Gaming is becoming increasingly popular, according to market researchers at Digi-Capital. In addition to mobile games, niche sectors such as VR and AR are also expected to grow strongly by 2021 - as are e-sports.
The global gaming market is expected to generate more than 150 billion US dollars for the first time in 2017 shows the Q3 2017 Games Report from Digi-Capital. And the trend for the coming years is rising. The report summarises the gaming market as a whole from hardware and software. This means that sales of game consoles, PC hardware and VR headsets are also included.
At the moment, the focus is on the still booming mobile games sector. But VR and AR are catching up.
VR and AR to grow strongly
Virtual reality and augmented reality are two industries that currently generate less than 20 billion in combined sales. By 2021, however, they are expected to grow by 30 percent (VR hardware) to 75 percent (VR games). AR games are still significant in 2017, mainly due to the fading Pokémon Go boom. Products like Microsoft's Hololens could bring this segment forward.
VR, on the other hand, currently faces an uncertain future. Products like Oculus Rift or Samsung Gear VR dominate the VR market. The high hardware requirements of VR make widespread use difficult. In addition, many VR games are still very limited at the moment, as the characters are mostly stationary and cannot move. According to Digi-Capital, however, there is still growth potential here.
Source: golem.de / Cover picture: VR Game Anshar Wars 2
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