DEDICATED HIRING

Mobile Game Development Company India, USA

Mobile Game Development Company India, USA

Red Apple Technologies Pvt. Ltd. is a trusted name for mobile app and game development.

T +91 8017779602
Email: info@redappletech.com

GST: 07AAFCR0621L1ZG
CIN: U72300DL2014PTC270628

Open in Google Maps
info@redappletech.com
Whatsapp
+918017779602
  • SERVICES
    • MOBILE GAME DEVELOPMENT
      • Unity Game Development
      • HTML5 Game Development
      • AR & VR Game Development
      • Unreal Game Development
      • NFT Game Development company
      • Metaverse Game Development Company
      • Blockchain Game Development
      • Gamification Services
    • MOBILE APP DEVELOPMENT
      • iOS App Development
      • Android App Development
      • Web App Development
      • AR & VR App Development
      • IoT App Development Company
    • SOFTWARE DEVELOPMENT
      • Node Js Development Company
      • React Native App Development Company
      • Flutter App Development Company
      • PHP Development Company
      • Ecommerce Website Development Company
    • Art & Design
      • 3D Art Development Company
      • 2D Art Development Company
    • MORE SERVICES
      • Enterprise Solution
      • Digital Marketing
  • PORTFOLIO
    • GAMES PORTFOLIO
    • APP PORTFOLIO
    • ART & DESIGN PORTFOLIO
    • AR & VR PORTFOLIO
  • HIRE US
  • CASE STUDY
  • COMPANY
    • ABOUT US
    • INDUSTRY
      • AUTOMOBILE INDUSTRY
      • E-COMMERCE INDUSTRY
      • FASHION INDUSTRY
      • GOVERNMENT INDUSTRY
      • HEALTHCARE INDUSTRY
      • MEDIA & TELECOM INDUSTRY
      • SOCIAL NETWORK INDUSTRY
      • TRAVEL & TOURISM INDUSTRY
    • ACCOMPLISHMENTS
    • CLIENT TESTIMONIALS
    • CAREERS
  • BLOG
  • CONTACT US
Quick Enquiry

Why Investment In the Gaming Industry Is not Restricted Even During COVID-19

by ARUP ROY / Thursday, 07 May 2020 / Published in Game Development, Industry News

Games have always attracted people of all ages as a popular form of entertainment across the globe. With days passing science and technologies have progressed a lot and their presence is widely felt in the game development industry. Even in some cases today’s digital games have surpassed the traditional games both in terms of look and feel.

Through this post you will get to know why game development is considered to be lucrative now and how it is expected to boom in spite of the global lockdown owing to the outbreak of COVID-19 pandemic.

Trends and Growth Patterns of E-sports

According to a popular market research company it was earlier expected that considering the current status of game development all over the world it will fetch a revenue of 1100.1 million dollars by 2020. But owing to the coronavirus outbreak things have changed slightly. The same company is of the opinion that by 2020 the revenue generation will stand at 1059.3 million dollars. This shows that even strict confinement in emergency scenarios cannot deter the spirit of game developers and the gamers alike. Hence investors who wish to make fortunes from this realm can feel free to come and invest their earnings to reap more fortunes and popularity.

The analysis of the market research company also shows that from 776.4 million dollars in 2018 the esports revenue growth will reach upto 1598.2 million dollars in 2023.


Why There Is a Sudden Change in the Financial Prospects of the Gaming Sector

Owing to the coronavirus pandemic the entire world is going through a phase of unprecedented and upsetting situations. In spite of the negative attributes it has also brought some silver linings for the gamers and its developers. The esports streaming revenues will grow faster than expected owing to the postponed and cancelled events all over the world. There has been a higher viewership because of the global quarantine and hence new entrants are expected in the market.

The revenue forecast for team streaming is expected to be 19.9 million dollars from 18.2 million dollars by 2020 and it is anticipated to reach around 34.4 million dollars from 31.6 million dollars in 2023.

This can definitely be considered as one of the promising ways to invest in the gaming industry even now.

