Gaming Report

What To Expect Of Mobile Gaming

The gaming industry has seen continued growth in recent years, with mobile gaming becoming an increasingly popular segment. Despite the economic challenges of 2022 and the impact of COVID-19 on production and supply chains in 2021, the industry is still projected to generate a significant amount of revenue. According to estimates from research firm Newzoo, the gaming industry is expected to generate over $197 billion in 2022.

The gaming industry is a diverse and constantly evolving field, with various segments such as console, PC, and mobile games. However, mobile games have emerged as the primary driver of growth within the industry. In fact, mobile games currently make up more than half of the entire gaming market and the trend is expected to continue. With the advent of new technologies and the exploration of new revenue generation opportunities, the mobile gaming industry is expanding and opening new doors for companies, developers, artists, gamers, and other related fields. The constant innovation and ideas in mobile games are creating novel revenue streams for everyone involved in mobile gaming, including mobile gaming companies, developers, artists, gamers, musicians, and more.

In today\’s gaming news, we\’re taking a look at the mobile gaming industry and providing solid predictions for 2023. As a developer, it\’s important to stay informed and stay ahead of the curve, and these predictions will be valuable in helping you make strategic decisions. According to research from Newzoo, the mobile gaming industry is expected to see continued growth and evolution in the coming year. Some key areas to keep an eye on include the continued rise of hyper-casual games, increased investment in mobile esports, and the expansion of mobile gaming into new markets and regions. With a better understanding of these predictions, you\’ll be well-prepared to stay competitive and capitalize on the latest trends in the mobile gaming industry.

Blockchain games, Play-to-Earn Games, and Web3 are all rising in popularity

The blockchain gaming segment is a relatively new and rapidly evolving field, with a lot of activity and growth taking place. Although there have been some ups and downs in the past, 2022 saw a lot of positive developments in the blockchain gaming space, with big players and legitimate companies entering the market. This trend is expected to continue in 2023, with the release of AAA blockchain games and an overall bullish outlook for the market. The increasing number of business deals, funding rounds, and talent acquisitions in the blockchain gaming space also indicate that this segment is consolidating and becoming more established. As a mobile gamer, you now have more choices than ever before, with blockchain games offering a new and exciting way to play. Game developers in the blockchain space are also creating their own tokens, which are used as in-game currency and can be traded among players.

The \”play to earn,\” \”play and earn\”, or \”play to own\” gaming models are becoming increasingly popular as they offer players the opportunity to earn real money through in-game rewards. These games typically offer players the chance to earn cryptocurrency in exchange for their time and investment in the game. This is an attractive prospect for gamers, and many are drawn to this type of gaming. In 2023, this area is expected to bring a lot of opportunities for game developers around the globe, as it can open up new revenue streams for mobile gaming companies. Game developers should consider designing games that are compatible with blockchain elements, as this can make the transition from Web2 to Web3 a lot easier and more cost-effective.

The blockchain and Web3 gaming segment is still a relatively new and emerging field, often referred to as the \”Wild West\” due to the lack of regulation. However, as the industry continues to grow, we may see new regulations enter the space, particularly related to speculation and non-fungible tokens (NFTs). In 2023, we predict a significant increase in activity within the mobile blockchain gaming industry. Game developers and companies should keep an eye on any new regulations that may come into play and adjust their strategies accordingly.

Ember Sword Mobile Game

Mobile Gaming Will Overcome Economic Difficulties

According to research firm Newzoo, the gaming industry has proven to be relatively recession-proof, and this has been especially apparent in recent times during the global pandemic. Games and gamers have had a strong run in terms of revenue, providing a lot of choices and convenience for both gamers and developers. In 2023, we may see an increase in e-commerce spending on marketing and advertising, and this is where the mobile gaming sector is expected to cash in. The use of in-game ads in mobile games can open up solid revenue streams for game developers, however, it\’s important to implement them in a way that won\’t disrupt the gameplay experience for players.

In order to stay competitive in the mobile gaming industry, developers should consider taking a cross-platform and multi-country approach. By developing games that can be played on multiple devices and platforms, and targeting a broader audience across different countries, developers can increase their chances of acquiring new users and customers, and expanding their reach. This approach can help increase revenue and establish a strong presence in the market.

Count the number of female gamers

The gaming industry is evolving, and the perception of games being exclusively for men is becoming a thing of the past. In recent years, there has been a gradual and consistent rise in the number of women gamers. In the US, the gaming population is now made up of 50% women gamers. According to a consumer insight report by Newzoo, women tend to prefer playing games on mobile devices. This presents game developers with valuable data, as they can tailor their mobile game strategies and in-game content to specifically target female gamers. This is important as the motivations and preferences of women gamers can be from those of men. For example, many women gamers in the US play games to remain socially active and to achieve certain goals.

