Is Gaming Bigger Than Sports?

Is Gaming Bigger Than Sports
Video game industry bigger than sports, movies combined: report Getty Images The video game industry has grown to be bigger than the sports and movie industry combined, Tuesday. The news outlet reported that global video game revenue is expected to increase 20 percent in 2020, making $179.7 billion, according to data from IDC.

The biggest gain is expected to come from mobile gaming, according to the news outlet, which is expected to surge 24 percent to $87.7 billion.
Part of this is due to China recently lifting a ban on gaming consoles.
Game console revenue is expected to soar to $52.5 billion this year, while PC and Mac games are expected to make $39.5 billion.

The news outlet notes that revenue for PC-gaming took a hit due to the closure of popular iCafes in China due to the coronavirus pandemic. The growth in the video game industry follows single-digit growth in the previous two years. Experts told the news outlet that the growth will continue into 2021 after Sony and Microsoft introduced new gaming consoles.

Meanwhile, the global film industry, which has taken a hit due to the coronavirus pandemic, brought in $100 billion in revenue in 2019 for the first time, Variety,
And MarketWatch notes that the global sports industry, which has also experienced hardship due to the pandemic, is estimated to bring in more than $75 billion this year.

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Is gaming the biggest form of entertainment?

Gaming Industry Dominates as the Highest-Grossing Entertainment Industry The video game industry has been growing at an astonishing rate in recent years, and it’s no secret that it’s a lucrative business. But you might be surprised to learn just how much money the gaming industry is making in comparison to other entertainment industries.

According to recent data, the gaming industry is now making more money than the music and movie industries combined. According to a report by SuperData Research, the global gaming market was valued at $159.3 billion in 2020. This includes revenue from console games, PC games, mobile games, and esports.

To put that in perspective, the music industry was valued at $19.1 billion in 2020, while the movie industry was valued at $41.7 billion. That means the gaming industry is making more than three times as much money as the music industry and almost four times as much as the movie industry.

One of the main reasons for the gaming industry’s success is the increasing popularity of mobile gaming. Mobile games accounted for more than half of the global gaming market in 2020, with $86.1 billion in revenue. The rise of smartphones and tablets has made it easier for people to access and play games, and the increasing availability of high-speed internet has made it possible for mobile games to be more sophisticated and engaging.

Another reason for the gaming industry’s success is the increasing popularity of esports. The esports industry was valued at $1.1 billion in 2020, and it’s expected to continue growing in the coming years. The rise of streaming platforms like Twitch and YouTube has made it easier for people to watch esports competitions, and the increasing availability of esports leagues and tournaments has made it easier for people to participate in esports.

In conclusion, the gaming industry is now making more money than the music and movie industries combined.
The increasing popularity of mobile gaming and esports, as well as the rise of streaming platforms, has driven the growth of the gaming industry in recent years.
With the continuing advancements in technology and the increasing acceptance of video games as a legitimate form of entertainment, the gaming industry is expected to continue growing in the future.

: Gaming Industry Dominates as the Highest-Grossing Entertainment Industry

What is the gaming industry bigger than?

Gaming makes a lot of money. Now, Tech wants a piece of it ? In the last decade, the gaming industry has been smashing Hollywood’s earnings out of the park! Just in 2021, the Global “Games Market” had a whopping $180BN in revenue. In fact, Gaming is bigger than Hollywood and the music industry combined.

Top games are earning more than the big blockbusters. The top sellers include Grand Theft Auto V, Red Dead Redemption Two, Fall Out 4 and the Call of Duty franchise. Looking into the numbers. The Grand Theft Auto V game has raked in more than $6BN, according to Marketwatch. Compare that to Avatar, the highest grossing movie ever at $2.8BN.

As a result, Video game companies have become hot commodities and @thingshavechangedpod we break down the feeding frenzy that has taken over the gaming industry! Links:

Gaming Makes More Money than Movies! Gaming is the new Big Tech battleground Microsoft, Sony acquisitions are just the start of massive video game industry consolidation

Is gaming bigger than the NFL?

Gaming industry revenue is bigger than major sports leagues – NOW Magazine In the first week after the World Health Organization declared a pandemic on March 11, U.S. telecommunications giant Verizon reported a stunning 75 per cent increase in video-game traffic during peak-hour usage.

VPN (virtual private network) usage was up 34 per cent, whereas web traffic rose 20 percent and video traffic increased by 12 per cent.
Social media usage, on the other hand, remained the same.
In an published over the long weekend, Havas Media’s senior vice president and group director of communications strategy, Paul Traeger, suggested that “gaming has exploded like never before to become the new social currency and a cultural force.”

“To put the opportunity into perspective, consider that gaming is now a $139 billion a year (and growing) business, making it bigger than the NFL, NBA, MLB and the NHL combined,” Traeger wrote. “From an eSports perspective, the $30 million prize pool for Dota 2: The International was almost three times larger than that of either the Super Bowl or the Masters Tournament.” Newzoo had a, saying the global games market would achieve revenues of $152.1 billion in 2019, with the U.S.

This has spawned several eSports tournaments sponsored by some of the best-known brands in the world, including Louis Vuitton and Nike.
If this trend continues, it’s conceivable that in the next few years, the world’s biggest eSports stars could become as famous as pro athletes like Serena Williams, Sidney Crosby, Steph Curry, and Tom Brady.
In January, Dot Esports listed the largest prize money winners in eSports history.

Topping the list was Danish Dota 2 champ Johan “N0tail” Sundstein at $6.8 million, followed by American Fortnite ace Kyla “Bugha” Giersdorf at $3 million. According to liquipedia, Vancouver eSports star Artour (“Arteezy”) Babaev has lifetime earnings of nearly $2.25 million.

Is gaming a huge industry?

Key Takeaways –

Video games have been around for decades, but their popularity has increased in recent years.The video game sector is larger than the movie and music industries combined. Tech giants Google, Meta, and Apple have all made plans to enter the gaming industry.Subscription streaming services are the future and will be beneficial to video game companies.Technical innovations, expanding market demographics, and an increase in video game-related merchandise have all contributed to the video game industry’s new scope.

What is the size of the gaming industry?

