The gaming landscape has changed a lot in recent years. Exclusive releases, adaptability for mobile devices and a number of other differences made players look for entertainment in this type of activity. This, in turn, has led to a staggering increase in revenue for the gaming industry.
Brazil, recognized as the largest e-gaming market in Latin America, has a huge audience of streaming esports programs as well as players in this new sport. In addition, sites like bet10.com offer a platform full of up-to-date information for anyone who wants to learn more about the eSports betting business or other sports.
All of these factors have helped boost the popularity of e-gaming in Brazil and globally, but they are not the only ones responsible for revenues forecast to reach unprecedented levels during 2022 and early 2023 as well.
Over $200 billion
According to Forbes, during 2022 and early 2023, the global gaming market will reach approximately $200 billion in revenue. After hitting $175.8 billion in 2021, experts expect new developments in the gaming industry to push the numbers even higher this year. year.
The database of electronic game players is approaching 2.9 billion worldwide. Latin America, led by Brazil, is the third largest region in terms of the number of players. The leader of this ranking is Asia, followed by Europe. The region with the fewest video game players is Oceania.
Some gaming features and improvements over the past few years have attracted even more gamers, such as the mobile adaptation that has made more people play their favorite games on both their computers and their smartphones.
Industry focuses on mobile experience
According to a study published by Pesquisa Games Brasil, approximately 50% of gamers prefer to use their smartphones. This is very consistent with the ease of use of mobile devices today and with the fact that the player holds his mobile phone or tablet in his hand for most of the day.
Thus, both in line at the bank and during a break from work, he can use his free time for gambling. In the case of casual games, being able to pause the game and play again whenever possible is a great differentiator and draws a lot of people into the mobile experience.
A survey published by CNN showed that 3 out of 4 Brazilians use electronic games. This helps give an idea of how big this industry is and provides a framework for anyone who wants to understand what the growth projections for this market are over the next few years.
How to Prepare for the New Gaming Market
For those who love to play online games, the best way to prepare is to try the latest releases. Being up to date with the news and knowing a little more about the main modalities that are part of the world of e-sports is also a big difference.
Whether you are an enthusiast or a casual player, it never hurts to read the news and information about this market. In addition to getting information about new games, you can find out how companies are investing to provide new experiences for their players, and what the future of this huge industry will be like.
Source: The Clutch
