Gaming Is A Kingpin Of Entertainment
Business
Gaming is huge, thats not something new but figures suggesting $178.2billion revenues in 2021 is truly amazing results.1 For years now gaming has been rapidly developing as technology has made inwards steps almost every single day. From VR gaming to traditional consoles we are here today to help you surf the space and understand where its all going in 2022.
Average Gamer Is Not What You Expect
Did you know the average gamer is actually male and 34 years old?2 Thats right competitive gaming is seeing a huge rise in popularity in middle ground generations as a way to keep busy in time off. In fact, research suggests that in 2021 there was a 14% growth year on year for people aged between 35-44 years old playing video games. So if you had any preconceptions about who the average gamer is then hopefully they have been quashed.
Cloud Gaming Is Almost Here
Cloud based subscription models are being tipped as the next big thing in video gaming. Google Stadia, Playstation Now and Microsofts xCloud are all services which offer this. The basic premise is that games can be run from remote servers meaning you no longer need the latest console or PC to play the newest releases. This is technology which has been tried before with limited success but it is being tipped to take off in a big way in 2022.
Virtual Reality Gaming Could Be Poised To Take Off
Virtual reality has been around for a few years now but its still in its relative infancy. High costs and a lack of must have games have so far limited its appeal but that could all be set to change in 2022. With both Sony and Microsoft due to release new VR headsets compatible with their latest consoles there is a real possibility that VR could go mainstream. If that happens then we could see a whole new wave of immersive gaming experiences to enjoy.
E-Sports Is Truly Dominating Statistics
E-Sports is now watched by more people than traditional sports. Thats an incredible statistic and one which is only set to rise in the coming years. The industry is expected to be worth $12.9 billion by 2025 and with so many people now playing games competitively its not hard to see why. If you aren’t familiar with E-Sports then its basically competitive gaming where players go head to head in popular titles such as Fortnite, Call of Duty and FIFA. The prize money on offer has increased massively in recent years too with some tournaments now offering millions of dollars in prize money.
The Next Generation Of Consoles
Whilst we are on the topic of technology it would be remiss of us not to mention the next generation of consoles. The Playstation 5 and Xbox Series X are both due to be released in late 2022 and they are both set to be absolute beasts. 8K resolution, 120fps frame rates, super-fast loading times and more are all on the way to these heavy hitting consoles.
How Popular Is Mobile Gaming?
Mobile gaming has seen a huge surge in popularity over the past few years and its now the most popular type of gaming. Thats right, more people play games on their phones than any other platform. The likes of Candy Crush, Clash of Clans and Pokemon Go have all been massive hits in recent years and they are still going strong. In fact, mobile gaming is expected to generate $77.2 billion in revenue in 2022 which just goes to show how big it has become.
What Does The Future Hold?
The future looks bright for the gaming industry and 2022 is shaping up to be a big year. With new consoles on the horizon, VR finally poised to take off and mobile gaming going from strength to strength there is a lot to be excited about. So whatever your preference, make sure you keep an eye on the latest trends as the gaming world evolves at a rapid pace.
Do you agree with our predictions? Let us know in the comments below.
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