The gaming industry has grown quite a bit since its humble beginnings in the early 1970s. In fact, according to a recent report by Reuters, the gaming sector is now bigger than ever before, bigger than any other form of entertainment.
Last year, the gaming industry generated an estimated revenue of $152.9 billion, beating TV and TV streaming services’ $140 billion, and that’s as close as the industry wars got. The movie industry only made $42.5 billion in 2019, while the music industry only made $19.1 billion.
In this article, we’ll take a look at how the gaming industry are taking over the entertainment world.
The rise of esports
E-sports is a competitive gaming where highly-skilled gamers play in organized multiplayer matches. These rapidly growing events range from small tournaments played among friend or communities to the highest level of competitions played by fans globally.
The best thing about the esports world is that it can be seen, and it could be seen in every forum that you could possibly imagine. Also, there are tours all over the place, and there are conventions that are made just for this purpose. The esports world is wide open, and you can take it all at any time.
The advent of online casinos
The advent of online casinos has profoundly changed the way people play casino games, and seek entertainment. With a mobile device and an internet connection, it’s much easier for people these days to go online and play a few rounds of their favourite casino games.
Earlier, land-based gambling venues were traditionally the domain of the working man looking to while away a few solitary hours at the card table. As casino gaming moved online, however, it started attracting the younger audience. The reason for this is that the top online casinos like www.winissimo.com started adopting disruptive technologies, which tend to be used commonly amongst younger people.
Gaming on the go
Most of the gaming industry is fleshed out with mobile and tablet gaming, which has become way more accessible to the average player. Also, low spec titles have opened up the gaming world to casual users who may be interested in gaming on a moderately specced tablet. Plus, an increased interest in gaming history has also brought new interest to casino retro games, many of which are played on low spec mobile phones or tablets.
Continued growth in the future
From mobile gaming to power machines, and online casino games to e-sports, gaming exists in so many forms to be consumed. Hence, it has become the most popular form of entertainment in the world. And it will only continue to get a more diverse form in the coming years.As technologies like Virtual Reality and Augmented Reality become more common, games have become more common as well, further increasing the reach of the gaming market. That way, we can expect to see more new stories portraying gaming this way as the video games industry continues to grow and other entertainment industries shrink.
I’m a 20-something stay-at-home mother and wife. I have an amazing husband, a beautiful daughter, two loving dogs, and a lazy cat. I wouldn’t change my life for anything! I love to read, listen to music, cook and blog!
Speak Your Mind