Gaming Market Overview The gaming market size was valued at $197.15 billion in 2021. The market is expected to grow at a CAGR of 10.1% during the forecast period (2022-2030). The increasing adoption of smartphones and 5G technology is expected to bode well for market growth.

Is gaming more popular than ever?

Two-thirds of people in the US under 18 years old play video games online, putting it only behind watching YouTube videos as an activity, per PC Magazine.With the new release of widely popular video games and next-generation consoles, in addition to strong consumer spending on games, the industry could see explosive product sales in 2023.Do you work in the Marketing, Media & Advertising industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research.

Though video gaming has been around for decades, it was the entertainment of choice for many during the pandemic. Average time spent gaming soared 16.5% between 2019 and 2020, from 12.7 to 14.8 hours per week, according to The NPD Group. That growth rate barely slowed in 2021, with time spent growing to 16.5 hours.

What is the biggest type of entertainment?

Conclusion – With a market size of $717 billion, accounting for 6.9% of the U.S. total GDP, it can’t be understated just how massive the Media and Entertainment industry is. After all, we likely interact with streaming services, TV, games, music, books, and other vital aspects of the industry every single day.

What is the world’s biggest entertainment industry?

Key Takeaways –

Comcast Corporation, the Walt Disney Company, and Netflix are the top three entertainment companies by TTM revenue.The entertainment industry includes companies that provide streaming, television, gaming, music, and telecommunication services.The largest companies include those headquartered in the United States, China, or Japan.

Is gaming more popular than football?

When kids talk about Tyler “Ninja” Blevins and his gaming streams on Twitch, they speak of him as if he were LeBron James or Tom Brady. They analyze the 26-year-old’s every move in the battle royale game “Fortnite.” They quote his kill ratios and stats.

They emulate his tactics and moves as they dream of becoming competitive gamers. Technology consulting firm Activate estimates more than 250 million people watch esports, sometimes known as electronic sports or professional gaming, and most of them also play. His viewers propelled Blevins to the cover of ESPN The Magazine, which branded him gaming’s first “crossover star.” He averages more than 72,000 viewers during competitions, has access to more than 12 million followers, and nets about $300,000 a month in streaming revenue.

Blevins is one among many gaming superstars—and that elite group is about to get bigger. By 2020, Activate suggests that 70 million people will watch a single esports final, which is higher than the viewership for U.S. professional baseball, soccer, and hockey finals. Is Gaming Bigger Than Sports Activate projects that in the United States esports will have more viewers than every professional sports league but the NFL by 2021. They project that there will be 84 million viewers of esports, higher than the 79 million MLB viewers or the 63 million NBA viewers.

This is still dwarfed by the 141 million NFL viewers.
Go to a tabular version of esports viewers in the United States at the bottom of the page.
Though the popularity and pay of gamers like Blevins is rare and the industry is still new, “everyone has to take note of how fast it’s growing,” said Eunkyu Lee, professor of marketing and associate dean for global initiatives at the Martin J.

Whitman School of Management at Syracuse University. Unlike football or cricket, esports is not rooted in any region or culture, so it has a more global appeal, Lee said. “In today’s world, being able to reach billions of eyeballs is very important for building the product’s commercial value.”

What is the fastest growing form of entertainment?

Investing in the World’s Fastest Growing Sport Video games have evolved significantly over the last thirty years. As the games have changed, new arenas have, quite literally, been opened. Players competing around the globe suddenly had leaderboards which stretched across continents. Thus began the dawn of a new era.

The dawn of the Esports athlete. Tournaments with big prize money and sponsored teams began to pop up all over the globe. It didn’t matter if you could dribble a basketball or throw a 90-mph fastball. You don’t have to be the tallest or the strongest in the world of Esports. You need acute senses, deft accuracy, and impeccable strategy.

Suddenly, anyone could become a legend. Ultimate in Spectator Sports These video games are not just for kids anymore. An entire generation of adults was raised on video games, myself included. The numbers are staggering. It’s estimated that 2.5 billion people around the globe play video games, including 2 out of every 3 Americans.

The games themselves grow in popularity each year. The Steam platform alone has grown from 8 million concurrent daily users in early 2015 to nearly 17 million to start 2019. Today, there are an estimated 454 million Esports views worldwide. That number is estimated to grown to 645 million by 2022. That means that more people watch video games than Netflix, Hulu, HBO and ESPNCOMBINED.

Speaking of ESPN, the popular sports network and website provides Esports coverage. League of Legends is very prevalent on the site. The giant of Esports viewership, LoL is truly in a league of its own. The 2018 LoL World Finals had nearly 100 million viewers.

Projected Growth of Esports
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It’s not going to end any time soon. We are seeing the very beginning of the Esports craze. While the games themselves may change over time, the underlying trend will not let up. Gaming is the fastest-growing form of entertainment in the world. Revenues have been increasing globally at a clip of 9.7% per year.

Last year, video game revenues totaled $139 billion.
By 2022, the global video game market is estimated to be nearly $200 billion.Continued,
It’s hard to exaggerate the present boom and future potential of Esports and the video gaming industry.
Much like with Netflix and Facebook in their emerging stages, fortunes could be made on innovative companies by those who get in early.Zacks has just released a Special Report that pinpoints 5 powerful stocks to add to your portfolio.

All are sound investments that have potential to skyrocket as the industry continues to accelerate.- There are two easy plays to get invested in Esports phenomenon. The first is by investing in the companies which develop the games themselves. New games are being created all the time.

Who knows what the next gaming sensation will be? These video game developers make money off sales of the games they develop.
In some cases, like in League of Legends and Dota, the games themselves are free to play.
Anyone with a computer can log on and try their hand at these gaming crazes.
The next easy way to invest is through hardware.

There are several manufacturers out there in the semiconductor industry making hardware specifically tailored for the demands of gaming. These companies make the graphics cards which PCs need in order to run these games. You also have companies which manufacture gamer-targeted peripherals like keyboards, monitors, headphones, controllers and mice.Even within these two investment choices, you can gain exposure to different markets.

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Jumping into every stock that has exposure to Esports is not the way to play this new trend. Stick to the basics, looking for stocks with strong earnings trends which are in this growing field. That way, you stack the odds in your favor, with solid companies that have strong growth projections and a sturdy foundation.

