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</html>";s:4:"text";s:20669:"In July 2020, G-Core Labs experts teamed up with Censuswide, a British research agency, to conduct a large-scale research project: “World video games industry 2020–2023: trends, technologies, challenges”. This sector is forecast to grow to just over $1 billion in 2020.Business models in esports closely follow professional sports – though competitions are far more fragmented – with the majority of revenue coming from advertising and broadcasting. Inclusion and accessibility in video games has been on the forefront of the gaming trade dialog for awhile now, and 2020 noticed a rise in video games which strived for extra inclusive illustration and the pattern will proceed into 2021 and past. Gaming is an exciting sector to be in — but certain styles of gaming are taking off more profoundly than others. It’s been seven great years since the original console wars. Top 5 Online Gaming Trends In India In 2020 Although, the industry is in its nascent stage yet the initial stages itself are suggestive of a proper gaming ecosystem under construction Next Article 11 The largest driver of growth across the video game industry is from mobile gamers: More than 2 billion people worldwide now play mobile games. China Gaming Market Update, 1H20 : October 2020 $ 4500 Gaming Chair Market - Growth, Trends, and Forecasts (2020-2025) : January 2021 $ 4250 The Gaming Industry in the Middle East, Turkey, and Africa: A Game-Changer in the Consumer IT Hardware Market : January 2020 $ 4500 Europe Game Camera Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type, Application This resulted in heightened monthly usage and viewership across the gaming landscape in 2020, but some of this activity will taper off in 2021. Interestingly enough, a lot of these blogs are writing about pretty same themes. China Gaming Market Update, 1H20 : October 2020 $ 4500 Gaming Chair Market - Growth, Trends, and Forecasts (2020-2025) : January 2021 $ 4250 The Gaming Industry in the Middle East, Turkey, and Africa: A Game-Changer in the Consumer IT Hardware Market : January 2020 $ 4500 Europe Game Camera Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type, Application And the future of gaming is community. 0 . Each of the trends mentioned above has the potential to take the gambling industry on a level-high into its next stage of transformation for both gamblers and casinos. In 2020, the Global Neurorehabilitation Gaming Systems size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2020-2026.. With the effect of the pandemic, there is a larger audience interested in games. Technavio has been monitoring the gaming chair market and it is poised to grow by USD 95.02 million during 2020-2024. Cloud-Based Gaming. How many digital gamers are there in the US? Analysts predict that the industry will top $180 billion in value when 2020 is all said and done. The year 2020 is set to shape the next decade of gaming, and developments such as these present a new set of challenges and trends for the business. 1. According to the State of Online Gaming 2020 research report, new console-less gaming services are gaining traction. Here are six key trends in the gaming industry to keep an eye on in 2020: Become a member to read more. Download Now. This past decade the gaming industry experienced the cumulative effects of competition. Emily Flippen: It's ... people will spend more time in digital worlds. The gaming industry is reshaping the way that we interact with the world, and it constantly inspires innovation by pushing the boundaries of what’s possible.. According to gaming industry statistics for 2020, immersive gaming, also known as VR gaming, is about 20 times more interesting than traditional games. The Pandemic Drove the Growth of the Mobile Game Industry in 2020 2020 Revenue Statistics Check out some of the most popular breakthrough tech trends expected to impact the world gaming industry extensively in 2020. Currently, most online gaming enthusiasts prefer placing their bets through their smart mobile devices to land-based gambling destinations, such as casinos and bookmakers. The Value of PC Gaming Market Industry in million U.S. dollars (2011-2020) – Newzoo, 2018. It may also find itself stuck in a rut of unoriginality, as companies churn out shameless clones of games which came before. In 2020, the video game industry raked in $158 billion USD on global, digital revenue. The Global Gaming market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Esportz Network is the place to go for the latest global esports news, professional statistics, tournament coverage, and more. Tabletop Games Market 2020 Global Trends, Market Share, Industry Size, Growth, Sales, Opportunities, and Market Forecast to 2026. The Future of the Gaming Industry: Challenges the Next Decade Holds for Casinos. Ruby Arterburn August 11, 2020. Taking into account the fact that the gaming industry changes so fast, we can say with certainty that, in 2020, the