Sat. Oct 24th, 2020

Entertainment industry’s biggest winners announced

Indeed, the entertainment industry is one of the most profitable industries in the world. So, which one do you think is the winner in this sector? According to data from Newzoo, people spend more than $ 145 billion. Games are the most spending sector in the world. Mobile games come in first with 45 percent, console in second with 32 percent and PC games in third with 23 percent.

The sector with the most spending in the world is gaming

The gaming industry is more vibrant this year than ever before. Millions of people locked from home for quarantine found fun in games. Because the demand is so high, many new games have entered the market and existing games have become even more popular.

Technology giants are also investing significantly in the game industry. Apple, Arcade, and Amazon are adding to the industry with the acquisition of the Twitch platform and new games produced by it, while Microsoft recently caught the eye with the acquisition of ZeniMax Media. Microsoft signed off on this week’s major news by acquiring ZeniMax Media for $ 7.5 billion. For those of you who don’t know, Bethesda’s parent company ZeniMax Media has popular games like DOOM and Fallout.

The vast majority of the human population is interested in games. Since different age groups love different types of games, billions of dollars in expenses mean more.

Games, which are an important part of the entertainment industry, have gained significant popularity, especially during the quarantine process. It is possible to say that games, which have the potential to reach even more people in the coming years with the evolving technology, are even now at the forefront, they will bring more profit in the years to come.

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By ashish

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