Forrester Research Reveals Three Game Market Trends for the Next Few Years

Video games are transforming with new technologies, streaming services, and mobile devices. The emergence of new game consoles, high-definition displays, wearable tech, and facial recognition are spurring innovation. Action games are also gaining popularity, due to time pressure and difficulty. These games will continue to grow in popularity. But what will the future of the video game market look like? The following are some trends we expect to see over the next few years. Looking more visit life selector interactive.

The popularity of Free2Play games is growing. As the number of players grows, the industry participants should increase their investment in the sector. The player population grew to over two billion in 2015 and is expected to reach 3.3 billion by 2024. Meanwhile, disposable income has increased, increasing the number of consumers spending on gaming products. Additionally, the popularity of advanced gaming consoles has grown due to the emergence of new players. The growth of these games has transformed the role of the game itself.

In the game industry, the influx of new players is expected to increase revenues. The number of players will reach 3.3 billion by 2024, with a growth rate of +5.4 percent from 2020 to 2021. In 2015, the number of users was 2.0 billion, but this will reach 3.2 billion by 2024. The growth of Free2Play games is attributed to the rise of disposable income and changing consumer preferences. As a result, more people will be spending more on these gaming products.

The video game industry will remain an extremely lucrative industry through the next several years. Forrester has been focusing its efforts on the video game industry, helping companies develop enterprise strategies that will help them take advantage of the opportunities that this technology presents. Forrester’s latest report reveals three major trends. All three will help businesses make the right decisions to adapt to the changing market. You’ll have a lot of choices in the near future.

– New players will continue to enter the game market. As the number of players increases, more people will be spending more time playing their favorite games. In 2015, the number of gamers was 2.0 billion. By 2024, it will grow to 3.3 billion. This growth trend is good news for the video game industry. It will help companies make better decisions by tapping into this potential. These games will also keep their players hooked for life.

– Gaming as a platform is an interesting trend. In 2016, more than 45% of smartphone subscribers installed a game. A similar number of mobile phone users installed at least one. – The game market will be a huge business in 2024. There are also trends in the video game industry. As technology improves, gamers will continue to spend more time playing games. But, this is not a guaranteed thing. Those who are already invested in gaming should continue to do so.