Crypto Powers Up Gaming Industry Whose Value May Hit $350 Billion By 2027
Crypto is one of the backbones of the world’s gaming industry, which is growing and drawing in more game addicts. The value of the gaming sector might reach $350 billion by 2027 – thanks to cryptocurrency. The crypto world may be surprised by some of the surprising disclosures made by Triple A’s most recent cryptocurrency […]
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Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027. The recent study also highlights that Kraken is the most influential blockchain company of 2021. Kraken Named 2021’s Most Influential Blockchain Company Numerous research studies have shown the fintech....
Gaming is gradually receiving attention in the crypto space. The use of blockchain in developing some gaming platforms is increasing as more people now embrace virtual assets. Also, non-fungible tokens (NFTs) have been acting as the catalyst for accelerating users’ engagement in virtual gaming. While considering the trend in the gaming industry, which tilts toward […]
Virtual Reality is one of the fastest-growing markets currently valued at over $6 billion and set to reach $62 billion by the end of 2027. It finds applications in various industries including digital gaming, multimedia, advertising, education and training. Following the COVID-19 pandemic, the VR market has registered a great demand for the technology as […]
The gaming industry has come a long way from the days of arcades. From Super Mario to Grand Theft Auto, the gaming industry has seen quite a lot of transformation in terms of enhancing the gaming experience. It has made great strides in the last several decades. In fact, the worldwide gaming industry, which was valued at USD 173.70 billion in 2020, is expected to reach USD 314.40 billion by 2026, with a 9.64% CAGR between 2021 and 2026. Most of the credit goes to the advancement in technology. The emergence of virtual reality (VR), artificial intelligence (AI), and augmented reality (AR)....
Very few modern industries can claim a year-on-year growth rate of over 30%, especially with the global impacts of the pandemic, which stalled progress within many fields. However, one industry that’s seen incredible growth over the past 20 years and continues to do so is gaming – which currently has a total value of nearly 200 billion USD. But, when you take a step back and realize that there are 3.2 billion gamers worldwide, 2.2 billion of which actively play through their mobile devices, it’s no surprise that this industry has such high revenues. The gaming industry is an....