Everything you Need to Know About Game Development Games always act as a lucrative option of entertainment for people belonging to varied age groups all over the globe. The advancement in technology has been highly witnessed in the game development industry. Traditional games have been surpassed to a significant extent by the digital gaming era. Nowadays people are getting more inclined towards online gaming options due to the convenience and excitement that comes along with it. Game development is a vast world including multiple technologies, game genres, gaming solutions and much more.
Growth Patterns & Trends of Gaming Industry ● ●
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As per a market research, the revenue of the game development industry was expected to be $1100.1 million USD by the year 2020. Owing to a sudden economic crisis all over the world due to COVID-19, almost every industry has got impacted but this time,the gaming industry is an exception as this crisis has brought some silver linings & perks for the game development industry. Cancellation of sports leagues and the lockdown has enhanced the count of online gamers all over the world as gaming enthusiasts now find it convenient to get entertained while sitting at home through their desired online gaming option. Global quarantine has enhanced the viewership of online game streaming platforms. The global revenue of video gaming is expected to be $154.6 billion in the year 2021. The video game revenue in the US is expected to reach nearly $230 billion by the year of 2022.