GamesIndustry.biz

MAY 13, 2024

As a result, the firm is set to implement a brand new strategy going forward, hoping to achieve "stable profit generation" in its digital entertainment segment by 2027. Square Enix has released its financials for the fiscal year ended March 31, 2024, with the results largely below what it had previously forecasted.

Fantasy 145

Fantasy Pixel Entertainment Games 145

GamesIndustry.biz

JULY 8, 2024

But Fear The Spotlight is out this year, and we have three in 2025, three in 2026, a couple in 2027 and we're going to maintain that pace. "We are further than a year ahead of schedule. Our plan was to start releasing games in 2026. A few games a year and making sure we have time to dedicate to each of them." Read more

Horror 144

Horror Games 144

GamesIndustry.biz

AUGUST 13, 2024

Newzoo has also forecast the compound annual growth rate from 2022 to 2027 will grow by 3.1% This is slightly lower than the market analysis firm's initial forecast earlier this year, in which it predicted that the global games market would reach $189.3 with the market expected to reach $213.3 billion in three years. Read more

Games 126

Games 126

GamesIndustry.biz

FEBRUARY 7, 2024

billion in 2027, according to a new report by Niko Partners. The Saudi Arabia, United Arab Emirates, and Egypt (MENA-3) games market increased 7.8% year-on-year to $1.92 billion in 2023 and is expected to rise to $2.65

Games 140

Games 140

GamesIndustry.biz

JUNE 7, 2023

The data firm said the games market in China is expected to grow to $57 billion in revenue by 2027, and an estimated 730 million gamers. Chinese games companies accounted for 47% of the mobile games revenue worldwide and 39% of the PC games revenue, a new report from Niko Partners showed. Read more

Mobile Gaming 98

Mobile Gaming Mobile Mobile Console 98

GamesIndustry.biz

JANUARY 6, 2023

billion by 2027 (Mordor Intelligence), games are predicted to be played by 3.32 But we don’t really need mainstream media, do we? We have our own media channels as well as YouTube, Twitch and Discord, our global revenues are predicted to be $339.95

Media 124

Media Film Console Games 124

GamesIndustry.biz

NOVEMBER 9, 2023

In a note to investors, the platform holder confirmed its original plan to complete construction by 2027 has been revised as it has decided to "up-scale the building." The opening of Nintendo's new development centre has been delayed to 2028, following further plans for expansion.

Development 81

Development Platformer Build 81

PreMortem.Games

SEPTEMBER 2, 2024

from 2022 to 2027. Global community The global gaming community continues to expand, with emerging markets contributing significantly to the rise in player numbers, particularly in the mobile segment, which is projected to reach 2.85 billion players in 2024, a 3.5% increase year-on-year.

Console 104

Console PC Mobile Mobile 104

Logic Simplified

JANUARY 8, 2023

Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 13.72%, resulting in a projected market volume of US$52.05bn by 2027. users by 2027. Revenue in the AR & VR market is projected to reach US$31.12bn in 2023. The market's largest segment is AR Software with a market volume of US$11.58bn in 2023.

AI 95

AI Technology Simulation Education 95

Big Games

MARCH 27, 2025

of the CAGR to reach US$1535B by 2027. The mobile gaming industry has exploded recently. Earlier in 2020, it was estimated at US$71.9B, but now it is expected to grow at 11.5% Developers are constantly seeking the best tools to create engaging, high-performance games that can run smoothly on a wide range of Android devices.

Engine 52

Engine Engineering Game Developer Game Development 52

CG Spectrum

DECEMBER 22, 2022

Billion by 2027 1 , which means the demand for skilled VFX artists will only grow! VFX can be as small as removing a car from the background of a shot to integrating CG environments and characters and adding FX (smoke, destruction, water simulations, etc.). The worldwide visual effects industry is expected to reach $15.5

Education 52

Education Educational Film Simulation 52

Logic Simplified

MAY 21, 2023

billion by 2027. This allows even casual gamers to turn gaming into a living. As stated by the globe newswire , NFT sales have risen from $100 million in 2020 to $3 billion in 2022 and are expected to reach $13.6 Before we understand how NFT video games might work, first let’s understand what exactly are NFTs in games. What are NFTs in games?

Asset 97

Asset Games Game Development Game Developer 97

CG Spectrum

OCTOBER 1, 2023

trillion, with an almost 20% growth projected by 2027 (source: Statistica ). These specialised degrees train emerging artists for the ever-evolving film and game industry so they can adapt and thrive alongside it.” The global entertainment and media value currently sits at over $2.32

Education 52

Education Educational Concepts Film 52

Game Daily

AUGUST 8, 2023

“Currently, Gen Z spends 15 percent of their ‘fun budget’ in the metaverse and it’s predicted to climb to 20 percent by 2027. ” The report, written by Phil Rowley, head of futures at the company, goes on to say “to many this represents a watershed moment in the history of mediated communication.

Media 52

Media Entertainment Asset Technology 52

iXie gaming

SEPTEMBER 8, 2023

billion by 2027 – that’s more than a quarter of the total population globally. This trend has revolutionized the gaming experience by crafting quests, narratives, and landscapes that respond uniquely to each gamer. Mobile Gaming Mobile gaming has become a trend in modern times. Statista predicts that the number of mobile gamers will reach 2.3

Game Developer 52

Game Developer Game Development Cross platform Development 52

Game Biz

JANUARY 24, 2023

billion by 2027. Mobile gaming is one of the most popular app categories in the world. According to Statista , there were 1.8 billion active mobile gamers worldwide in 2021, and the number is expected to grow to close to 2.3 It’s easy to understand why mobile gaming has grown so rapidly. Games are fun and can be addictive.

Mobile Gaming 72

Mobile Gaming Mobile Mobile Advertising 72

Deconstructor of Fun

MAY 13, 2024

In other words, the rightsizing will reverse in 2027 (barring WW3) when the release slates are empty and publishers rush to hire talent to get their games onto the market faster. Trend #2 Gamers Play Fewer Titles for Less Time Playtime has significantly decreased from the lockdown years, which is expected.

AI 59

AI Games AAA Media 59

AWS Games

SEPTEMBER 21, 2023

According to Omdia , an independent game tech analyst firm, operations will account for approximately 19% of a studio’s total tech expenditures in 2023 and rise to nearly 25% by 2027. Game servers, along with compute and data storage, make up the vast majority, nearly 60%, of these operational expenditures.

Engine 64

Engine Engineering Games Data 64

Game Daily

MARCH 5, 2023

billion from 2022 to 2027” at an annual growth rate of around nine percent. Loose definitions Certainly, metaverse enthusiasm still exists. Recently, author Neal Stephenson (who coined the word ‘metaverse’) delivered a keynote at the game industry DICE summit , titled “Games and the Open Metaverse.”

Media 52

Media Concepts Retail Education 52