Video games have become one of the fastest growing industries in recent times. Due to the pandemic, many people of all ages have sought refuge in video games so they can spend time at home and distract their minds.
Currently, several companies from different countries of the world are hiring experts in the game development industry in Ukraine. This is because Ukrainian developers are professionals and have the necessary experience to create quality games.
In addition, Ukraine has the largest number of game creators who will help you develop a reliable game that is unique and attractive to gamers. On the other hand, Ukrainian video game developers work with the industry’s most secure and popular game engines.
In 2017, video games could bill 108.4 billion dollars and break a record. By 2019, this figure increased and reached 95 billion dollars, and by 2020, the figure managed to increase considerably and reached 162.32 billion. Globally, video games have positioned themselves as one of the fields with the greatest economic growth.
A reputable and professional provider in the video game market has said that by 2023, the global games industry is expected to exceed $ 200 billion.
The games industry has managed to outperform movies and has been the biggest revenue for the entertainment sector. But what is the future of the growth and development of the games industry? Below you can learn more about the future and trends in the video game market.
What is the future of the games industry?
This market is constantly changing, and every day, new trends emerge in the creation and development of video games. Technology advances, and with it, the world of the game changes to offer innovation, quality, and avant-garde.
The video game market can be divided into three main branches of platforms, which are:
- Mobile games: This sector has the greatest growth because it allows you to play from anywhere and at any time of the day. For 2019 it had a profit of 39 billion dollars.
- PC gaming: By 2017, you were able to make a profit of $ 33 trillion. It is a sector of video games that continues to have many fans because they can play with a larger screen.
- Games for consoles: This sector had a profit of 8.3 billion dollars for 2017.
With the constant changes, video game creators and developers have the opportunity to explore and investigate new forms of games with other functions. When the game development industry wants to bring its next project to market, there are many things to consider to be successful and effective.
There are millions of gamers worldwide, and large companies like Sony, Microsoft, and Nintendo continue to lead the industry, which has brought other big-name companies like Google, Apple, and Facebook to bring gaming products to the cloud.
On the other hand, the graphics and design of video games have changed considerably. They no longer look anything like the first generation games like the Atari was. With the advancement of technology, games have been transformed and added attractive graphics with a more realistic look.
But, how will the global growth of this market be so important for training to be? Each continent has its aspects regarding the success of video games, and each one favors the growth of this industry worldwide.
- Pacific Asia
The Asian continent represents the largest source of income in the video game market. In this case, mobile games are the most popular because there can be several free options.
- Africa and the Middle East
Like Asia, electronic games have become a popular game on the African continent and the Middle East. Although less than 1% of games are localized in Arabic, the games industry has entered this market and grew.
Many video game companies have looked for experienced developers to be able to offer attractive games for this market
Europe has 51% resident players, and by 2020, they achieved a 3% income. In the United Kingdom, Italy, Spain, Germany, and France, the video game market has grown and supported the game development industry in Ukraine.
Some of the most popular games operating in this region are Activision, Tencent, Zynga, Ubisoft, and Blizzard.
As has happened in other regions, in America, the gaming industry also had significant growth. In North America, this market has boomed and continues to grow thanks to the cutting-edge features they offer.
In turn, in South America, more users play online, representing an increase in this online market worldwide.
The most popular game development trends
The game development industry in Ukraine will help you get more modern and cutting-edge video games. It is a way not to be left behind and to stand out in this constantly evolving industry.
Currently, there are four main game development trends: AR / VR, 5G, eSports, and Inclusivity.
- AR / VR
AV / VR may be a fundamental aspect for game developers and will no longer be an additional category for many professionals. Many video game creators will go after realism and believe that this trend will increase.
According to a survey conducted by experts, 61% of professionals believe that this will affect the development of future games. As time goes on, the developers will look for players to live in the game.
With the emergence of 5G, many experts believe that it will stimulate the games industry’s growth. Technological advances will bring innovation when developing updated and modern games; it will be important to reduce latency.
With 5G, they will be able to transmit with higher quality on mobile devices for the greater comfort of the players.
Online sites have gained popularity due to the presence of COVID-19. As real sporting events closed, other alternatives were opened. The famous electronic games studios have evolved and already show games that are very similar to real ones to improve the user experience.
61% of respondents indicated that esports would significantly impact the gaming industry’s future.
The game development industry will have greater penetration. Currently, video games have become more diverse, inclusive, and real, and as new techniques continue to be produced, they will increase and have better accessibility features.
Experts have shown that if you want to reach a particular group of players, the game will need to be developed by that demographic. In this case, the game development industry in Ukraine will help you get good results. They know the market very well and can offer more modern, inclusive, and quality games.