Mobile game developers have a lot to consider in 2023, from the continued growth and evolution of the mobile gaming industry to new trends and opportunities in the blockchain gaming segment. It\’s important for developers to stay informed and stay ahead of the curve in order to capitalize on the latest trends and opportunities. One area of particular interest for developers may be blockchain gaming, as it ended 2022 as the most active segment in terms of number of deals in the gaming industry, according to an annual report.

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Blockchain Gaming Most Active Segment

According to the Global Gaming Report 2022 by Drake Star, the gaming industry saw significant growth in 2022 despite economic difficulties. The entertainment sector, in particular, experienced tremendous success with impressive numbers..

In 2022, the gaming industry generated an impressive $127 billion through 1320 deals announced and closed. This figure includes Mergers & Acquisitions, Public Markets, and PP. The most notable deal was Microsoft\’s acquisition of Activision, despite the controversies surrounding it. Additionally, Take-Two acquired Zynga, Unity acquired ironSource, and Sony acquired Bungie. The industry also saw significant investment, with companies such as EPIC Games and the blockchain sector raising large sums of money. Download the report.

Record-Breaking Deals and Promising Growth in the Gaming Industry in 2022

The year 2022 saw a number of significant deals in both Mergers and Acquisitions and Private Financings. M&A value experienced a marked increase of 3 times compared to 2021, reaching a total of $102.3 billion. The PC and console gaming led with 83 deals, followed by platform tools with 75 deals. Mobile gaming also saw a significant number of deals, totaling 75. The overall deal volume remained consistent throughout the year. In the blockchain gaming sector, there were 17 M&A deals.

In terms of private placements, a total of 938 deals were completed, amounting to $11.1 billion. The blockchain gaming sector had the highest number of deals, closing 405 deals with a total value of $3.9 billion. PC and console gaming followed with 123 deals, and mobile gaming had 152 deals. Within the blockchain gaming and NFT gaming private placements, Animoca Brands was the top performer. In 2022, Animoca Brands\’ deal value reached $358.9 million with a total valuation of $5358.9 million. The company\’s investors included Liberty City, Sequoia, and Mirae Investment. Other notable companies in this field include Immutable, LootMogul, LimitBreak, and Sky Mavis, among others.

Drake star Report

Key Takeaways of Q4 of 2022

In the fourth quarter of 2022, M&A activity remained consistent and saw Meta making several acquisitions of VR game developers such as Camufloj, Armature Studio, and Twisted Pixel. These developers have contributed to popular VR games like Resident Evil 4 VR and Iron Man VR.

Furthermore, video streaming giant Netflix ventured into gaming by purchasing Cozy Grove and SpryFox, the developer of Alphabear. Other notable M&A activity in Q4 includes Google\’s acquisition of AI avatar company Alter for $100 million, Playstudios\’ acquisition of mobile game developer Brainium for $93 million, Keyword Studios\’ acquisition of Helpshift for $75 million, and Fandom\’s acquisition of Gamesport, Metacritic, Giant Bomb, and others for $55 million.

In terms of fundraising, the blockchain gaming industry saw Horizon raise $40 million. Traditional gaming companies also had a successful year, with Fenix Games raising $150 million with the intention of using the investment to bring blockchain games to market. Another major fundraising was Homa Games, which raised $100 million in a Series B round led by venture capital firms Quadrille Capital and Headline.

In addition to fundraising, there were also several gaming companies that went public in 2022. Wemade, a blockchain gaming company, raised $50 million through its public offering. Infinite Reality also went public through a SPAC deal with Newbury Street acquisition company. Similarly, Snail Games also made its public debut on Nasdaq with a $190 million valuation, raising $15 million.

Drake star Report 2022

The gaming industry had a total of 76 deals announced in Q4 of 2022, resulting in $721 million in disclosed deal activity. The PC and console sector had 15 deals and blockchain gaming had 9 deals. North America had the most deals with 31, Europe had 25, and Asia and other regions had 20 deals.

What does the 2022 Gaming Report Predict about 2023?

The report predicts that the gaming industry will continue to see diversification, consolidation, and investment, but at a slower pace. The focus in 2023 will be on AR/VR and AI technologies, but there is also expected to be a significant amount of activity in M&A, particularly within the mobile gaming sector.

The report also notes that Embracer, Sony, Microsoft, Tencent, and T2 will continue to be major acquirers in 2023. Furthermore, the blockchain gaming sector is expected to see an increase in high-quality games as the $13 billion raised in 2022 is utilized. The report predicts that we will see a first consolidation phase in blockchain gaming this year. Overall, the report highlights many positive developments for the gaming industry as a whole and the blockchain gaming sector in particular.

The blockchain sector is also introducing new technology and methods to curb the problem of losing funds via hacking and or personal error. Check out our article on Account Abstraction and how this technology can work in the best interest of investors.

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