world of games will be completely different. Developers have taken advantage of that, and this upward trend is likely to continue in 2021. Mobile Gaming Statistics & trends during 2020 Mobile game industry statistics. Online Gambling Trends in the EU 2020/2021. The state of online gaming industry. Here’s a look at what online gaming behavior & trends mean for those inside and outside the industry. Competition is rising for established players, and some new products and services are starting to find their feet. 2020 saw a … From taboo to mainstream recognition, the Indian online gaming industry is growing at an exponential rate year upon year, and is expected to be worth $1.1 billion by 2021, according to Google-KMPG Gaming sector is seeing a prominent rise in the number of users, revenue, investments, expansion and so on. Cloud technology is improving every day, and now the gaming industry is using cloud technology to make games more accessible. #1 Past Trends of Gambling: Pokies. 3267. Global Gaming Headset Market 2020 by Manufacturers, Type and Application, Forecast to 2025 now available with MarketQuest.biz is a brief evaluation of the market that contains a comprehensive inspection of the current and futuristic market trends and aspects that are performing a substantial role in the market. Gaming usage and viewership of gaming video content (GVC) increased in 2020. According to the latest report, titled “Gaming Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global gaming market reached a value of US$ 167.9 Billion in 2020. Let’s take a look at more statistics and trends to help us understand what to expect from gaming in 2021. But, looking ahead, how does the gaming industry intend to sustain its omnipresent nature? It was an unprecedented year for [insert anything under the sun], and while plenty of tech verticals saw shifts that warped business models and shifted user habits, the gaming industry … Being a technological company, we are curious how technology changes the industry… As part of Video Games: Industry Trends, Monetisation Strategies & Market Size 2020-2025, Juniper theorized that free-to-play games like Fortnite and Call of … As per Statista, the market value of India’s gaming industry was around 90 billion Indian rupees in financial year 2020. This is a marked difference in what was predicted for the industry with 2016 statistics forecasting a total worth of $90.07 Billion for the same period – a huge 76.8% difference between the two figures. Spectrum Gaming Group Oct 11, 2019, 11:10 ET ... has developed its list of Top Trends that the global gaming industry … That said, we can expect new gaming trends to change the face of the industry. Virtual reality trends show that this rapid growth isn’t stopping anytime soon. The arrival of new users has led to growth in the Global Gaming market. This report includes the impact of COVID-19 on online gambling industry. Over the last several years, game subscription services have become quite popular. Jobs for game lovers: Career and trends in the gaming industry The types of jobs you can do in the gaming industry are endless. Mobile Gaming Market Data and Acquisition Research Study with Trends and Opportunities 2019-2024. This past decade the gaming industry experienced the cumulative effects of competition. The latest GDC State of the Game Industry survey has been released highlighting several interesting trends for the year ahead. What is most striking about this technology is that it takes players to a new reality and gives them an immersive experience into the world of gambling. The Profits Are Beyond What Anyone Expected. Linkedin. Key Statistics on Video Gaming Industry – Editor’s Choice • More than 57% of all game developers reside in the US. By Mark Legg. In addition to further insights on consumer spend trends, the report covers a wide-range of must-read topics for anyone in the gaming industry. This means that mobile gaming alone will generate more annual revenue than the 2019 music and film industries combined: the global Box Office revenue was … Statistics and Trends. The most popular platform for gaming in 2020 has turned out to be mobile devices, and it can be explained by a few reasons. In advance of the 2020 Game Developers Conference, GDC organizers have once again surveyed nearly 4,000 game developers to shed light on current and future game industry trends. As 2020 approaches, the gaming landscape that encompasses console, mobile, AR, VR and more will continue to make a dramatic shift. Here’s a look at 10 gaming trends that are accelerating in 2021. Do you work in the Marketing, Media & Advertising industry? ⁃ Mobile Game Industry Statistics . The gaming industry is constantly evolving, and in 2020, it saw one of its greatest growth spurts ever. PC and console games revenue worldwide from 2012 to 2022 – Newzoo, 2018. The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. The global online gambling industry is projected to grow at a CAGR of 11.94%, during the forecast