Future of Gaming: How Industry Changes Amid Pandemic

May 20, 2020

Some business sectors appeared to be more resilient to all dramatic changes taken place in 2020 so far. The makings of a $120 billion gaming industry were officially set in motion. Moreover, the industry is expected to reach a CAGR of 12% during the forecasted period 2020-2025.

Gaming is drawing in more and more rivals, from Amazon to Apple, who recently acquired NextVR, a VR streaming startup specializing in creating virtual experiences for live events.

The numbers of gaming demographics show that over 4 in 10 internet users are gamers, described as those who have an interest in gaming and who play games on any device. Men prevail in the statistics, with 63% compared to 37% of females.

Rise of e-sports, spreading of VR, and growth of global internet engagement are the major drivers in the industry in 2020.

If you are interested in the topic, follow the link and read the full article about the perspectives of the gaming industry in 2020 and beyond – https://innovecs.com/blog/future-of-gaming/

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