Posted Tuesday, May. 3, 2022, 11:03 a.m.
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Like any other profitable business, the gaming industry is developing. Some critics believe that the gaming industry could be worth $314 billion by 2026. Because of the potential for the gaming industry to continue to expand, many people are fighting for a piece of the pie.
One of the best ways to get your hands on the action and actually find yourself a piece of cake is to invest in the video game industry. In this article, we will not only mention that video games are one smart way to invest in the future of gaming, but also show how practical the advice is.
Reality of playing
Many people think video games are new. this is not true. In fact, video games have been around for more than 70 years. It is believed that William Higginbotham, a famous physicist, invented the first video game in 1958.
If true, video games have been around for long enough for those interested in investing. Of course, video games are just a part of the larger gaming community that gives entrepreneurs an opportunity to invest.
Online Casinos
Another smart way to invest in the future of gaming is to get into the Online casinos for real money. Here, you can spend your money on slot machines, poker, blackjack and roulette. If you are lucky, you can take profit.
Many casinos also offer lucrative bonuses with some welcome offers of up to $1000. Claim these rewards to reduce your balance. Aside from gambling, you can also invest in gaming stocks and affiliate marketing to sell merchandise.
Reasons to invest in the future of gaming
We have already mentioned that the future of gaming is bright. To prove it, the global gaming industry (offline and online) was valued at $173.7 billion in 2020. After looking at the numbers game watchers have predicted that the numbers will rise to $314 billion by 2026.
Even after Covid-19 has swept the world, the numbers are still promising. In fact, Sony and Microsoft reported that their gaming products hit an all-time high during the pandemic.
Therefore, it is important to know why investing in the future of the gaming industry is wise. Later, we’ll highlight some clever ways to do just that.
The rise of esports
The ever-growing number of esports companies is one of the main reasons why you should consider investing in the future of gaming. In 2016, League of Legends was watched by more than 43 million people. The number was a new record.
Two years later, 103 million viewers enjoyed the Fortnite tournament. In 2019, the number of viewers was expected to exceed 450 million by 2025. Although this has not yet happened due to the outbreak of the Covid-19 virus, esports is on the increase.
The new industry is attracting both sports fans and video players. Basketball, soccer, hockey and soccer fans can watch matches inspired by these sports. On the other hand, video players can watch tournaments based on top-tier titles like Call of Duty.
Adoption of mobile games
Gone are the days when it was necessary to visit a brick and mortar facility to enjoy the game. With the introduction of mobile gaming, many people have chosen to use these tools to gamble or even enjoy their games with ease.
In 2021, the mobile gaming industry recorded revenue of $106 billion, an increase of 730% over the previous nine years. There is no doubt that the increasing reliance on mobile gaming is reason enough to convince you to invest in the future of gaming.
gaming economies growing
The games are expanding from traditionally known regions to other regions. In the past, many people believed that games were only useful to businessmen from the West. That was wrong!
Today, Southeast Asian countries such as the Philippines, Indonesia, Vietnam, Singapore, Malaysia and Thailand are the new gaming frontiers. These gaming markets have come up with a new approach to gaming.
The result is a complete diversification of the gaming industry.
So, how do you get a piece of the pie in the lucrative and ever-changing gaming industry? Let’s look at a few smart ways to invest in the future of gaming.
Invest in video games
This isn’t the first time you’ve seen me mention video games. They are the next big thing. Well, video games have been around for a long time but that doesn’t mean you can’t put your money and effort into this sector.
Although the sector includes major players such as Take Two Interactive (TTWO), Nintendo (OTCPK: NTDOY), Activision (ATVI), and Electronic Arts (EA), you can still find a slot. One way is to team up with these publishers or do something similar to what they do.
Don’t worry if you don’t get returns right away. It takes time for customers to trust you. Constancy is imperative.
Invest in gaming hardware (indirectly)
Again, make sure there are strongholds of industry. I’m talking about companies that supply gaming hardware like Microsoft (MSFT) and Sony (SNE). It is true that these companies have many gaming products on the market or in the pipeline.
However, by being a part of the process, you will be on the verge of building a strong reputation for yourself in the system that has made your competition thrive.
Other ways you can invest in the future of gaming include high-risk but high-reward companies that are using everything they have for the future of gaming.
Vs INC Systems
This company trades in Canada using the VS Index. They focus on creating a powerful integrated prize system, which enables bettors to win prizes while enjoying their various games. Recently, the company entered into an integrated partnership with Devil’s Third Online.
With this kind of integration, it means that there is still enough room for subsequent partnerships.
Fantasy 6 Sports Inc
This company is still traded in Canada as FYS. The company is moving towards augmented reality and virtual reality technology. If that’s your thing, it might be a good opportunity for you to invest in the future of gaming.
Conclusion
There is just enough for everyone who wants his or her luck in the future of gaming. The companies that are trading today as high-share players in the industry started low. In fact, some, like Devil’s Third Online, had to rebrand before customers accepted them.
If you really want to get into the gaming industry, now is the time. Don’t procrastinate. Take action today and be among those who reap huge profits when the gaming industry reaches a projected high of $314 billion by 2026.
Marco Rinaldi’s story
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