period 2020- 2025. Gaming Industry Insights How COVID-19 has impacted the Gaming Industry. The global gaming market was valued at USD 151.55 billion in 2019 and is expected to reach a value of USD 256.97 billion by 2025, registering a CAGR of 9.17% over the forecast period (2020 – 2025). Although 2020 didn’t see the complete hype that was predicted early in the year, cloud gaming will be a hot topic this year as the gaming industry places all bets on subscription services. From arcade games to console and now smartphones and tablets, the trends are changing and so is the field of game development. A separate part of gaming is esports, which refers to organized, multiplayer video game competitions. Companies like Bigscreen VR and AltspaceVR ( two of the big shots in the industry) are fast progressing into the future of virtual games , faster than many expect. • Revenue from Free to Play games amounts to over 85% of all game revenue. The console wars. Pandemic has accelerated a number of long-term gaming trends Reps from various market research firms and the head of the ESA discuss the shift to … #1: Cross-Platform Gaming As gaming publishers compete to expand their markets on all platforms, one thing has become clear; the easiest way to expand your potential audience is to create games which can be played on a wide range of devices. Global Gaming Headset Market (2020 to 2026) - Industry Analysis, Trends, Market Size, and Forecasts - ResearchAndMarkets.com March 19, 2021 10:54 AM Eastern Daylight Time According to Sensor Tower, in Q3 2019, out of the 792K publishers on both Apple’s App Store and Google Play, 108K of them are game publishers. So, let’s check out the major trends and forecasts (2020-2021) which will have a major impact on the gaming industry: Gaming Industry: 2020-2021 Trends to Look For. Tabletop Games Market 2020-2026 Get 2020 gaming industry sales statistics and video game metadata. 2020 saw demand patterns shift as consumers actively sought alternatives and had the time to try new things. Because gaming is technology-based, it has been changing rapidly, creating a lot of uncertainty over the direction in which the industry is headed. Sales and player activity smash records in the time of COVID-19 With people staying at home, live sports cancelled, and limited entertainment options, the Gaming industry is thriving. The global cloud gaming addressable market size is predicted to reach USD 56.57 billion by 2027, exhibiting a CAGR of 15.7%. Newzoo estimated that by the end of 2020, mobile game revenues will hit $76.7 billion, which is a 12 percent increase from 2019.. 2020 saw massive growth in esports and gaming, and as the growth continues fans should watch out for the top 5 industry trends that will take over 2021. 6 Google Trends, Global, Feb. 2020–March 2020. That said, investors should keep gaming-focused ETFs … Gaming consoles are set to make a comeback. These cookies are used to improve your experience and provide more personalized services to you, both on this website and through other media. By examining the industry’s trends and adopting them, developers can take advantage of this opportunity to increase their market share. Physical sales, however, were only $14.9 billion USD. Gaming-as-a-Service (GaaS) or cloud gaming is one of the technological trends taking the global gaming industry by storm. Something equivalent of Netflix or Amazon Prime, where you have thousands of games from different publishers. With the 2010s decade in our rearview mirror, the gaming industry experienced considerable changes. The Future of the Gaming Industry: Challenges the Next Decade Holds for Casinos. Growth Trends for the Next Few Years. ... 2020. For the purpose of this study, Grand View Research has segmented the global online gambling market report based on … Cloud Gaming Market Size, Share, Industry Analysis, Global Trends and Regional Forecast, 2020-2027. The ESA’s 2020 Essential Facts About the Video Game Industry answers frequently asked questions like who plays video games, why do people play video games and how and when do people play?. 2019 has been a great year in terms of games. But we expect some of this growth will taper off in 2021. Just look at Pokémon Go and Fortnite, the two biggest game sensations of the past five years. Trends change every year and analytical data shows that the industry is going to new horizons soon. NEW YORK, April 23, 2021 /PRNewswire/ -- . The gains of video games By. Cloud Gaming. Revealed: How Covid-19 impacted the gaming trends, industry. Both commercially and technically, the industry has surpassed every benchmark. The Millennial generation (at the widest range, those born between 1976-2004) has less interest in slots and table games and is more ... Comprehensive Gaming Industry Analysis: State of … Here are 7 of the most important gaming trends impacting the industry of 2021. Here are six key gaming trends in 2020 … Mobile Games – 51% Console Games – 25% PC Games – 24%. According to the latest report by IMARC