How Gaming Market Trends 2020 Can Benefit Investors

Investors always look for prospects into those areas for which they intend to put their money in. Game development avenues are no exceptions in this regard. By looking at the financial and expansion status of games and its revenues it is quite evident that investors will definitely look up to the space of game making so that they can receive good returns. But they have to be a bit careful in assessing the genres that have more players attached.

Although all categories of games are created to attract and engage the gaming enthusiasts. But there are only a few that can actually set trends and become globally popular and successful. Investors have to keep an eye on those genres so that their investments become worthy.

Why You Should Invest in the Gaming Industry

Game development is a challenging task and has evolved a lot in recent years owing to the use of advanced technologies and tools. With the increase in the number of smartphone users, the demands for games have also gone up. So to keep pace with the increasing demands companies are coming up with unique concepts and services to enhance the look and feel of the games along with making them exclusive and immersive.

Now keeping in mind the global lockdown phase games have become the sole sources of entertainment for all those who are keeping indoors including both avid and casual gamers. With the extension in this lockdown, games have become more prominent and popular. The above mentioned statistics are compelling enough for investors like you to invest in this business and expect good returns.

Your investment can be a boon for even an established game development company to turn your dreams into reality by being distinctive and delivering customised solutions to stand out.

Conclusion : If you are passionate about technologies and digital games and wish to invest in this industry do not hesitate twice as this is the right time for your profitable income. COVID-19 has indirectly created opportunities for investors to boost the gaming business and entertain the gaming enthusiasts with innovative and unforgettable experience. Even an established mobile game development company needs investment to make games distinguished for the target customers.

Spread the love
0
Tagged under: game development company, gaming market trends 2020, invest in the gaming industry, mobile game development company, why invest in gaming industry

What you can read next

How Will You Earn Through Mobile Game Development
How Mind Blowing Games are Created in 5 Easy Steps
Unity Game Development
What is Unity Game Engine and Why It Is Used for Game Development?

Join Our Newsletter

I need help with…

Game Development

App Development

Art & Design

Enterprise Solution

Digital Marketing

Recent Posts

  • virtual reality in healthcare industry use cases and benefits

    How is VR Revolutionizing Healthcare? Discover the Top Benefits and Use Cases

    Massive utilization of Virtual Reality (VR) acr...
  • Hybrid Casual Game Development company

    Top Hybrid Casual Game Development Company that You Should Know in 2023

    Flaunting a robust market value of over $300 bi...
  • Top 2D Game Development Companies

    Top 10 2D Game Development Companies that You Should Know in 2023

    Initially, video games used to be developed in ...
  • Blockchain game ideas

    Best Blockchain Game Ideas for Entrepreneurs to Look for in 2023

    The video game industry is gradually evolving a...
  • 10 Best Tips to Follow Before Developing a Game

    10 Tips that You Should Know Before Game Development

    The industry of game development is offering en...

