Sony Group has decided to invest a record amount in research and development of games in the current financial year. They intend to hold until March 31, 2024. 300 billion yen (about $2.13 billion).
Investments account for approximately 40% of the company’s total R&D expenses. It even surpasses the budget of semiconductors and electronics, according to Nikkei Asia.
Last year, Sony spent 271.1 billion yen on game research and development. A year earlier, it was 144.5 billion yen. Thus, the budget more than doubled in two years.
In the future, the Japanese company intends to become famous not only for excellent single-player stories, but also for service games.. According to the analysis, the games as a service market is expected to be worth up to $19 billion by 2026. For this reason, Sony wants to release up to 12 of these games by March 31, 2026.
Live games as a service (GaaS) will account for 55% of spending this fiscal year. In the fiscal year ending March 2026, this will already be 60% of the budget. This was part of Sony’s effort to break through live service gaming. Acquisition of Bungie Studios. The creators of Destiny are worth $3.7 billion and control the development of all live PlayStation games.
We currently know that GaaS projects include Concord by Firewalk Studios, Fair $ by Haven Studios, Marathon from Banguicollaborative multiplayer action from around the world Horizon or a standalone multiplayer game in the world Last of us. Sony’s online games are designed for different genres, sizes and for different groups of players.
Sony remembers to invest in new virtual reality experienceshe still intends to continue create stories for single player. The goal is to use existing popular brands as well as create new brands.
Source :Indian TV
