The Evolution of Gaming

The Evolution of Gaming

The Evolution of Gaming The gaming market was already doing well in 2019, generating somewhere in the region of $120 billion globally that year.

Then came COVID-19 and pandemicrelated social distancing and lockdowns, forcing consumers to spend even more time in their homes and seek out new ways to keep themselves entertained.

A

report published by Newzoo revealed that the global gaming market was on course to

generate $159.3 billion in 2020, representing a 9.3% increase compared with the previous year’s figures.

Gaming has evolved almost beyond recognition since the Pong arcade game, pinball machines and Atari of the In 1994 Sony jumped on board, launching the first PlayStation. Meanwhile, Nintendo retained a healthy share of the market.

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Sergey Karshkov

A report published by Newzoo revealed that the global gaming market was on course to generate $159.3 billion in 2020, representing a 9.3% increase compared with the previous year’s figures.

1970s. Next came Nintendo, developing the NES and Gameboy in the 1980s. In the 1990s games consoles continued to grow in popularity, with Sega becoming a serious industry player.

In 1994 Sony jumped on board, launching the first PlayStation. Meanwhile, Nintendo retained a healthy share of the market.

In 2001, Microsoft released the Xbox and the first game in the massively popular Halo series. In 2006 came the Nintendo Wii, a unique market offering combining light sport with in-person interactivity.

Over the past 20 years the gaming industry has continue to evolve – showing no sign of slowing down – with the addition of VR gaming leading to increasingly realistic and immersive experiences.

Sergey Karshkov

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Sergey Karshkov You can learn more about the gaming industry by visiting the blog of Sergey Karshkov.