Gaming Development Across The Globe

Gaming Development Across The Globe

Gaming has taken a center stage in the world in the last years. This is mostly because of the proliferation of the internet that has made online games very easy to access and enjoy. Lots of new things keep happening in the world of online gaming, and we are bringing you the recent statistics about the gaming developments across the globe.

Gaming Development Across The Globe

The general trends when it comes to gaming development across the globe shows that the turnover of online gambling as a market in the last 10 years has tripled. In 2015, the figures got to a record high of $15.87 billion as stated by the Global Betting and Gaming Consultants (GBGC), which is the body that has the authority to engage in gaming research. When the gambling markets were evaluated completely, it was discovered that the figures will grow even more in 2016-2017. Because of this, the projection for the expected revenue by the year 2020 stands at about $21 billion or more. The statistics also show that this increase has always been carried by the betting industry. It is the most famous amongst all forms of gambling, and it recorded 47% out of the entire revenues when compared to other sectors.  Other areas within the gambling world have also increased. But the sectors that had the least increase are the online poker and lotteries sectors. They had 13.4% (2015) and 23.2% (2015) markets shares respectively.

Other essentials of gaming development in the world

However, the information given out b Newzoo seems to be a bit different from what is given above. You can visit the site given here if you wish to see more about games. The news that came out from Newzoo posited that in 2017, $108.9 billion will be generated from gaming. With this, it has confirmed a $7.8 billion increase in what it was last year. According to this news outlet, $94.4 billion will be from Digital game revenues and $46.1 billion will be made from mobile gaming with tablets and smartphones.  The two aforementioned sectors claim 87% and 42% of the markets respectively. Other areas are console and PC games that are expected to generate $33.5 billion and $29.4 billion respectively. It is also reported that more than half of the entire markets will be taken by mobile gaming by 2020.

When it comes to regions, China is looking to generate $27.5 billion or one-quarter of the entire revenues that are being expected for the year 2017. The least of revenues will come from the Asia Pacific.

A good look at the gaming development in the world also shows that there is a huge reduction in the revenue accruing from boxed PC and downloaded games. Since 2015, there has been a massive drop in the PC browser games. This is because gamers took to mobile devices and tablets for their gaming experience. This was why Facebook gaming reduced drastically in 2011. The revenue that Zynga makes from PC games also saw a dip of up to 30%.

See Also
Untitled design (14)

According to Newzoo, it comes out with these forecasts and measurements by projecting the game numbers and the revenues per region, screen, and segment. It does this on a country, regional, and global level, to arrive at its statistics.

 

 

What's Your Reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

COPYRIGHT 2022 WHATUTALKINGBOUTWILLIS.COM. ALL RIGHTS RESERVED.

Scroll To Top