What are the trends in the gaming industry?

Future trends of the Gaming industry

  • The emergence of 5G – future of gaming industry.
  • Mobile games – gaming industry trends.
  • The number of viewers exceeds players.
  • Playing games on the cloud platform – future of video game industry.
  • Augmented Reality (AR) & Virtual Reality (VR) – future of gaming industry.

What is the market for online gaming?

The global digital media market has consistently been growing, with gaming accounting for the biggest share of market revenues. In 2020, the global online gaming market generated approximately 21.1 billion U.S. dollars in revenues, which translates to a record 21.9 percent growth compared to the previous year.

How many people played online games in 2021?

In 2021, there were almost 1.48 billion gamers across Asia, making it the largest market for video gaming worldwide, with Europe coming in second place with a gaming audiences of 715 million. In total, there were an estimated 3.24 billion gamers across the globe.

How big is the gaming industry in 2021?

The Gaming Market was valued at USD 198.40 billion in 2021, and it is expected to reach a value of USD 339.95 billion by 2027, registering a CAGR of 8.94% over 2022-2027.

What is the current market trend of gaming computer?

In 2021, the global online PC gaming market was worth 44.6 billion U.S. dollars and is projected to reach 46.7 billion U.S. dollars in 2026. PC gaming growth is projected to slow in the next few years to do consumer uptake of console gaming.

What is the future of online gaming?

Online games continue to be a robust and profitable business. It has massive revenues and a growing market. In 2021, the gaming industry generated a total revenue of $180.3 billion. With the advancement of technology, many new gaming trends are coming into the market.

Why is online gaming growing?

As technology advanced, the global gaming industry also began to grow and expand with many companies rising to the occasion. By the 1990s, online gaming took root and rapidly gained popularity due to the growing availability of the Internet.

What game has the most monthly players?

In December 2020, Minecraft was the leading PC game title based on number of monthly active users (MAU) worldwide with 16.6 million gamers playing the game during the measured period.

Where is the gaming industry headed?

The video game industry is thriving. New technology and the introduction of a new generation of consoles has led to a boom in the sector. By 2024, Newzoo’s Global Games Market Report 2021 predicts that the games industry will hit $218.7 billion with a sustained growth of 8.7% per year.

How fast is the gaming industry growing?

The video-game industry could be one of the greatest beneficiaries of the pandemic, growing 23% in 2020 from the year prior. Though growth probably won’t be as explosive in future years, research firm Newzoo still predicts that revenue will reach $219 billion by 2024.