Raise the bar: The Future of Video Games Is Bright
Hold up gamers, the future of the video game industry is about to go next level! With consumer demand skyrocketing, technology advancing at an unprecedented rate, and new ways to monetise, experts predict global revenue for games to increase by over 50% in the next five years.
Global video gaming revenue could grow by more than 50% over the next five years
Gaming is taking over as the go-to platform for media and non-media experiences, becoming an everyday part of our lives. But don't worry, there's room for all types of gamers - from hardcore console players to casual mobile gamers. Virtual worlds, or the metaverse, are where it's at and the future of gaming. Don't forget about indie and pixel-art games too.
Developers and publishers, it's time to step up your game as over $240 billion have recently been invested in the industry. This is the moment for game companies to bet big and move to the next level. The gaming industry's growth is being accelerated by the heavy engagement of younger gamers who spend more time in video game environments than any other form of media.
Get ready for a new era of gaming with advancements in technology, virtual and augmented reality and gaming engines. The future is looking bright for the gaming community, let's make the most of it!
Read the full article here.
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