Video Game Sales Could Go All Digital by 2022, Analyst Firm Says

Although sales of video games are increasingly digitalized, according to financial analysts, it is possible that 100% of video game sales will be digitized by 2022. It is only four years that you have to tell a goodbye to a physical CD.

Piper Jaffray analysts said on Monday that: "In the coming years, the degree of digitalization of video games will be close to 100%." ​​"It is difficult to judge the exact time, but 2022 is a realistic expectation."

However, analysts' expectations are just a dozen. Piper Jaffray's report emphasizes how the digital revenue of video games will improve the future profitability of companies such as Activision Blizzard and EA, and if it goes according to plan, the operating margin will be 10 % Said it will improve. Take-Two Interactive of Rockstar and 2K Games was probably chosen as an all-digital company based on the success of GTA Online.

At the same time, rumors that next-generation games are heavily dependent on streaming games and the announcement of streaming technology by Microsoft may suggest that streaming media will be seriously considered in the near future. Even CEO of Ubisoft believes streaming media is the next big step for video game developers after next generation hardware.

Again, these reports are based on analysts' expectations and are seeking ways to get higher revenue, but that does not mean they do not have the truth. Based on the announcement of various video game companies, the streaming media is obviously the leader's mind of the industry. Along with that, Sony's 2013 dream may die

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According to analyst firm Newzoo, video games are multi-billion dollar industries and the world gaming market is expected to exceed $ 11.3 billion by 2018. In the Middle East and North Africa, the video game market is growing fast and is expected to grow at an annual rate of 29%. Mobile games in the Middle East are the fastest growing gaming industry in the world and over half of all digital games manufactured in that area. Headquartered in Amman, Na3m Games is a company that has received wide attention recently. Founder and Chief Executive Officer, Fahad Al Saud, Saudi Arabian Prince who graduated from Stanford University and launched a popular social media site in Arabic hired by Facebook in 2008. Na3m is very interesting for several reasons, at least because over one third of employees are female.

As traditional entertainment struggles to build a foothold in the new digital world, video games are booming and evolving into mainstream entertainment. Joost van Dreunen, CEO of analytical company SuperData Research, announced at the Games Beat Summit 2018 on the rise of games against the background of growth in the leading media and entertainment industry. The game is growing, but they are changing and it is still unpredictable. Mr. Van Dreunen said that although the game industry has evolved, traditional industries such as toys are declining. The toy business is affected by long-term production, development, sales cycle, and large inventory expenditure. With the recent surging of exciting textile products, toy makers were unable to attract attention due to the rapid growth in social media.