How Many Sim Racers Exist Around the World?
A recent article at rightstuffracing.com attempted to answer the question of just how many sim racers exist worldwide. Let’s break down what they shared to see what’s really happening in the world of sim racing. What Makes a Sim Racer? According to the article, a “sim racer” is defined as anyone playing simulator racing games with a physical steering wheel and pedals setup.
A Growing Hobby
The pandemic sim racing boom has caused the sim hardware global revenue to grow from and estimated $334 million in 2017 to a projected $678 million in 2024.
Estimating the Size of the Global Sim Racing Community
So, how do you quantify the number of sim racers in 2024? Right Stuff Racing dug into the cumulative sales of sim racing hardware from 2017 to 2024, assuming each player drops about USD 1,000 on gear. They factored in a 10% annual churn rate—because not everyone sticks around. The total sim hardware market value from 2017 to 2024 is estimated at 4.491 billion.
Based on the $1000 average spend, RSR estimates that there are ~ 2 to 2.5 million sim racers using steering wheels and pedal setups in 2024. Comment below and let us know what you think! Does this breakdown seem reasonable? To read the entire breakdown check out the full article — 2024 Sim Racing Hardware & Player Statistics
