What will be the future of gaming?

What will be the future of gaming?

The 2021 global games market will generate revenues of $175.8 billion and is projected to exceed $200 billion by the end of 2023, according to a report by Newzoo (via VentureBeat). More than half of these revenues will come from mobile gaming, the largest segment of the market.

Will consoles be obsolete?

Since most game consoles have a lifespan of 6.5 years, the new consoles released next year will remain in the marketplace “until at least the 2026-2027 time frame,” Meloni said.

Will phones replace consoles?

Surprisingly, no. Even when you consider the fact that mobile gaming sales continue to grow significantly and the revenue of console and PC gaming continues to decline, mobile games will not be replacing PC and console gaming to the point that they become obsolete. This is an indisputable fact.

Does gaming have a future in India?

This number is expected to reach 510 million by FY 2022. So, it is quite evident that online gaming has great potential in India. Moreover, the online gaming industry in India is expected to reach $2.8 billion by 2022 (as per a Deloitte India report).

How big is the global gaming market?

The global gaming market size is expected to gain momentum by reaching USD 545.98 billion by 2028 while exhibiting a CAGR of 13.20% between 2021 and 2028. In its report titled “Gaming Market Size, Share & Forecast 2021-2028”, Fortune Business Insights mentions that the market stood at USD 203.12 billion in 2020.

How much does gaming industry grow?

Gaming market revenue is well-positioned due to the massive bump in monthly digital gamers—last year consumers spent a massive $44 billion in gaming software and services. But this growth won’t last too long, as monthly digital gamers are expected to increase by just 1.1% in 2021.

Will there be a tenth generation of consoles?

It was the first Console Generation in which multiple main consoles were developed by companies that shared a Parent Company, in this case, Nintendo. The Tenth Generation includes consoles made by Gear Games and Creative Game Co. The console is planned to be released at some time in 2022 with 4 bundles available.

Who sold more next-gen consoles?

During the third quarter of 2021, the research firm estimates that global console sales across Sony, Microsoft, and Nintendo reached 9.1 million units, with the Nintendo Switch slightly outselling the PS5 (3.91 million Switch units compared to 3.42 PS5 units).

Will mobile gaming take over?

A new report from reputable games and esports analytics firm Newzoo reveals that mobile gaming revenue will have taken over 50% of the global games market in 2018. This means that, for the first time, mobile gaming revenue has beaten both PC and console gaming combined.

Do people still play fortnite?

With more than 80.4 million Fortnite monthly active users and up to 4 million concurrent players every day, Fortnite is the most popular battle royale game in 2021. With the massive cumulative tournament prize pool of $7.88 million in 2020, Fortnite is the third leading eSports game in the world.

What makes the future game 2050 unique?

The roles are inspired by trends and developments we already see today enriched by sci-fi and creative elements. The Future Game 2050 triggers conversations about the future and helps to create your own future scenarios and stories.

What do you think is the future of console gaming?

THAT is the future of console gaming I think. We’ll never see only PC games/smartphone games/etc but we won’t always have dedicated boxes next to our TV’s, at least I don’t think so. The future is being set with both Sony and Microsoft in this regard, and you can almost be sure this type of thing will be the future.

Will console gaming eventually overtake PC gaming?

Some think that PC gaming will eventually overtake it and eliminate it. Some think that there are too many bad games (shovel ware) and that console gaming will kill itself. Some rumor that console gaming will be good forever and, even with change, will never go away.

Who are the creators of the future game?

The creators & authors of The Future Game Felix M. Wieduwilt Tech-Philosopher & Author felix (at) futur.io Friederike Riemer Future Scientist friederike (at) futur.io Do you want to start some futures? Request a workshop or buy the game.