The Booming Gaming Industry

The impact of COVID-19 on Gaming Industry:

COVID-19 is a deadly viral disease that is caused by coronavirus which falls under coronavidae
group of viruses.

Gaming industry deals with the development of video games.

A video game is an electronic game that involves interconnection with a user-interface to

generate visual feedback on display devices such as a touchscreen, virtual reality headset or
a monitor.

Why you should invest today in the gaming industry.

Despite the global havoc caused by the novel coronavirus, a surge in Gaming Industry has
been witnessed. Most of the industries have been hit badly by the pandemic, for example
Hospitality, Travel and Education. However, Gaming Industry in recent years has shown
positive growth worldwide with the last year rising to over $150, showing exponential
growth during the lockdown.
The following are the major reasons why the Gaming Industry has shown unequalled
blooming during the global lockdown and the utmost reason to invest in it.

• Aiding families to stay together.

Online games such as Animal Crossing, SKribble to mention a few have helped friends and
families to connect while staying in different geographical regions. Relying on this
information it is without no doubt that as long as COVID-19 is out of control, the gaming
industry will continue to do well.

• Suppression of solitude.
People are social in nature and therefore, they keep interrelating to continue with a healthy
life. The pandemic has interfered with this most valuable character of human beings
through forced measures such as keeping a distance of 1 meter apart and the restriction of
movement in the regions which have been hardly affected by the noel virus. These
eventually lead to solitude which in some cases may amount to boredom. The latter can
lead to health related problems from stress such as hypertension and heart attack.
To reduce the chances of developing such abnormalities, many people take their time to
play games online. In fact, new trends in gaming industries like House-party and integrated
apps have changed the interactivity among people not only in the US but also worldwide.
These apps give you the opportunity to video call with up to 7 friends and play interesting
games simultaneously.

• ​The thundering statistics.

Statistics are useful sources of information to depend on when observing the business
trend. Moreover, according to statistics, all the gaming companies have reported that they
have seen an upsurge in the number of individuals playing games since the global
lockdown.

One of the recent research shows that Steam, categorized among the largest online gaming
platforms, announced that it has broken the record of the most number of concurrent
players on the rostrum. This happened after March 15 when 20.3 million players were on
the stage synchronously.
Not only interactive games such as Fortune, COD, Minecraft, et cetera et cetera are seeing
this rise in users but simple idle games, for instance Click test, Cookie Clickers and so on
have seen a significant spike.

• An increase in mobile game downloads.

Another recent report by Pokkt stated that there was a surge in the number of mobile
game downloads in the month of March 2020, approximately 4 million downloads
occurred relatively higher compared to March which was 2.9 million.

• New video game subscribers.

Also, a paramount information to check on, is the increasing number of video game
subscribers. Consequently, Microsoft-owned Xbox Live reported that it crossed 90 million
monthly active users in April, 2020, apart from the Xbox Game Pass service which
recorded 10 million subscribers in the same month.

• COVID-19 and the future projection of the gaming industry.

Obviously, it is the effect of the ongoing lockdown that the US video game sales have hit a
decade-high in the year 2020. But there is nothing to fear about the future and the fate of
COVID-19. This is so because as people keep on playing games, an interest is developed
which makes the players addicted to the games, and thereafter, repeated playing will be
observed even when the current situation is reinstated to normalcy.
Reference.
The information above can also be found on:
https://www.articlecube.com/covid-19-impact-unprecedented-boom-gaming-industry