68 percent of adult Steam users in the U.S. were male.

What is the average age of Steam users? ›

Steam Users by Age

There are an estimated 120 million active users on Steam. The largest age group on Steam is 20-29, representing 37% of the userbase. The second-largest age group is 30-29, representing 32% of the userbase. 40-49 is the third-largest group, making up 15% of users.

How many developers does Valve have? ›

Today, Valve is composed of over 300 of the industry's best artists, programmers, and writers. In the company's history, it has risen from "unlikely new entry" to industry leader, producing a string of best-selling and critically-acclaimed PC products and technologies.

How many Steam accounts are there? ›

There Are Over 1 Billion Steam Accounts, But That Doesn't Mean Much. AMD isn't the only company with a milestone to celebrate today. More than 1 billion Steam accounts have been created, too, according to Steam ID Finder and reported by PC Gamer.

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