Do I ship it?

GamesVisual NovelVisual Novel + Horror

Specimen · observed

Should I ship a Horror Visual Novel?

Visual Novel + Horror

Of 479 developers who shipped a Horror Visual Novel in the last 2 years: 3 in 10 made under est. revenue: est. copies × today's US list price; gross, before Steam's cut, taxes and refunds. See method., the middle one made est. revenue: est. copies × today's US list price; gross, before Steam's cut, taxes and refunds. See method., 1 in 4 cleared est. revenue: est. copies × today's US list price; gross, before Steam's cut, taxes and refunds. See method., 1 in 20 cleared est. revenue: est. copies × today's US list price; gross, before Steam's cut, taxes and refunds. See method.. 626 more are announced, ×2.3 for every developer who shipped in the last year.

Verdict: poor odds, for a 4 / 10 build.

The middle developer here made $2.7k, ×5.7 the market's $480 for a 4 / 10 build, and 3 in 10 made under $630; 1 in 20 cleared $320k, ×677 the market median. Revenue is flat on the market; 626 games are announced against 276 developers who shipped in the last year.

Deciding numbers: median 5.7 times the market baseline, revenue flat on the market, 626 announced, ×2.3 per developer who shipped in the last year.
Nobody has said they are building this yet.
Visual Novel + Horror
Fig. 1 · this niche among 16,100
Plate 1 · outcomes, 2 yr n = 479
Median est. gross by half-year cohort, 2023 H1 to 2026 H2: $5.8k → $11k → $5.1k → $3.9k → $3.6k → $2.7k → $1.3k (still earning) → $2.7k (still earning)
The last cohort is still earning.
Outcomes for Visual Novel + Horror: Plate 1 · outcomes, 2 yr, n = 479
Bottom 30% $628 (exactly $628)
Median $2.7k (exactly $2,695)
Top 25% $17k (exactly $17,083)
Top 5% $322k (exactly $321,536)
Developers, 2 yr 479
Released games 1,618
Announced 626
Effort 4 / 10
AI-buildability Medium
Typical price $5.99

momentum: how a niche's revenue percentiles and developer count moved between two equal, adjacent periods, divided by the market's own move. See method., 12 months: revenue flat on the market, supply 20% more developers than the period before.

Free games: 18%, excluded from money figures.

See every window in the explorer →

Plate 2 · systems and tooling

Can AI deliver it?

AI-buildability for this niche is medium: the lowest rating among its tags.

Visual Novel
effort 2 / 10 · high · script, choices and static art
Horror
effort 4 / 10 · medium · effort 4 sits in the medium band

How the rubric works →

Plate 3 · the cost side

What it takes

Effort
4 / 10 · mid 2D, writing-heavy, or simple 3D
Systems
Visual Novel; 5 in 10 of the top 25% also carry Adventure, Choices Matter, Multiple Endings
Price point
$5.99 typical · top 25% priced $14.99 or above
Art
4 in 10 of the top 25% ship with Story Rich, 2D, Anime
Plate 4 · demand

Why players buy here

The top 25% priced at $14.99 or above; the middle game at $5.99.

The top 10 games average 88% positive over 56,301 reviews.

Plate 5 · the loss side

What kills games here

Developer outcomes in the last 2 years by share: 3 in 10 under $630, median $2.7k, 1 in 4 over $17k, 1 in 20 over $320k.

3 in 10 developers made under $630. 7 in 10 of the 300 games released 1 to 2 years ago have fewer than 100 reviews. 626 games are announced against 276 developers who shipped in the last year, ×2.3 per shipper.

Plate 6 · same mechanic, other settings

Adjacent niches

Visual Novel with a different setting or mood, ranked by verdict then median.

  1. + FMVStrong odds166 devs · median $54k · 146 announced
  2. + City BuilderStrong odds10 devs · median $19k · 8 announced
  3. + MusicStrong odds27 devs · median $18k · 24 announced
  4. + TrainsStrong odds12 devs · median $8.0k · 5 announced
  5. + Souls-likeFair25 devs · median $27k · 17 announced
  6. + MinigamesFair20 devs · median $22k · 19 announced
  7. + RhythmFair38 devs · median $18k · 52 announced
  8. + JRPGFair219 devs · median $13k · 265 announced
  9. + Immersive SimFair399 devs · median $7.8k · 453 announced
  10. + SwordplayFair13 devs · median $5.7k · 10 announced
  11. + GamblingFair16 devs · median $5.7k · 12 announced
  12. + DiplomacyFair16 devs · median $5.4k · 19 announced

All 188 pairs on the Visual Novel page

Plate 7 · comparable specimens, by est. revenue

Comparable games

Capsule Game Released Price Reviews Est. copies Est. revenue Developer
The Walking Dead: The Telltale Definitive Series older $49.99 36,594 96% 1.1M $55M (exactly $54,880,022) Skybound Games
Lobotomy Corporation | Monster Management Simulation older $24.99 52,522 94% 1.6M $39M (exactly $39,375,743) ProjectMoon
Library Of Ruina older $29.99 40,605 94% 1.2M $37M (exactly $36,532,318) ProjectMoon
Senren*Banka older $34.99 33,721 98% 1.0M $35M (exactly $35,396,934) YUZUSOFT
What Remains of Edith Finch older $19.99 47,036 95% 1.4M $28M (exactly $28,207,489) Giant Sparrow
Danganronpa V3: Killing Harmony older $39.99 21,978 82% 659k $26M (exactly $26,367,007) Spike Chunsoft Co., Ltd.
The Walking Dead older $14.99 53,650 97% 1.6M $24M (exactly $24,126,405) Telltale Games
STEINS;GATE older $29.99 25,289 97% 759k $23M (exactly $22,752,513) MAGES. Inc.
Danganronpa: Trigger Happy Havoc older $19.99 36,194 96% 1.1M $22M (exactly $21,705,542) Spike Chunsoft Co., Ltd., Abstraction G… (Spike Chunsoft Co., Ltd., Abstraction Games)
Danganronpa 2: Goodbye Despair older $19.99 30,961 95% 929k $19M (exactly $18,567,312) Spike Chunsoft Co., Ltd., Abstraction G… (Spike Chunsoft Co., Ltd., Abstraction Games)
Tiny Bunny $10.99 27,200 83% 816k $9.0M (exactly $8,967,840) Saikono, Sokar
Homicipher $13.99 7,821 96% 235k $3.3M (exactly $3,282,474) 八名木Games
Urban Myth Dissolution Center $17.99 5,930 88% 178k $3.2M (exactly $3,200,421) Hakababunko
The Incident at Galley House $19.99 4,087 94% 123k $2.5M (exactly $2,450,974) William Rous, Evil Trout Inc.
PARANORMASIGHT: The Mermaid's Curse $24.99 2,169 95% 65k $1.6M (exactly $1,626,099) Square Enix
Five Hearts Under One Roof season2 $22.99 2,149 96% 64k $1.5M (exactly $1,482,165) Storytaco
Quickie: A Love Hotel Story $19.99 2,081 95% 62k $1.2M (exactly $1,247,976) Oppai Games
Cabernet $19.99 2,025 94% 61k $1.2M (exactly $1,214,392) Party for Introverts
Forbidden Solitaire $15.99 2,245 96% 67k $1.1M (exactly $1,076,926) Grey Alien Games, Night Signal Entertai… (Grey Alien Games, Night Signal Entertainment)
STEINS;GATE RE:BOOT $59.99 594 88% 18k $1.1M (exactly $1,069,022) MAGES. Inc.

Estimates: copies = reviews × 30, gross = copies × list price.