In a global survey, it has been found that the global gaming industry has been booming at an enormous rate and the growth is more in developing countries. Around 2 billion gamers worldwide have been contributing to the growth of the global gaming community. The increasing digitization and a boom in smartphone users have been leading to a jump in the gaming industry in developing countries.
Due to this, there is an increase in plenty of jobs in the video gaming industry at a global level. Developers are introducing interesting games to the world and even teenagers are pursuing a career in the gaming industry. As per the statement of SuperData, $120 billion of revenue was generated by the video gaming industry in 2018. With the innovation in the technology sector, there is a constant innovation due to which gaming companies have been generating interactive games to the world.
People don’t have sufficient time to go outside to entertain themselves and hence they prefer to spend their time playing online video games. Teenagers also prefer to invest their time playing online video games in order to enjoy themselves with their friends. It also gives them an opportunity to make new friends and saves a lot of time as they can play games on their smartphones at their homes only.
The introduction of innovative and highly advanced gaming gadgets has also led to an increase in the demand for video games on a large scale. And by the year 2022, the global revenue in the gaming industry is expected to reach near $200 billion.