Business has continued to evolve in so many areas and many more industries are now proving very lucrative for investors. None more so than the gaming industry, which is now one of the fastest growing spaces in the world. Many more exciting new websites like here are entering the space and each are proving incredibly successful, with this space a lucrative business for many. With the anticipated release of virtual reality casinos and many other technological advancements, this is only set to continue, and it is also why many more individuals and businesses are also looking to invest in this space.
The entire gaming industry is growing at a remarkable rate, and this is seen in so many different areas. It is why the entire industry is now valued at over 300 billion dollars and there are also now 7.7 billion people globally. This means it has increased by half a billion players within the last three years and reports are that it is predicted there will be more than 400 million news gamers by the end of 2023, which further shows just how fast the industry is growing at present. Much of this coming from the continued investments that are being put into the market, that is further helping the acceleration and growth. Also, this is helping with the accessibility of gaming through the likes of smartphones, which is another major factor to getting more and more different and varied demographics of players into different areas of the gaming industries.
The biggest example of this being female gamers, with so many more of them now playing games in some capacity. This has been shown in the last year with 60% of new gamers now being women, with 30% being under the age of 25 years old. Gaming is now being used for so many different aspects and not just simply about entertainment. It is now used as a means of socialising and connecting with friends and others, which has further helped with the growth of the industry. With many of these new gamers entering the market, it is no surprise that more people are looking to invest and get involved in this incredibly lucrative market but there is little doubting that it is an industry of major success and further potential at present. This is only going to continue with the industry hitting new heights year after year.