Group, titled “Virtual Reality Gaming Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global virtual reality gaming market reached a value of nearly US$ 13 Billion in 2019.Virtual reality (VR) refers to an immersive technology that has completely revolutionized the gaming industry. It’s no secret anymore that gaming, or esports, is big business and that trend should continue in 2020. Cloud gaming service. Aided by the growth of digital infrastructure, digital media adoption accelerated. Ad and marketing intelligence platform SocialPeta has shared an update on the state of the mobile gaming market: Fiona Long, SocialPeta. From game conceptualization, development, coding, designing and professional training, there is something for every game lover who is … WhatsApp. Let’s take a look at some of the games' trends that will define the mobile gaming market in 2020. 50 Years of Gaming History, by Revenue Stream (1970-2020) View a more detailed version of the above by clicking here. This was estimated to go up to over 143 billion rupees by 2022. The gaming industry has seen most of its profits in PC gaming with 53% of game developers focusing on creating games for PC. Video games impact people’s lives in meaningful ways beyond the intrinsic joy of play. Now, as the New Year begins, the industry is primed for another autopsy. Below are some patterns you can expect to see in the EU sector in 2021. Threats facing the cybersecurity industry in 2020. The latest research report on Gaming Consoles Market was conducted across a variety of industries in various regions to provide a report that has data surpassing 100+ pages (Based on 2020 … This is a pretty standard reaction to uncertainty. The Global Gaming market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. Industry estimates value the global video gaming market at 174.9 billion U.S. dollars in 2020, representing a 19.6 percent YoY growth. Gaming Trends Destined to Change the Industry. Just as they do in good video games, greater challenges will bring greater rewards. The global online gambling industry is projected to grow at a CAGR of 11.94%, during the forecast period 2020- 2025. In its 2020 Digital media trends survey, Deloitte found that during 2020, a third of consumers subscribed to a video gaming service used a cloud gaming service, or viewed a virtual sporting (e-sports) event for the first time. Looking ahead to 2020, here’s some of the key trends to watch in the gaming industry. DUBLIN, April 17, 2020 /PRNewswire/ -- The "Global Gaming Industry: Growth, Trends and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.. Gaming Chair Market will register a growth rate of 5.5% for the forecast period of 2020 to 2027. These include provisions in place for faster streaming, widespread subscription services within gaming, and greater inclusivity in gaming content and the game developers, as well as a rise in console and desktop games moving to mobile. The gaming industry has no shortage of people declaring a golden age, or others raving about the signs of a gaming apocalypse. Gaming Peripherals Market 2020 Global Trends, Market Share, Industry Size, Growth, Sales, Opportunities, and Market Forecast to 2026 Looking ahead to 2020, here’s some of the key trends to watch in the gaming industry. The gaming industry is witnessing a shift in trends. Gaming is among the success stories of 2020 and, while many of our personal circumstances have helped to boost revenues, innovation is another decisive factor. AAA Mobile Gaming Experiences Are on the Rise. Now mobile games account for 57% of all industry revenue. Share on Facebook Share on Twitter. This advanced technology certainly helps the gaming industry 2020 to bring something new and innovative in the market and seek the best possible outcome in the future. The 2020 video game trends highlight the many launches that were done in anticipation of the new PlayStation and Xbox consoles that made their debut, as well as a wide range of gamer accessories, furniture, and even fashion launches. Cryptocurrencies will continue to dominate the gambling industry, with many online platforms accepting the crypto this year. Gaming Trends 2021: 6 Trends that Will Rule the Industry in 2021 The gaming industry in today’s date is a global giant that continues to grow rapidly with each trend and innovation. A look at the gaming industry amidst social distancing and quarantines. For example, the latest estimate from Newzoo suggests the global game sector was worth $175 billion in 2020, up 20 per cent from its initial prediction for the year. Such type of gaming has the … Growth in the gaming industry is expected to create new opportunity for the market. In-line with the age of digitalization, the mobile gaming industry is growing at an exponential rate. This shouldn’t come as a surprise as more and more people turn to mobile gaming compared to other gaming forms. This was estimated to go up to over 143 billion rupees by 2022. 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