Online Gaming Industry: The Rise of a Multi-Billion Dollar Market
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The global online gaming market is expected to reach $196 billion in revenue by 2022. North America and Asia are the biggest gaming regions accounting for 78% of the global revenue.
Online gaming started growing in popularity in the 1990s. By 2015, around 1.5 billion people were gaming around the world.
Online casino games offer players a different type of experience than the regular casino. JackpotCity is one of the industry pioneers. They introduced a large variety of games to many audiences all over the world with custom made sites.
Esports is a competitive video gaming. Many of these games are watched and followed around the world mainly through streaming services. Tournaments attract so many viewers that the numbers could easily be compared to traditional sports events.
In 2018, 83% of all computer and video games were sold in digital form. Online games are easily accessible and affordable. Cloud gaming services allow gamers to play without a console. They run video game on remote servers and then streams them into the player’s device.
The number of players keeps growing and technology is evolving. Online gaming industry is worth billions.