The easiest way to find these stocks is by leaning on the time-tested strength of the Zacks Rank.
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There are many stocks to tap the Esports phenomenon, but I have narrowed the list to 5 special companies that are solid investments now and have extreme growth potential in months and years to come.This space offers the best of all possibilities: It’s booming and yet still emerging.

The earlier you get in the greater your potential for serious gains. Our Special Report guides you through this opportunity and provides stocks to take full advantage of it:• Computer hardware giant with a new generation of products• Manufacturer of peripherals for gamers with features that stand out above competitors• Parent company of one of the world’s most downloaded games• Game developer on the cusp of what looks to be a monster turnaround• Foreign internet tech company with an almost limitless upsideGood Investing,David Bartosiak Dave, a Zacks Stock Strategist, shares his expertise in detecting new trends and tracking momentum and earnings surprises.

Is gaming bigger than film and music?

Oscar Michael: Games Industry is Bigger Than Movie and Music Industry Combined Globally It is exciting to learn of a creative enterprise with the potential income that knocks music and movies over. That is one of the discoveries from the encounter between the GAMING WEEK TEAM and Oscar Michael Esio, Founder of Africomicade, a gaming concern, with which he hopes to make a positive statement across Africa Can you take us through the defining moments when you became known as a gamer /and a professional in the gaming industry? That would be as far back as 2015/2016.

That would be when I was working at the Centre for Tech.
That’s an organisation that focuses on training children and youth in STEM skills.
So we used to teach them game design, animation and so much more, and that’s really where my career started.
In Lagos? Yes, Lagos, Nigeria, at Ogba, Ikeja.
So, I started out as a games facilitator, so I used to teach people how to build games using construct and unity, but then very quickly moved on to become Head of Operations where I was managing events, organising events, building programmes, educational programmes as well, as well as hosting Africacomicade And that’s really where my career started.

What would you say was the game that really sustained your interest in planning Africacomicade? I wouldn’t really say it’s a game that made me start Africacomicade. It’s all about business sustainability for me. The games industry out there is bigger than the movie and music industry combined globally.

But in Africa, that’s not the case. A news report in 2021 states the African games industry is $580 million. But how many per cent of African game studios are getting up to that amount? Not up to one per cent. So for me what’s really driving me is the need to ensure that African creatives benefit from this market.

The industry is huge. The opportunities are there, but their ability to grow a business is very slim for African creatives. And that’s what’s striking. Would you say then that you are inching closer to this vision of yours? Yes, definitely. Day by day, with every activity we do, with every event and all, we’ve been able to achieve some amount of success.

We track our activities.
We do our evaluations yearly.
And over the years, we’ve not just been able to bring some impact.
We’ve seen progressive growth, and that’s really exciting.
What are some of the things in your estimation that drive the passion of the gaming community in Nigeria today? The passion is undoubtedly there.

Nigerians are gamers, contrary to what the world thinks. Globally, most people wonder if there are gamers in Nigeria. Most people have a very limited idea of what Africa really is on the ground. So we have gamers and then we have game developers. Both have passion, but what is lacking is a means to convert that passion into something you can say you have a career in.

And that’s what’s available out there that is not here. So right now, passion is still the main driving force. Year in, year out, we’re getting closer to seeing more people say that they have a career in the video games industry. Can you put a figure on that number of people? In Nigeria, currently, I could say like genuine interest and people striving, I could put the figure at 200.

Although it still looks like a small number. I don’t want to be over-ambitious, right? And if I look across Africa, Sub-Saharan Africa especially, I would say about 500 people. Once more let’s not forget, year in, year out, this is a collective number because some years cannot be 500 or 1,000.

But the number of people that are able to stay on the path falls yearly, because as you know the economy in Africa is not the best right now even globally, so people have to find a means to sustain their life.
Was it ambition that drove you to make Africacomicade a continental thing instead of just Nigeria? A lot of people say it’s ambitious.

How do they say it? Go big or go home, right? So the reason why we focus across Africa is the market size in terms of stakeholders in Africa is still very small. It’s a growing industry. So if you want to focus on Nigeria, which is actually still good, you have a very limited number of people to work with.

And let’s not forget there is competition and other things in place. However, on the development side, when you look across Africa, our problems are very much similar. So what that means is to create a stronger front, especially when you look at the fact that out there in the West and the East, people consider Africa as a country, not a continent.

Most people think of Africa as just one place, whereas that’s not the case. But seeing that we have similar problems, the entire idea was to get like-minded people and bring them together and see how we can collaboratively tackle this issue. Create more presence for Africa, connect more creative opportunities from Africa and with remote culture right now.

Why limit yourself, really? In tackling these issues, has it been a smooth sail, or did you overcome some obstacles? Definitely not smooth. It’s been a very bumpy ride. However, it’s been fun and fulfilling along the way. One of the biggest challenges is education, and you come to realise that within the industry, there’s a lot of education that needs to be done.

The stakeholders need to learn more about business, need to learn more about monetizing your skills, need to learn more about collaboration, outside the games industry, the stakeholders need to be educated. We need to tell people that in the video games industry, there is the gaming side and there’s the development side.

And even on the development side, we don’t all have to be programmers, we need marketers, we need people in communication. We need project managers, financiers. So there’s a whole lot of work to be done. And I think that’s why the Pan African approach is also good because some areas have more strength than others.

Like in Nigeria, you have lots of game developers. You have people that are also good in communication and all. If you go to Kenya, you have people good in organising stuff, networking, stuff like that. So that’s really why we basically said let’s bring these people together and see how we can do something much bigger.

But I would say other challenges are mainly things common to other growing industries.
You want to speak of finances right now.
There’s no industry that doesn’t have issues with finances.
But one of the biggest issues is the education part.
Making people aware this industry exists, making them understand what the industry is about, making them understand how to set up a structure, a sustainable structure for the industry.

Are there some of the myths about the gaming industry that you would like to debunk? Ah, number one, there’s a difference between gaming and game development. They are totally different. Number two. Yes, it’s beyond passion. Like almost everybody getting into this space because of passion but at some point you have to realise you need something flowing into sustaining.

