According to the latest report by Vantage Market Research, the Global Esports Market is projected to reach around $12 Billion by 2030, with an impressive growth rate of 27.6%. There are many factors that contributed to this meteoric rise including the surge in live game streaming, significant investments, an expanding audience base, engaging activities, and…
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….
Netflix recently announced a stunning lineup of new games set to grace its expanding mobile gaming platform in the Geeked Week Livestream. Leading this charge is the inclusion of Supergiant Games’ 2020 masterpiece, Hades, which next version Hades 2 is poised to become available to all Netflix subscribers on iOS mobile devices upon its launch….
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 announcement of Insomniac’s development of a Wolverine game for PlayStation, enthusiasts have been eagerly speculating about its possible connection to the Spider-Man 2 universe. The inclusion of the “Earth-1048” nod in the original teaser of Wolverine has fueled much of this speculation. However, in a recent interview with IGN, an esports portal, the…
On October 23rd, the esports community was taken by surprise when Ralf Reichert, the prominent Chairman of ESL FACEIT Group, announced his departure from his long-held position. His decision to transition into the role of CEO for the Esports World Cup Foundation which is about to host the First World Cup of Esports in Saudi…
