Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

The gaming world is booming

The gaming world is booming

The gaming industry has welcomed 500 million new competitors in the last three years and is set to continue to grow with hundreds of millions of new customers in the next ten years

The world of gaming is forever evolving and with it comes new gamers. The sector has welcomed 500 million new competitors in the last three years and now the value of the global gaming industry exceeds €250 billion, according to a new report by Accenture. It is safe to say the market is booming.

GAMING BECOMES MORE POPULAR DURING THE PANDEMIC


During the last year and a half with the COVID-19 pandemic, people have had more time on their hands at home, and with a lack of mobility, gaming quickly became one of the most popular activities. In fact, there was a huge surge between February and April 2020 during the first lockdowns.

Paul Hurrell is an award-winning Games Designer and producer for Neon Play. He said, “At the minute it’s actually quite an exciting time for us because understandably over the last eighteen months or so, people have found they’ve got a lot more time on their hands, a lot more time at home. So being a company that makes mobile games, people are spending more time on mobiles so we’ve actually seen demand go up which has been great to see. “

NEW TECHNOLOGY AND CHOICE


As well as smartphones, there has also been a rise in new gamers because of new technology developments such as virtual reality providing world experiences.

It is not just people sitting at home on their devices who are driving the industry growth but also corporate activity in video games, esports, cloud gaming, and online competitions.

Ahmad Al-Meghessib is an international esports star and professional footballer. He said he plays the games to provide the designers with potential ideas for improvements.

"We will try the game, give our feedback. And then they see our feedback, they take our feedback seriously and try to manage with the game and hopefully deliver us a better version than last year."

Iraqi iKurd esports team playing a PUBG mobile tournament


Khalifa Al Haroon is Mr. Q and he has a huge online fanbase. He has millions of viewers from his informative videos about Qatar and culture, to more than 2.7 million subscribers on his unboxing channel ‘Raqami TV’ which is one of the world’s largest online tech channels that showcases state of the art gadgets.

Mr. Q said people want to customize their own things so companies are providing different options so there is more of a choice.

"I definitely think that the customization and modularity is something that everybody wants. So of course when people pick something with RGB lighting it’s not meant to be constantly in the rainbow mode but it’s supposed to give you options so you can select a color that represents you."

CAREER CHOICE


The industry has also become a career choice for some young people. Hurrell said there's a lot of people like him who've been playing games since they were toddlers.

“There’s now a new wave of people like myself who’ve been playing games throughout their childhood. And when they get to adulthood and decide what career they want to go into they choose games because firstly it’s exciting to work on something that you’re passionate about but also it’s a big industry and there are opportunities here."

GAMING WILL CONTINUE TO GROW


Ted Pollak, Gaming Analyst says gaming's popularity will always continue to increase. “What we’re seeing is that there’s probably fifteen years of natural, what I call free growth."

Lisbon, Portugal Moche XL ESports


"And advanced gaming costs a lot of money," Pollak added. "People spend five hundred dollars a year with the high-powered PCs and the good consoles. We’re talking about hundreds of millions of new customers in the next ten years."

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Instagram Released a New Feature – and Sent Users Into a Panic
China Accuses: Nvidia Chips Are U.S. Espionage Tools
Mercedes’ CEO Is Killing Germany’s Auto Legacy
US Postal Service Targets Unregulated Vape Distributors in Crackdown
RFK Jr. Announces HHS Investigation into Big Pharma Incentives to Doctors
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Security flaws in a carmaker’s web portal let one hacker remotely unlock cars from anywhere
Denmark Pushes for Child Sexual Abuse Scanning Bill in EU, Could Be Adopted by October 2025
Street justice isn’t pretty but how else do you deal with this kind of insanity? Sometimes someone needs to standup and say something
Armenia and Azerbaijan sign U.S.-brokered accord at White House outlining transit link via southern Armenia
Barcelona Resolves Captaincy Issue with Marc-André ter Stegen
US Justice Department Seeks Release of Epstein and Maxwell Grand Jury Exhibits Amid Legal and Victim Challenges
Spain Scraps F-35 Jet Deal as Trump Pushes for More NATO Spending
France Faces Largest Wildfire Since 1949 as Blazes Rage Across Aude
French Senate Report Alleges State Cover‑Up in Perrier ‘Natural Mineral Water’ Scandal
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
OpenAI Launches GPT‑5, Its Most Advanced AI Model Yet
Brazilian President Lula says he’ll contact the leaders of BRICS states to propose a unified response to U.S. tariffs
US envoy Steve Witkoff arrived in Moscow to seek a breakthrough in the Ukraine war ahead of President Trump’s peace deadline
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Britain's Online Safety Law Sparks Outcry Over Privacy, Free Speech, and Mass Surveillance
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Karol Nawrocki Inaugurated as Poland’s President, Setting Stage for Clash with Tusk Government
US Charges Two Chinese Nationals for Illegal Nvidia AI Chip Exports
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
U.S. Tariff Policy Triggers Market Volatility Amid Growing Global Trade Tensions
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
German Finance Minister Criticizes Trump’s Attacks on Institutions
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
U.S. Tariffs Surge to Highest Levels in Nearly a Century Under Second Trump Term
Ong Beng Seng Pleads Guilty in Corruption Case Linked to Former Singapore Transport Minister
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
Italy Fines Shein One Million Euros for Misleading Sustainability Claims
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
Declassified Annex Links Soros‑Affiliated Officials and Clinton Campaign to ‘Russiagate’ Narrative
UK's Online Safety Law: A Front for Censorship
Parents Abandon Child at Barcelona Airport Over Passport Issue
Bus Driver Discovers Toddler Hidden in Suitcase in New Zealand
Switzerland Celebrates 734 Years of Independence Amid Global Changes
China Enforces Comprehensive Ban on Cryptocurrency Activities
Grok 4 Video plus Voice, can identify wildlife!
George Soros tells the World Economic Forum: "President Trump is a con man and the ultimate narcissist, who wants the world to revolve around him."
Hamas are STARVING the hostages.
The UK Does Not Have a ‘Far-Right’ Problem
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
×