HIRE DEDICATED RESOURCES

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
  • SERVICES
    • 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
    • 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
  • DEDICATED HIRING
  • 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

What are the 7 Crucial Design Elements Used in Games?
What Made Ludo Games Popular During COVID-19 Lockdown
Can Microsoft’s Acquisition of 5 Gaming Studios Benefit the Industry?

Join Our Newsletter

I need help with…

Game Development

App Development

Art & Design

Enterprise Solution

Digital Marketing

Recent Posts

  • How Will Metaverse Change the Education System?

    How Will Metaverse Change the Education System?

    Industry experts are quite optimistic about the...
  • Trends of PHP Development

    What are the Latest Trends of PHP Development in 2023?

    Setting up a secure, robust, scalable, and resp...
  • How Blockchain Technology is Redefining Gaming Experience

    How Blockchain Technology is Redefining Gaming Experience?

    In the beginning, the centralized infrastructur...
  • What are the Top 10 VR App Ideas for Entrepreneurs?

    Every business is prioritizing the utilization ...
  • Top Mobile App development trends 2023

    What are the Top Exciting Mobile App Development Trends for 2023?

    Nowadays, mobile applications are equipped with...

Recent Comments

    Categories

    • 3D game development
    • 3D Printing
    • AMP
    • Android App Development
    • Android Games
    • App development company
    • App market growth
    • App market trends
    • AR App
    • AR Games
    • Art & Design
    • Artificial Intelligence
    • augmented reality companies
    • backend
    • Beacon technology app
    • Blockchain
    • Business
    • Casino Game Development
    • Casino Games
    • Character Modeling
    • Christmas offer
    • Cloud Computing
    • Cocos2DX game development
    • Coronavirus situation
    • Covid-19
    • Dedicated hiring
    • Digital Marketing
    • E Commerce Solutions
    • e-Gaming
    • Esports Trends
    • Event
    • Event Management App Development
    • Extended Reality
    • Fun at Work
    • Gambling game apps
    • Game Based Learning App
    • Game Design
    • Game Development
    • Game development workshop
    • Game Monetization and Publishing
    • Game Porting
    • Gamification
    • gaming industry growth
    • Gaming Technology Trends
    • Growth hacking strategies
    • Hr Trends
    • HTML5 Game Development
    • HTML5 Games
    • Hyper casual game
    • Industry News
    • Industry Trends
    • Internet of Things
    • iOS App Development
    • iOS Apps
    • IOT
    • live game streaming market
    • Metaverse
    • Mixed Reality
    • Mobile App Development
    • Mobile App Prototyping
    • Mobile App Publication
    • mobile app security
    • Mobile Apps
    • Mobile Game Development
    • Mobile marketing
    • Mobile Website
    • News
    • NFT
    • PHP Development Company
    • progressive web app development
    • Project Management
    • React Native
    • Real Money Game Development
    • Social App Development
    • Technology
    • UI/UX Design
    • Uncategorized
    • Unity Games
    • Unreal Game Engine
    • VR App Development
    • vr game development
    • VR Games
    • 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 4.7/5 based on 72 customer reviews
    Rating

    RESOURCES

    • Accomplishment
    • Blog
    • FAQ
    • Careers

    GoodFirms Badge

    Delhi

    DLF Prime Tower, Unit No. 308, 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

    • 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


    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.