So as nice as this feels, we throw around $500 million worth of the industry, monetising in this industry is very difficult. Building a good game is far more difficult. So you need to go in and know what you are investing in. What are some of the skills you would say have sustained you throughout this gaming career? Passion, I would say, is great.

And I think that’s common to almost all entrepreneurs. If you really want to succeed you have to have the spirit and confidence. At home, nobody basically understands what I’m doing. I mean, we come from a culture where gaming is seen as something bad for the child, especially amongst millennials.

You see a lot of people laughing. You see parents say don’t play games, but that is changing right now. So you need that grit to know that this is what you want to do, and despite all the challenges coming because there are many, you need that grit to keep on forging ahead. We’d like to get your thoughts on Web3 gaming.

What will drive the game developers and gamers into that web generation? Okay, so when you look at the Web 3 space currently, for a lot of people there’s still a lot of pause basically. And that’s because things are not yet levelled. There’s still a lot more experimentation.

And what is really driving it in Africa and across the world is the opportunity to make money really. Most people are not really concerned about the technology. And the reason why Web 3 gaming gained a lot of traction so quickly is because of the idea of play-to-earn. I mean, traditionally, when you play games you pay to play the games.

But now Web3 is giving the opportunity for you to pay to play the game and then make money while playing. That’s what’s really exciting for most gamers, but from the games industry perspective, most people are not for it, because it takes away the focus from play, like designing games that are fun to actually now trying to create some kind of money-making mechanism which is very similar to betting for most people.

Looking at that, well, you look around you in Africa, more people are concerned about money.
That makes money the focus.
We’ll see how that goes.
But for now, it’s still an industry space where people are trying to level.
How do you retain your creative edge? It’s a lot of work, a lot of crying in the bathroom, a lot of screaming and a lot of going back to the board to realign, because over the years we’ve had to re-strategize.

We’ve got to say that this is not a straight path. We’re working in an industry where there is no framework and there is no book. There are barely mentors you can go to and say I want to make it and somebody tells you this is how you make your first 1 million Naira or $1 billion.

So we’re figuring out everything along the way. And that’s why the power of community is very great because like I said, everyone in the community has their strengths. There are those that are developers. There are those that have networks. So we discuss with one another, we are in trades. That’s really what has kept me going and know that I’m not alone.

QUOTE A news report in 2021 states the African games industry is $580 million. But how many percent of African game studios are getting up to that amount? Not up to one per cent. So for me what’s really driving me is the need to ensure that African creatives benefit from this market.

How sport is more than a game?

Photo credit Cardinal Media Have you ever developed a bond with an object or activity at an early age that you believe is inseparable to the point where you cannot live on this earth without it? If the answer is yes, I am sure that you would be willing to say that this certain object or activity has affected your life in a big way, and it has become a part of who you are.

Some people are passionate about music, entertainment, or traveling, while some are passionate about sports. The difference between sports fans and their level of passion compared to those other common interests mentioned is how they express it and how much more it truly means to them as a collective group.

Sports are more than “just a game” because of the impact that they have on the fans. Sports teams provide fans with an identity, a sense of belonging and pure joy in a way that few things on earth can. Sports are viewed by some as nothing more than just a game.

Those same people believe that sports fans take things too seriously and need to just grow up since what takes place on the field, court, or ice is not a big deal. “They view them as beer-drinking couch potatoes possessing a pathological obsession with a trivial and socially disruptive activity” (Wann, 2018).

Like many aspects of life, with the good comes the bad, and sports and their fans are no exception. For all the goodness and joy that sports bring, they can also bring some negatives. In the heat of the moment, fans can get caught up in acts they would not typically partake in.

This includes fans fighting each other, throwing objects and/or liquids at the athletes, verbal abuse by fans, and chaos caused by fans when their team loses or wins a championship game.
Examples of each form of inappropriate fan behavior include a Denver Nuggets fan pushing NBA player, Russel Westbrook and a Utah Jazz fan verbally abusing Westbrook; New York Yankees fans dumping beer on Red Sox pitcher, at the time, Craig Kimbrel; and Vancouver Canucks fans causing riots after their team lost in the 2011 Stanley Cup Finals.

These are some of the irrational acts that give sports fans a bad reputation, yet the fans who partake in these inappropriate acts are simply just bad apples that misrepresent the greater population of well-behaved and genuine sports fans. There is no denying that there are plenty of irresponsible fans that do not know how properly enjoy sporting events, but it is a very small percentage.

The occasional situation involving misconduct by one irresponsible sports fan should not take away from all of the other good fans that take in the game the right way and are impacted in a positive light.
Another reason some people believe this, is because they do not think that sports have any real-world impact.

They think that because of this, they are not important, and people should not be so passionate about them and should instead focus their energy on more significant matters. This could not be further from the truth though, considering how many positives that this “game” provides the fans with.

Sports have a profound impact on these fans in a multitude of positive ways that far exceed the negatives that come with the territory.
Sports fans are given a whole new identity that they can live by.
When people think of identity, they typically picture a person’s physical qualities or their personality, not what team a person associates themselves with.

Yet these people identify themselves this way because of the deep connection they have built with their team. “Research shows similarities between a fan’s identification with a sports team and how people identify with their nationality, ethnicity, even gender” (Wang, 2006).

A sports fan can be so emotionally attached to a team that their association with a team becomes not only their reputation, but their identity as a whole.
The same people that look at sports as nothing more than “just a game” would argue that this is ridiculous.
They believe that nobody should actually identify as a sports fan because it is impossible to identify as.

To them, being a fan who is that passionate about sports or a particular team is a complex concept that they simply cannot grasp. On the contrary, it is rather simple. People can identify as whoever they want because what makes up one’s identity is how they choose to live their life and how they are widely recognized by others.

It is no different than identifying as an avid traveler or baker.
A person’s identity is reflective of their passions and goals in life.
At the end of the day, everyone has an identity, and for some just it happens to be sports.
Team identification ‘is the extent to which a fan feels a psychological connection to a team and the team’s performances are viewed as self-relevant,’ says Daniel Wann, professor of psychology at Murray State University” (Wann, 2006).

