In a significant move, Germany has revealed its plans to inject a substantial subsidy of €33.3 million (approximately $36.2 million) into video games in 2024. According to a report from “Games Wirtschaft,” the Ministry of Culture of the German government is very highly thinking about game developers to make a country gaming hub. As reports…
ByteDance, the owner of TikTok, is reportedly considering selling its gaming unit Moonton Technology. Two years ago ByteDance entered into gaming sector by acquiring Moonton Tech, the Shanghai-based studio for a staggering $4 billion. But if the rumor comes to be true, ByteDance might seem to be reviewing its decision to enter the gaming market….
Epic Games, the mastermind behind the globally acclaimed Fortnite, has taken tech giant Google to court, alleging monopolistic practices within the Google Play Store. The legal fight is currently going on in a San Francisco court where Epic Games accused Google for abuse of power in in-app distribution and payment systems, breaching federal antitrust regulations….
According to Technavio, a leading market researcher, the global cloud gaming market is estimated to reach $1.61 billion by 2027, almost double that of 2022. Between 2023 and 2027, cloud gaming is projected to grow annually by over 10-11%, attracting an expanding audience and industry experts. In 2022, North America held the top position in…
With the gaming industry continually pushing the boundaries of technology and innovation, the demand for top-notch gaming accessories and gadgets has never been higher. From high-performance keyboards and precision mouse to immersive headsets and specialized controllers, gamers are seeking the best tools to enhance their gaming experiences. As the global gaming community expands and evolves,…
In recent years, you probably witnessed the unprecedented growth of the gaming industry, surpassing all expectations and breaking new revenue records. But this growth isn’t going to stop as the global gaming market is predicted to jump to $268.8 billion by 2025 According to Invezz.com data. It’s evident that the sector is growing at an…
With the global gaming industry projected to exceed $376.08 billion by 2028, the hunt for unexplored markets is intensifying. Africa, with its youthful population and surging interest in mobile gaming, has emerged as a particularly promising frontier in the gaming market. For gaming developers and publishers eyeing sustainable growth, seizing the untapped potential of this…
The gaming industry has been witnessing a significant surge as it going to expand by a staggering USD 102.13 billion between 2022 and 2027, with a projected annual growth rate of 9.12%, as unveiled by a recent study from Technavio. This upward trend is further highlighted by the dynamic assessment of major market players, including Activision…
GameSquare, one of the biggest esports talent organizations and the parent company of esports team Complexity, recently make a move to acquire FaZe Clan. The news has sent shockwaves through the gaming community, underlining FaZe Clan’s enduring influence and global reach. FaZe Clan’s Evolution: Flying Start Faze was founded in 2010 by a group of young…
In today’s world, the concept of subscription services has transcended industries, shaping the way we consume products and services. From streaming platforms to meal kits and even vehicles, the allure of hassle-free, regular payments has captivated consumers worldwide. The gaming industry is no exception, with a multitude of paid subscription services competing for players’ attention….
