Gaming Industry Insights: The Xsolla Report Reveals Exciting Opportunities
Global video game commerce company Xsolla has recently unveiled its highly-anticipated publication, “The Xsolla Report: The State of Play”. This groundbreaking research aims to serve as a key resource for individuals involved in the ever-evolving gaming industry and game development community.
A Comprehensive Exploration of the Gaming Landscape
“The Xsolla Report: The State of Play” provides a comprehensive investigation into the essential components influencing the global mobile games industry, encompassing payments, mobile gaming, and product development. With the gaming market projected to reach an astounding $211.2 billion by 2025, this report offers invaluable insights into the forthcoming opportunities for industry stakeholders.
Moreover, in addition to providing an overview of the current gaming landscape, the report presents a robust guide for the future of the games market. It offers actionable insights, in-depth analyses, and expert perspectives that will prove instrumental for both developers and publishers alike.
Explosive Growth in Real-Time Payment Transactions
The report highlights a transformative shift in the global real-time payment transactions landscape. In 2022, the sector witnessed a remarkable $195 billion in transactions, showcasing a substantial year-on-year growth of 63.2 percent.
Based on current trends, the report estimates that this figure will skyrocket to an astonishing $511.7 billion by 2027, assuming a consistent year-on-year growth rate. It further predicts that 28 percent of all global electronic payments will be conducted in real time by that time.
Cloud Gaming Soars in Popularity
According to the report, cloud gaming continues to experience significant growth, with 34 percent of gamers indicating a willingness to spend between $10 and $30 monthly. This demonstrates not only the escalating appeal of cloud gaming solutions but also the need for continuous innovation and investment in this sector.
Brazil Emerges as a Global Leader in Real-Time Transactions
The report highlights Brazil as a global frontrunner, accounting for a substantial 15 percent of all real-time transactions worldwide in 2022. With a remarkable year-on-year growth rate of 228.9 percent, Brazil ranks as the third fastest-growing real-time payments market in the world.
A Promising Outlook for the Future
Chris Hewish, CEO of Xsolla, emphasizes the significance of “The Xsolla State of Play Report” as more than just an industry summary. He states that it serves as a comprehensive playbook, guiding industry leaders and game developers through the intricate elements of the gaming ecosystem.
Hewish further adds, “Acknowledging that 2022 was a challenging year for many, we see 2023 as a year of rebound. Our report delves into market trends, technological advancements, and shifts in consumer behavior to equip game developers and industry leaders with the insights they need for a successful turnaround.”
Unveiling Future Installments
The first edition of “The Xsolla Report: The State of Play” is now available for complimentary download, providing invaluable insights into the gaming industry. In January 2024, a subsequent edition will be released, presenting game developers and industry professionals with in-depth analyses from the previous year and actionable insights tailored to meet the challenges and opportunities of the evolving gaming landscape in 2024.
To secure your copy and gain indispensable knowledge about the gaming industry, visit the Xsolla website and download now.