Studies conducted by a variety of researchers show that sports fans allocate so much time and energy into their team that over time it slowly molds their habits and it eventually becomes a large part of who they are and what they embody. Sports have the rare ability to make a typically quiet and antisocial person the loudest and most social person in the room in a matter of seconds.

I myself am a good example of this in action, considering I am the type of person that has been described by some as “a man of few words,” yet when the topic has anything to do with sports my eyes light up and I can go on and on.
This identity that sports fans take on quickly becomes a new way of life.

An example of this is sports fans of the country of Bulgaria who were examined to discover the impact that their national sports has on their people. “A sociological survey about national proud in the developed world demonstrates even further this notable connection between sport and Bulgarian national identity” (Ilycheva, 2005).

Like all sports fans around the world, their identity is centered around their national sports teams.
These people cannot imagine living without these teams because of all that they provide them with.
It is clear that sports have a very powerful influence on the way that fans decide to go about living their lives.

Another reason for this is because of the special way that sports and the teams involved can make a person feel. Fans are provided with a unique sense of belonging through their teams and players. “In all, the study of sports is illuminating how audiences use mediated sports for personal fulfillment and for interpersonal and group connections” (Earnheardt).

People who closely follow their favorite team on a daily basis slowly integrate themselves to the point where they feel they are actively apart of the actual team in a way.
By attending all of the games to cheer them on, keeping track of each road game and the score, familiarizing yourself with all of the players and coaches, and much more, a fan begins to associate themselves with the team as if they are no different from the players themselves.

When the dedicated fans wake up early to paint their faces, wear their team colors, and meet up with fellow fans outside the arena or stadium their team plays in, they are united as one with the team they support. Those fans feel at home the second they walk into the stadium they can call their second home.

To them this is a special place where they can feel they are a part of something bigger than their regular everyday life and boring day job.
When they are there with thousands of other people dressed just like them and chanting together in unison, they are doing what they feel they are called to do.
This setting and activity give sports fans a sense of purpose and washes away all the worries of everyday life in an instant.

Even if just able to watch their team play on television, a fan experiences all of the same feelings and truly believes they are there right alongside their favorite athletes as they prepare to take on the opposing team. There is a science behind just how attached fans become to their team and players.

“Similar studies since then have confirmed this relationship, while others suggest that the entire panoply of neurochemicals associated with athleticism, from dopamine to adrenaline to oxytocin, are triggered to a similar degree in both the players and fans during a game” (Barth, 2016). In other words when a baseball player for example hits walk off home run in the bottom of the ninth inning to win the game for their team, the fan of that player feels very similar emotions and the pattern of the brain activity is very similar to that players at that moment in time.

This rare feeling provides fans with a chance to live out their dreams through their favorite athletes in a way. Although it may at first glance, appear to be a stretch to say sports make a fan feel like they belong on the actual team, it is much more than rational for fans to feel this way than one would think.

There is a lot of good that comes from the sports played that goes well beyond contributing to the pure joy of the fans.
Sports serve as an outlet for fans to sit down and enjoy watching their team compete.
They allow fans to come together from all over the place with the same goal of cheering on their team and interacting with their favorite players.

For many people it means the world to them to be able to escape all the despair and negativity that takes place in the world and just sit back and take it all in. After the horrible event of 9/11, the people of New York City came together and turned tears and sorrow into joy and smiles by watching the Yankees play.

Something as simple as watching a baseball game seemed to let the fans know that everything was going to be okay and that better days were ahead.
Sports have an incredible ability to brighten up someone’s day even during the worst of times.
Nowadays, in a time when the world is on high alert because of the deadly Coronavirus, there are no sports as a result of the virus.

Leaving not only sports fans without the comfort sports provide, but everyone around the globe. There is no baseball, basketball, football, hockey, or any other sports to serve almost as a distraction to people during these difficult times. It is during times like these that the true value of sports is most obvious, even to those who typically would not consider themselves avid fans by any means.

Whether people are willing to admit it or not, sports are one of the backbones that hold a lot of things within society together.
While it does a very good job of putting a smile on fans’ faces and gives them something to cheer for, it does wonders for the communities in which the teams are located.
The teams drive in revenue through tickets sold, memorabilia purchased, and tourism from fans outside of the city.

All of which contribute to the overall growth and prosperity of the cities that they are based in and the residents living there. A current example of this being in effect is the Chicago Cubs baseball team, who generates up to $600 million annually for the state of Illinois.

Another is the Oakland Athletics who are looking to do the same with a new ballpark in Oakland.
This park would help give people employment and create a large source of revenue that could go towards improving life in the city.
Another way that people benefit financially from the professional sport leagues is through the charitable donations that are made by the organizations themselves and even the athletes from within those organizations.

This is done often naturally and occurs when a player is fined money for some sort of team violation or league violation. The league willingly chooses to put that money toward charities of their choice. The world of sports is always looking to give back in any way that they can.

Another example of this in action is their cooperation with organizations, such as the Make-A-Wish Foundation, which allows children to live out their dreams of meeting their favorite players.
The good that these professional sport leagues do goes so far beyond being “just a game” as some people would like to put it.

Will esports take over sports?

Can Esports Be Bigger Than Sports? – At this point, it’s almost impossible to see a future where esports is bigger than traditional sports. While the esports industry can grow to epic proportions, it’ll likely never rival the traditional sports industry.

For millennia, the human race has relied on sports as a means of competition, entertainment, and for many millions of athletes, a lifelong career. By comparison, the esports industry has existed in its current form for little more than a decade. While technology is becoming increasingly capable and fantastic, and we as a species are relying on it and exploring it more with each passing day, it’s unrealistic to think that, at any point soon, esports will overtake traditional sports,

It’s estimated that the global sports industry will grow to a value of around $350 billion by 2031. By the same time, the esports industry is expected to be worth around $3.5 billion, suggesting immediately that the esports vertical is worth a mere 10% of the value of the sports industry.

Olympic Games – 4.7 billion FIFA World Cup – 3.5 billion Tour de France – 3.4 billion Rugby World Cup – 857 million Super Bowl – 114.4 million

Now, compare that to the total, global esports audience, which sits at around 500 million. In terms of money, the highest-paid sports athlete in 2021 earned around $130 million, while the highest-paid esports player, Johan ‘N0tail’ Sundstein has earned $7 million in his entire career. Is Gaming Bigger Than Sports

Does gaming industry have a future?