Recent Comments

    Categories

    • 2d and 3d game development
    • 2D Game Art Development Company
    • 2D game development companies
    • 2d vs 3d games
    • 3D game development
    • 3D Printing
    • AMP
    • Android App Development
    • android app development companies
    • android app development company
    • Android Games
    • App development company
    • App market growth
    • App market trends
    • AR App
    • AR Games
    • Art & Design
    • Artificial Intelligence
    • Arup Roy Interview with Hindustan Times
    • augmented reality companies
    • backend
    • Beacon technology app
    • Blockchain
    • Business
    • Casino Game Development
    • Casino Games
    • Character Concept Art
    • Character Modeling
    • Christmas offer
    • Cloud Computing
    • Cocos2DX game development
    • Coronavirus situation
    • Covid-19
    • Dedicated hiring
    • Digital Marketing
    • E Commerce Solutions
    • e-Gaming
    • Education App Ideas
    • Esports Trends
    • Event
    • Event Management App Development
    • Extended Reality
    • Fantasy Sports App Development
    • Fun at Work
    • Gambling game apps
    • game art outsourcing companies
    • Game Based Learning App
    • Game concept Art
    • Game Design
    • Game Development
    • game development companies
    • game development process
    • Game development workshop
    • Game Monetization and Publishing
    • Game Porting
    • Gamification
    • gaming industry growth
    • Gaming Technology Trends
    • Growth hacking strategies
    • Healthcare App development
    • Hindustan Times Reports
    • Hire dedicated designer
    • Hr Trends
    • HTML5 Game Development
    • HTML5 game development company
    • HTML5 Games
    • Hybrid Games
    • hybrid-casual games
    • Hyper casual game
    • hyper casual game development
    • Industry News
    • Industry Trends
    • Internet of Things
    • iOS App Development
    • iOS Apps
    • IOT
    • live game streaming market
    • Metaverse
    • Mixed Reality
    • Mobile App design
    • Mobile App Development
    • Mobile App Prototyping
    • Mobile App Publication
    • mobile app security
    • Mobile Apps
    • Mobile Game Development
    • mobile game development company
    • mobile game development company
    • mobile game ideas
    • Mobile marketing
    • Mobile Website
    • News
    • NFT
    • NFT Game Development
    • PHP Development Company
    • Play to Earn Games
    • progressive web app development
    • Project Management
    • React Native
    • Real Money Game Development
    • Social App Development
    • Technology
    • tips before developing games
    • top 10 2D game development companies
    • top 10 game art outsourcing companies
    • Top 10 Game Development Company in India
    • top 10 html5 game development companies
    • Top 10 VR game development companies
    • UI/UX Design
    • Uncategorized
    • Unity Games
    • Unity Games
    • Unity3D Game Development Company
    • Unreal Game Engine
    • virtual reality app development
    • VR App Development
    • vr game development
    • VR Games
    • VR in education
    • VR in healthcare
    • Walk-in-Interview
    • Web 3.0
    • Work from Home

    GET A FREE QUOTE

    Please fill this for and we'll get back to you as soon as possible!

    SERVICES

    • Game Development
    • App Development
    • Art & Design
    • Enterprise Solutions
    • Digital Marketing
    • Unity Game Development
    • Unreal Game Development
    • HTML5 Game Development
    • AR & VR Game Development
    • Android App Development
    • iOS App Development
    • Web App Development
    • AR & VR App Development

    RATING

    Red Apple Technologies Pvt. Ltd.
    Rated 4.6/5 based on 90 customer reviews
    Rating

    RESOURCES

    • Accomplishment
    • Blog
    • FAQ
    • Careers

    LOCATION BASED SERVICES

    • Game Development Company New York
    • Game Development Company Texas
    • Game Development Company California
    • Game Development Company London

    GoodFirms Badge

    Delhi

    DLF Prime Tower, Unit No. 312, Third Floor,
    Okhla Phase - 1, New Delhi - 110020

    Hyderabad

    CIE, Vindhya C4, IIIT Hyderabad
    Gachibowli, Hyderabad, Telangana 500032

    Kolkata

    Mani Casadona, West Tower, Unit No: 6WS1,
    6th floor, Plot No: 11F/04, Action Area: IIF,
    New Town, Rajarhat, Kolkata- 700156

    +918017779602

    Texas

    7513 valley Stream suite 1120
    Denton Texas, 76208 USA

    Sweden

    Högalidsgatan 40, 117 30 Stockholm,
    Sweden

    GET SOCIAL

    • Twitter
    • Artstation

    GST: 07AAFCR0621L1ZG    
    CIN: U72300DL2014PTC270628

    © All rights reserved. Red Apple Technologies Pvt. Ltd. | Privacy Policy | Balance Sheet

    TOP

    DOWNLOAD CASESTUDY


    DOWNLOAD CASESTUDY


    DOWNLOAD CASESTUDY


    DOWNLOAD CASESTUDY


    DOWNLOAD CASESTUDY


    Let's stay in touch!

    Subscribe to our newsletter & get latest industry updates directly to your inbox.

    You have successfully subscribed to the newsletter

    There was an error while trying to send your request. Please try again.

    Mobile Game Development Company India, USA will use the information you provide on this form to be in touch with you and to provide updates and marketing.