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this post was submitted on 30 Jan 2026
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Steam revenue in 2023: USD 8.5 bn.
Overall PC gaming revenue that year: 45 bn.
Steam is big but the biggest cash cows are Fortnite, Roblox, and Minecraft. Neither is on Steam.
Also, Microsoft uses their Windows monopoly to ship the Xbox Games store to almost every PC user.
If Steam had a dominating market position, the EU would have classified it as a gate keeper under the Digital Markets Act.
Microsoft also owns Battlenet now
Do people actually consider that a competitor?
I think we'd be foolish to not. From what I can find Blizzard gets over 25 million monthly users really consistently and that's not including the rest of the store. Toss in Minecraft and Microsoft Store and I honestly would be shocked if Microsoft doesn't hold more monthly users than Epic Game Store.
If Steam was as monopolistic as it is claimed by Sweeny, having exclusivity away from Steam would be a death sentence for a game.