What does the future behold for gaming? The future of gaming looks bright, with the emergence of new technologies such as virtual reality and the increased prevalence of mobile gaming. Virtual reality (VR) has the potential to revolutionize the gaming industry by immersing players in a fully interactive and realistic digital world.

VR headsets, such as the Oculus Rift and the HTC Vive, have already gained a strong following among gamers and developers, and it is likely that we will see even more advanced VR technology in the near future. Mobile gaming has also exploded in popularity in recent years, with the proliferation of smartphones and tablets providing a platform for an endless array of games.

The convenience and accessibility of mobile gaming make it an appealing option for players of all ages and skill levels. In addition to VR and mobile gaming, the future of gaming could also see the integration of artificial intelligence (AI) and machine learning.

This could lead to the creation of more realistic and dynamic game environments, as well as personalized experiences tailored to individual players. As the gaming industry continues to evolve, it is clear that there are many exciting developments on the horizon. Whether you are a hardcore gamer or a casual player, the future of gaming is sure to have something for everyone.

: What does the future behold for gaming?

Does gaming make the most money?

Written by Aileen Zaera, Sr. Creative Sorceress of Ugami Inc. By now, if you haven’t been living under a rock for the past few decades, you surely know that the video game industry is indeed one of the most lucrative. In 2021 it generated 60.4 billion USD in the United States alone.

Usually, these profits go to the developers of video games and tech hardware and the studios developing new titles yearly. But this does not mean that the rest of the people cannot also profit from this entertainment industry. If you are wondering how you can make money with video games, keep reading because we have the safest ways to increase your income with this medium.

The video game industry is one of the most lucrative industries currently. Luis Molinero

Why is gaming so popular?

MOBA Progress – MOBAs are competitive player verses player games. Your progress is tracked by your rank or how many games you’ve won. Many gamers will play the same game over and over again to increase their rank. The higher rank you are, the better you are at the game.

How big is the gaming industry in Europe?

Revenue in the Video Games segment is projected to reach US$43.72bn in 2023.

Who has the largest gaming population?

Gamers By Region – Asia has more than 2x more gamers than any other region (1.48 billion), In fact, Asia has more active gamers than Europe, Latin America, and North America combined (1.42 billion), Here’s a closer look at the regional breakdown:

Region	Number of Gamers
Asia	1.48 billion
Europe	715 million
Latin America	420 million
North America	285 million
MENA	168 million
Sub-Sahara African	144 million
Oceania	32 million

By nation, Japan and the UK have the joint-highest video game user penetration rate (58%), As of 2027, the UK is expected to be the frontrunner with 70% of the population playing video games. Here’s a look at the top five biggest gaming nations by user penetration:

Country	2017	2022	2027
Japan	53%	58%	67%
UK	50%	58%	70%
Sweden	47%	51%	64%
South Korea	45%	57%	64%
France	43%	–	–
Mexico	–	53%	–
Nigeria	–	–	63%

Sources: DFC Intelligence, Statista

Are games losing popularity?

US Continues to See Growth in Time and Money Spent on Video Games, While Overall Participation Records a Slight Decline Over Last Year Reports The NPD Group Port Washington, NY, October 7, 2021 – According to ‘2021 Evolution of Entertainment’ report from, this year, the amount of money spent in the U.S.

On video games has increased 35% over the past six months * ; and while overall participation in video gaming remains high, it has decreased to 76%, a three-point decline over the same period last year.
Although we have seen a slight reduction in the percentage of Americans that play video games, we are still well ahead of the 73% we saw in 2019,” said Mat Piscatella, U.S.

video games industry analyst for The NPD Group. Despite the decline in number of people playing video games, the industry continues to see growth in the number of hours spent gaming. There was a dramatic increase in time spent playing games from 2019 to 2020, with average hours played per week jumping from 12.7 to 14.8, respectively.

And the growth continues, increasing to 16.5 hours per week this year.
One segment that has played a major role in driving these gains is among more mature U.S.
Gamers ages 45-64.
In 2019, 65% of consumers in this age group played games for approximately 9 hours per week.
This jumped considerably in 2020 to 69% playing for approximately 12 hours per week, and 75% this year playing for approximately 16 hours per week.

“We had a number of lapsed gamers in the 45-64 age group re-enter the market last year, not only for entertainment, but to stay connected with family and friends. And these gamers have continued to play more than other age groups,” said Piscatella. “Despite an overall decline in the percentage of folks that play games in the market, the time 45–64-year-old gamers spent playing continued to increase.

Is gaming wasted time?

10 Reasons Why Video Games Are a Waste of Time If you have ever played video games, you have probably had people tell you that video games are a waste of time. While it is true that video games can have plenty of entertainment and even educational value, they can also have a number of negative effects on players.

It is important to remember this whether you are an avid gamer or the parent of one. Spending too much time gaming can have numerous effects on a person’s life, especially if they are young. A person’s time spent playing video games should be limited in order to make sure they remain healthy physically and mentally throughout the most important developmental periods in their life.

Read on to learn what can happen and how to protect yourself or your loved ones. Various problems can arise if a young person has unrestricted access to video games. These issues can range from severe physical and mental health problems to issues surrounding their academic performance.

There are plenty of reasons people, especially young children, should not spend too much of their time playing video games.
Playing video games all day long can result in many issues for children and adolescents.
Parents are responsible for limiting the number of video games their children consume on a daily basis.

Parents can succeed at setting limits on their children’s video game consumption in a number of ways.

Make sure kids complete other tasks before playing games
Ensure that your child understand the limits
Put limits on your child gradually if they are unfamiliar with them
Have appropriate consequences for breaking limit rules
Remove gaming devices from your children’s bedrooms

Nowadays, video games are not confined to video game consoles like they used to be. Smartphones, tablets, and computers all offer the option to play video games. This means it is almost impossible to tell whether your child is doing their homework or playing video games when they are on their computer.

