5 Awesome Facts About Gaming

The massive popularity and financial benefits of video games have prompted many people to start playing games as a full-time career. The advent of streaming platforms like Twitch and Afreeca has redefined the gaming experience for millions. That said, here are some great facts about games that every player should know:

1. Cloud games are the future of games

The advent of cloud games has redefined video game trends around the world. Cloud games involve the use of remote servers to play video games. This means that players do not have to download and install games on their game consoles. All you need is the best internet connection as what Spectrum cable company

offers to play games offered by streaming facilities.

The widespread popularity of cloud games has prompted gaming studios to develop cloud game solutions. EA, which is the maker of games like FIFA, has been testing cloud game solutions for some time. Cloud games offer multiple benefits such as remote access and cost effectiveness. Players no longer have to pay for expensive games. Instead, they simply pay to stop the service and play their favorite games anywhere and everywhere.

2. The gambling industry is worth billions of dollars

There is no denying that the gambling industry is one of the largest industries in the world. The COVID-19 pandemic has pushed the industry to new heights. As of this writing, the global gambling industry is worth more than $ 200 billion. A new Accenture report shows that it is about $ 300 billion. Although the numbers vary from report to report, one thing is certain: the gambling industry is growing by the day. The gambling industry is also larger than the global entertainment industry.

The gambling industry is also larger than the global entertainment industry. Yes, you read that right. Even the combined power of Hollywood, Bollywood and the Chinese entertainment industry is struggling to compete with the global gambling industry. According to a study, the global gambling industry has a year-on-year growth rate of more than nine percent.

3. Billions of people play video games

If you thought the value of the gambling industry confused your head, get ready to be surprised again. The global gambling industry has more than three billion members. As of this writing, there are an estimated 3.24 billion players worldwide. Asia happens to have the largest number of players at 1.48 billion. Europe comes in second with 715 million game audiences.

It is very safe to say that we are living in the age of games. The number of players around the world is expected to increase only in the coming years. The Accenture study revealed that a large number of women entered the gambling industry as players. The world has never seen this number of video game players as it sees it now.

4. Mobile games disrupted the gambling industry

The advent of mobile games is nothing short of a breakthrough. Mobile games have changed the game (pun intended) for the gambling industry. Closures introduced in the wake of the virus have also contributed to the popularity of mobile games. The insane popularity of mobile games has forced game studios to focus on mobile games.

The global mobile gambling industry is poised to reach $ 100 billion by 2020. It is expected to reach $ 272 billion by 2030. According to Statista, mobile gaming will be the main source of revenue for the global gambling industry during the current year. The increasing reliance on smartphones means that mobile games will only grow in popularity.

5. Esports become popular

The income of esports dwarf continues to grow. Esports are also becoming increasingly popular over time. As of this writing, there are nearly 500 million esports players in the world. This means that a large part of the global gaming population plays e-sports such as FIFA, NBA and others. In addition, esport game studios regularly organize esport tournaments.

In terms of income, esports draws insane numbers. It has already raised more than $ 950 million from media rights, sponsorships and advertising by 2020. The number is expected to reach the $ 1 billion mark in 2021. The global Esports industry is also expected to raise approximately $ 2 billion over the next two years.

Games are no longer a recreational activity. It’s a full-time career. People around the world are changing their passion for gaming into full-time careers. If you have a passion for gaming, what are you waiting for?

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