Free Range Games and North Beach Games’ The Lord of the Rings: Return to Moria launched for PC a little over a month ago, while PS5 and Xbox Series X/S ports are also confirmed to be in the works, though it seems the survival crafting title might also be headed for release on additional platforms that haven’t yet been officially confirmed.
Xsolla Reveals Groundbreaking Insights Shaping the Future of Gaming and Game Development - Hardcore Gamer
07.11.2023 - 17:29 / hardcoregamer.com / Hardcore
Xsolla, a globally recognized video game commerce company, has just unveiled its inaugural edition of “The Xsolla Report: The State of Play.” This groundbreaking resource is poised to act as a guiding light for all stakeholders within the ever-evolving gaming industry and game development community.
In the inaugural Fall 2023 edition of “The Xsolla Report: The State of Play,” Xsolla offers a profound exploration of the pivotal domains molding our industry, including Payments, Mobile Gaming, and Product Development. With forward-looking projections pointing to a global gaming market worth a staggering $211.2 billion by 2025, this report offers a distinct perspective on the forthcoming opportunities that await everyone in the industry. It is not merely a snapshot of the current gaming landscape; rather, it serves as a comprehensive and forward-thinking guide packed with actionable insights, in-depth analyses, and expert perspectives. Whether you are a game developer or a seasoned industry professional, this report endeavors to serve as your roadmap for navigating the intricate future of gaming.
Delving into the latest insights from Xsolla, the global real-time payment transactions landscape has undergone a transformative shift. In 2022, this sector reported an impressive $195 billion in transactions, demonstrating a remarkable year-on-year growth rate of 63.2%. Looking ahead to 2027, projections are nothing short of astonishing, with estimates soaring to $511.7 billion, maintaining the same year-on-year growth rate. Anticipations suggest that by then, a significant 28% of all electronic payments worldwide will be conducted in real time. These compelling figures underscore the relentless momentum of the digital payments industry, positioning Xsolla at the forefront of this evolutionary wave.
Another fascinating revelation from the report is that 34% of gamers have showcased their unwavering dedication to cloud gaming, with a willingness to invest between $10 and $30 on a monthly basis. This strong interest not only highlights the growing appeal of cloud gaming solutions but also underscores the critical need for continuous innovation and investment within this dynamic sector.
The report puts a spotlight on Brazil, which emerged as a powerhouse in the digital transaction landscape in 2022. Brazil accounted for a remarkable 15% of all real-time transactions worldwide last year. Notably, with an astounding year-on-year growth rate of 228.9%, Brazil stood tall as the third fastest-growing real-time payments market on a global scale in 2022. This remarkable trajectory emphasizes the crucial role Brazil plays in the broader context of global electronic payments. As Xsolla continues to monitor and engage with
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