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If you’re looking for a game with action and role-playing elements, you may want to consider picking up Tiny Tina’s Wonderlands because of its whimsical and outlandish atmosphere. The game allows for single-player and multiplayer modes as players navigate the first-person looter-shooter to stop the Dragon Lord. The piracy of digital PC games is thereby an obstacle to the market.Ĭlick here to read the original version of this story on IFA Newsroom. Piracy is a major threat in the digital PC games industry if the games are compromised within two weeks of their launch and burden with huge revenue losses. This brings in a potential loss of over US$21m (€19.37m), the analyst reports. For instance, Irdeto disclosed that there were 355,664 torrent downloads of a major sports title on pay-to-play (P2P) network. The piracy of digital PC games is a major hindrance to growth, Research and Markets claims.
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The regions covered in the video game software market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. North America was the second-largest region in video game software market. Asia Pacific region leads global marketĪsia Pacific was the largest region in the global video game software market in 2021. For instance, in November 2019, Google launched Stadia, a cloud gaming service capable of streaming video games in 4K resolution at 60 frames per second, in 14 different countries with 22 games during the launch. The advantage of streaming games from the cloud increases the number of users for digital PC games as it eliminates the need for upgrading hardware. This business model is said to provide a continuous revenue stream for the gaming companies instead of limiting the revenues to one-time purchases.Ĭloud gaming in the PC gaming world, meanwhile, is a disruptive platform where the provider runs the game on its servers and then streams back the display and expands the users for premium games. This includes new in-game items, weapons, clothing, or other gear for the player’s character along with in-game currency and rewards. Many video game developers, including major companies such as Activision and Blizzard Entertainment, provide their content through a subscription-based model, and are allowing customers to purchase additional content or features through micro transactions. Cloud GamingĬloud gaming’s rise is another big trend in both the video games and the PC games markets. The increasing demand for digital distribution will drive the digital PC games market. 15% responded that they will have access to the games as soon as they see it on any other platform and 7% responded that they would pre-order to get access to the games when it is launched in the market. The gamers can obtain pre-loaded games when they are pre-ordered and will have immediate access to the games the moment they are launched in the market.Īccording to a survey conducted by along with Ipsos, 30% of respondents considered buying digitally due to the low price that is being offered and 20% bought them for a discount. The advantage of convenience, cross-buying, and ease of storage that are provided by digital distribution impel the players to access PC games digitally.
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Where the digital PC games market is concerned, increasing demand to avail PC games digitally is contributing to the growth of the market, the report says. Stable economic growth is expected to increase investments in end user markets, thereby driving the market during the forecast period. Recovering commodity prices, after a significant decline in the historic period, is further expected to aid the market growth, says the report.Īdditionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period.
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Drivers for growthĪccording to the report, other big drivers in the video game software market included rapid growth in emerging markets in the forecasted period. Growth is also expected for the PC games market, from US$9.19bn in 2021 to $10.80bn, with compound annual growth rates of 14.9% and 17.5% The respective reports can be found here, and here. According to a report from Research and Markets, global markets for video games will grow significantly, from US$197.54bn in 2021 to US$226.97bn in 2022.
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