Monday, May 11, 2020

Gaming in the Future


GAMING INDUSTRY REVENUE IN 2019 (SOURCE: SUPERDATA)

Mobile gaming: $64.4 billion
PC gaming: $29.6 billion
Console gaming: $15.4 billion
Game-related videos: $6.5 billion
VR and AR gaming: $6.3 billion

Big tech companies are seizing the moment: Apple, Google and Amazon are all developing gaming products. In the fall of 2019, Apple released Apple Arcade, a game subscription service. Soon after, Google launched Stadia, which allows users to stream major game titles directly from the Cloud rather than fussing with downloads or a physical console. And Amazon — which in 2014 acquired Twitch, the most-popular platform to watch gamers play — is rumored to soon launch its own game-streaming service. These newcomers to the space will contend with gaming mainstays like Sony (Playstation), Nintendo (Switch) and Microsoft (Xbox) for market share.

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