Fortunately, there are now some great tools available that make it much easier to monitor what your child is doing while playing games on their computer.
With these tools, you can limit your child’s video game usage and ensure the rules you have put in place are being followed at all times.
When a kid is on his or her computer, Limit Launcher is the only automated parental control tool for limiting video game usage (among many other innovative functions).

It’s a simple-to-use software that may be used to prevent children from accessing and playing video games when they’re not supposed. One of the things that makes Limit Launcher great is it keeps kids from playing video games but does not prevent them from doing other things on the computer.

This means it will not stop a child from using the internet though it will identify and stop certain video game programs from running.
Eeping them from wasting the whole day gaming.
To celebrate our launch, we are offering an exclusive deal in which early supporters will receive a 3-year subscription for the price of one.

There is also a 2-week free trial for all users – completely free of charge.No credit card required. is a growing problem. In the United States, approximately 18.5 percent of children and adolescents from the ages of two to 19 years old suffer from obesity.

There is an approximately 13.9% obesity rate among 2-5-year-olds
There is an approximately 18.4% obesity rate among 6-11-year-olds
There is an approximately 20.6% obesity rate among 12-19-year-olds

This shows how quickly rates of obesity grow in populations of young people. It is clear that the rates only worsen as kids grow older, meaning that bad habits begin at a young age and are hard to break. There are many things that contribute to this, including diets lacking in nutritional value.

However, too little activity is the other leading factor.
It is crucial to note, that a lack of exercise will contribute to obesity at any age.
Getting a good amount of exercise is especially vital in a child’s formative years.
This is imperative to remember because video games can lead children and teens to spend more time in their rooms sitting in front of a console or on their computer.

Though video games themselves are not evil, they can lead children and teens to spend less time outside getting the exercise they need. Limiting the amount of time your kids spend playing video games throughout the day forces them to take part in other activities.

Diabetes
High blood pressure
Heart disease
Stroke
Cancer

Your child will likely not suffer from a stroke or heart disease. However, if your child develops childhood obesity and does not change their habits and get healthy, all of these diseases could potentially find them as they grow up. While video games cannot be held directly responsible for the above diseases.

The sedentary lifestyle one has when playing video games all day long is absolutely related to the health problems that arise.
Childhood obesity is, of course, a concern for any parent.
However, numerous other physical issues can arise from sitting in front of a screen all day playing video games.
Leading a can cause weight gain but sitting for too long also has other negative effects.

Maintaining a seated position for hours on end can cause even young people to have problems with their hips and backs. Though your child may be young, sitting for extended periods of time, especially with poor posture, leads to compression of the joints and can cause many issues that will plague them for a lifetime if not corrected.

Osteoporosis
Muscle atrophy
Lowered immunity
Vision problems

Luckily, young children can overcome a lot of the physical issues that might arise in an older player. However, if the bad habits are not put in check at a young age, they will only worsen as time goes on. It is so important to limit time spent playing video games so that your child can benefit from the many other, healthier alternatives available.

Though children and young teens do not have jobs to worry about, they do have schoolwork to keep up with. This is just as important because it will most likely affect the course of their lives. They cannot play video games at school, but spending too much time playing video games can affect their academic performance in numerous ways.

Researchers say it is best for most children and teens to spend approximately 10 minutes per day studying per grade level. This means a third grader should spend about a half-hour studying while a high school senior should ideally spend about two hours studying each day.

This time may vary depending on many factors.
For example, on certain days, a student may come home with a little more homework than normally.
Some schools may also be more hands-on, meaning students do not need to study at home as much.
Another consideration is that some students may need to study more than others to reach the same results.

Regardless, spending too much time playing video games keeps children of any age from taking care of other important tasks and responsibilities. This can impact their performance and keep them from making progress. Falling behind in school can set them up for failure.

Setting limits so you know they have time to get homework and studying done is important. Excessive video game playing can cause productivity issues for both children and adults. As stated above, children and teens might begin slacking on their studies and letting their grades slip if they cannot pull their focus away from gaming.

It can even lead to numerous absences due to missed alarms, oversleeping, and lack of motivation. Teenagers with jobs and adults can experience these same issues. People who stay up all night playing video games are less likely to wake up when their alarm goes off in the morning.

If this happens enough times, they may be fired from their job.
Without a means of income, rent and bills will pile up, which can cause a person to spiral.
It might seem like a stretch to jump from video games to losing one’s job.
However, this happens all the time to people who are unable to pull themselves away from their games.

This is why it is better to get a hold of these habits and squash them early on by limiting your child’s gameplay in their early, formative years. And how much time per day is your child sleeping if they are staying up late to finish the latest levels in the video game they are addicted to? These are important things to note because studies show:

Children from the ages of three to six need approximately 10 to 12 hours of sleep per night.
Children seven to 12 years old need approximately 10 to 11 hours of sleep per night.
Adolescents need approximately eight or nine hours of sleep per night.

It is already hard enough for children, adolescents especially, to get enough sleep when they have to worry about studying for big tests, their social lives, and any extracurriculars they might have. If they are adding multiple hours of video games to the mix, that is a recipe for trouble.

Not getting enough sleep can lead to,
Not only is it bad for your health, raising your risk for conditions such as obesity and serious heart problems.
It can also lead to mood problems such as depression and anxiety.
This is why it is critical to ensure your children and teens are getting enough sleep.

It is true that children have more energy and fewer responsibilities, but that does not change what they need from a biological standpoint. If you believe video games are cutting into your child’s sleep time, setting hard limits on how much they play should be a priority.

Young children are sponges who soak up so much from the environment around them. It is important that they have stable influences to ensure they learn healthy and favorable coping mechanisms. A person’s mental health is just as important as their physical health and should be treated as such. Mental health problems can be exacerbated by video games.

Video games can harm a child’s mental health both by the content in the video game and by the excessive time spent playing the video game. A child’s mental health is so significant because the formative years during childhood and adolescence shape a person’s outcome and what kind of person they will grow to be.

Playing excessive video games can lead to depression in people of all ages. Children are no different. Playing video games releases chemicals in the brain that gives kids a feel-good sense of reward. If a child spends a lot of time with these rewarding chemicals firing, the time spent away from video games will feel downright lackluster and empty.

