Steam's 2024 Growth: 1.7 Million New Users Spend $93 Million in Just Over a Year

Valve's 2024 Year in Review highlights record-breaking platform growth, increased revenue from new releases, and opportunities for first-time developers worldwide.

Steam welcomed 1.7 million new users in 2023, who collectively spent $93 million on premium games, DLC, and in-game transactions by early 2025.
These new users logged over 141 million hours of playtime across various games, showcasing strong retention and engagement on the platform.
Revenue from newly released games reached record highs in 2024, with over 500 titles grossing $250,000 in their first month and more than 200 surpassing $1 million.
Valve's efforts in global outreach and self-publishing tools enabled first-time developers, like Malaysia's OPNeon and the Philippines' Polychroma Games, to achieve worldwide success.
The Steam Deck saw a 64% increase in playtime compared to 2023, contributing 330 million hours of gameplay in 2024 alone.