Whether it be Xbox or other console gaming or simply mobiles, there is no doubting that the gaming industry is continuing to surge in popularity at present. Console gaming is even slowly being left behind by the likes of mobiles. This also comes as Xbox releases the new Series X/S, which is expected to prove popular. It will offer 1000s of games across 4 generations, with improved texture filtering and much faster loading times.
This is set to be part of what is now one of the fastest growing industries in the world, with online entertainment now more important than ever. That is due to the coronavirus pandemic, which has certainly played a role in the success of the gaming industry this year. But this is only part of it, and we continue to see record numbers now accessing different gaming platforms, from online casinos, to poker and mobile gaming. Also including the ever-popular lottery, with continues to be pushed with promo codes, such as the ones on offer at us-bookies.com. That is helping to enticing players to these platforms.
One of the leading factors behind this continued growth, is down to mobile gaming. There is down to an ease of accessibly, with around 67% of the global population also now owning one. That statistic in itself shows why these numbers for gaming are rising each year.
In just five years’ time, the overall global gaming market is predicted to be worth $260 billion. That means rising from $150 billion in 2019, which further shows the rises we are seeing in recent years and are also expected to see moving forward. Alongside this, there are now so many people investing in the industry, which is likely to lead to this surge moving forward. This also comes at a time that we are seeing the slowest growth in console gaming, since back in 2015. This further shows the shift for mobile gaming over the traditional methods.
There is also some major growth happening in other areas of the world, with China and the Asia-Pacific being one market that is taking over all other
. It is now twice the size of the North American gaming market, which is a staggering statistic in itself. The market is now expected to have risen to $174 billion by next year and continue to be the leading force in the world-wide gaming market."