It is dangerous for a person to feel unfulfilled and unrewarded simply by living their normal life. This feeling of emptiness can compound into severe depression, even for young children. This is one reason why limiting their screen time is so important.

Feelings of anxiety around other people
Strong desire to be alone
Constantly feeling alert and on edge

What age has the most gamers?

People aged 18 to 34 make up 38% of the US gaming population. – (Statista) The majority of gamers in the United States are adults, and only 21% of them are under 18 years old. Among the adult crowd, people between the ages of 18 and 34 make up the majority. Still, senior gamers are a significant demographic, too: 15% of American gamers are older than 55.

Is gaming bigger than Hollywood?

Video games have a lot of advantages over movies when it comes to making money, and they know it. The FTC has noted that video games are now five times as big an industry as the movie industry. This comes from their administrative complaint filed vs the Microsoft acquisition of Activision Blizzard King. In line 22 of the complaint, they had this to say: “Today, gaming is the largest category in the entertainment industry, with revenues that far exceed those of both the film and music industries.

This year, the gaming industry is expected to be worth more than $170 billion in global revenues, five times greater than global movie box office revenues.” It’s perhaps no secret to say that video games have outgrossed movies for a significant period of time now. Around 2012 to 2013, the amount of revenue made by the industry in total started outpacing that of Hollywood, but we can look at individual examples as well.

Call of Duty: Black Ops 2 made $ 1 billion in only 15 days. James Cameron’s Avatar, the highest grossing single movie of all time at the year it was released, needed 17 days to hit the same figure. And they both came out in 2012. A year later, Grand Theft Auto 5 started its ascent to the top.

Costing $ 266 million to make, it made $ 800 million in its first 24 hours.
It must also be said that it isn’t entirely accurate to make a one-to-one comparison between launch sales for movies and video games, as there are many differences in their business models.
Movie, in particular, have had multiple potential revenue streams.

Aside from the initial release in America, there is the potentially bigger global film markets, particularly in China. TV syndication and home video have also been other places where movies add to their sales numbers, or rebound from poor launches. Of course, most recently all of these revenue streams have been outstripped by video-on-demand streaming.

To be fair, that may partly explain why the money in movies is not as good as it used to be. Video games usually have only one launch, and games are usually expected to release in a matter of days around the world, if not on the same day. While video games don’t have exactly the same ancillary markets movies have, they do have many other ways to make revenue.

For example, there are fans who will spend the money to double dip or triple dip on the same game on multiple platforms. Today it’s well known that games released on PC can raise sales of the same game on console, like God of War from 2018. And then there are the many different monetization models, which gamers have willingly dabbled in through the years.

From DLC and updated special editions, to season passes and microtransactions, to gacha and lootboxes, video game companies have run the gamut of selling so many other items on the same game over and over.
Today, the predominant model that makes the most revenue for video games is still microtransactions on mobile.

For console players, however, live service games have proven highly lucrative, to get players to commit to individual titles, in a similar way to how mobile games get their players to come back to their games. The live service game model is built around building communities of players, and then courting those players to buy microtransactions, in many ways incentivized as part of their community interaction.

This model, like microtransaction based mobile games, particularly target whales, individual players who spend hundreds and thousands on these smaller transactions. It’s these whales that have driven the jump in revenue for video games, not necessarily in ways that are ethical for the consumers. Nonetheless, this is how video games have taken a huge jump over other media in terms of revenue.

Source: FTC, Fast Company

Is anime bigger than gaming?

Video games are THE largest entertainment industry, larger than movies, music and TV (this included streaming service and anime) combined.

How popular is gaming in the world?

How Many Gamers Are There In 2023? – According to the latest data, there are approximately 3.09 billion active video gamers worldwide. That figure has risen by over 1 billion in just seven years (that’s a 32% increase). And the number of gamers is expected to hit 3.32 billion by 2024. Here’s a full breakdown of global active gamers over time:

Year	Number of Gamers	Increase Over Previous Year	Increase Over Previous Year (%)
2015	2.03 billion	–	–
2016	2.17 billion	140 million	↑ 6.9%
2017	2.33 billion	160 million	↑ 7.37%
2018	2.49 billion	160 million	↑ 6.87%
2019	2.64 billion	150 million	↑ 6.02%
2020	2.81 billion	170 million	↑ 6.44%
2021	2.96 billion	150 million	↑ 5.34%
2022	3.09 billion	130 million	↑ 4.39%
2023	3.22 billion	130 million	↑ 4.21%
2024	3.32 billion	100 million	↑ 3.11%

The video game market is worth an estimated $197.11 billion, And esports players are increasingly contributing to that figure. The latest data shows that the US has over 3x more active esports competition players than any other nation. This is perhaps no surprise, given that the US video games industry alone is worth an estimated $90 billion, Here’s a detailed look at active esports competition players by country:

Country	Esports Players
US	4,550
Brazil	1,387
China	1,553
South Korea	1,064
Russia	1,059
France	1,057
Germany	1,047
UK	932
Japan	864
Thailand	827

Sources: VentureBeat, Juniper Research, IBISWorld, eSportsEarnings

What is the fastest-growing form of entertainment?

The dawn of the Esports athlete.
Tournaments with big prize money and sponsored teams began to pop up all over the globe.
It didn’t matter if you could dribble a basketball or throw a 90-mph fastball.
You don’t have to be the tallest or the strongest in the world of Esports.
You need acute senses, deft accuracy, and impeccable strategy.

The games themselves grow in popularity each year. The Steam platform alone has grown from 8 million concurrent daily users in early 2015 to nearly 17 million to start 2019. Today, there are an estimated 454 million Esports views worldwide. That number is estimated to grown to 645 million by 2022. That means that more people watch video games than Netflix, Hulu, HBO and ESPNCOMBINED.

Projected Growth of Esports
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Last year, video game revenues totaled $139 billion.
By 2022, the global video game market is estimated to be nearly $200 billion.Continued,
It’s hard to exaggerate the present boom and future potential of Esports and the video gaming industry.
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Who knows what the next gaming sensation will be? These video game developers make money off sales of the games they develop.
In some cases, like in League of Legends and Dota, the games themselves are free to play.
Anyone with a computer can log on and try their hand at these gaming crazes.
The next easy way to invest is through hardware.

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