Gaming Market outlook
The gaming market is one of the highest-growth industries and it does not show any signs of slowing down. Over the coming year, the video game industry is slated to grow to 583.69B in 2030 (Gaming market size worth $504.29 billion by 2030, 2022). More specifically, the TCG industry is expected to grow from USD $20.1B in 2022 to $131.8B in 2030.
The key driver of this market is expected to be Asia Pacific and it is projected to register the highest growth in the above-mentioned period due to the increasing smartphone and internet penetration rate. Currently, technical developments such as Augmented and Virtual reality are a large focus for game developers as these technologies allow them to offer immersive gaming experiences to players.
Taking a closer look at the Play-to-Earn market will show that it was estimated at $755 million in 2021 and is expected to reach $2917.2 million in 2028, which would report an astounding annual compound growth of 21.3%.
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