As the foremost provider of entertainment in modern technology, the gaming industry is probably one of the most important sectors in tech.
Over the past few decades, the gaming business has skyrocketed.
Nonetheless, it was the increasing popularity of the internet and mobile devices that was behind the expansion of the gaming business, from tens of billions to hundreds of billions in annual income.
Gaming has also had a lot of success with streaming, which gamers enjoy as well.
The gaming sector is about to make its grand ascent.
A distinctive aspect of gaming is that it’s not just amusing and engrossing, but it’s also open and vast.
Here are some interesting statistics from the gaming industry:
By 2025, the global gaming market is expected to be worth $256.97 billion.
Around the world, there are over 2.7 billion video gamers.
In 2020, the video games market was valued at over $90 billion.
Asia-Pacific generates the most revenue from gaming worldwide.
Approximately $179.7 billion was projected to be generated by the gaming industry in 2020.
In 2021, it is expected that video game profits will reach $180.1 billion.
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