AAA Gaming News’ Post

🚨 New AI builds Indie-to-AAA props and characters 🚨 See the demo : https://bit.ly/m/Kaedim Newzoo lowered its forecast for 2023; the US gaming market decreased in April after 3 consecutive months of growth in 2024; Sony shared a PlayStation business presentation. ⭐ The world's best game studios ship 7x faster | Learn more at 🚨 New AI builds AAA characters 🚨 See the demo : https://bit.ly/m/Kaedim - try it today to turn sketches into game assets in minutes. #gdc #gdc2024 #a16z #Games #gamedev #GameIndustryUpdates #GamingUpdates #GameDevelopment

🚨 New AI builds Indie-to-AAA props and characters 🚨 See the demo : https://bit.ly/m/Kaedim Weekly Gaming Reports Recap: May 20 - May 31 (2024): Newzoo lowered its forecast for 2023; the US gaming market decreased in April after 3 consecutive months of growth in 2024; Sony shared a PlayStation business presentation. ⭐ The world's best game studios ship 7x faster | Learn more at 🚨 New AI builds AAA characters 🚨 See the demo : https://bit.ly/m/Kaedim - try it today to turn sketches into game assets in minutes. #gdc #gdc2024 #a16z #gamedev #IndieGames #GamingIndustry #Gamers #Gaming

🚨 New AI builds Indie-to-AAA props and characters 🚨 See the demo : https://bit.ly/m/Kaedim Newzoo lowered its forecast for 2023; the US gaming market decreased in April after 3 consecutive months of growth in 2024; Sony shared a PlayStation business presentation. ⭐ The world's best game studios ship 7x faster | Learn more at 🚨 New AI builds AAA characters 🚨 See the demo : https://bit.ly/m/Kaedim - try it today to turn sketches into game assets in minutes. #gdc #gdc2024 #a16z #IndieGame #GameDevelopment #UnrealEngine #GamingIndustry #Gaming

Insider scoop - Sign up for the GI Daily here to get the biggest news straight to your inbox During January, US consumer spending on games reached $5.1 billion, a 15% growth year-over-year, according to the newest Circana data. Software revenue reached $4.4 billion during the month, as the segment was up 15% compared to its performance last year. Consumer spending on gaming hardware dipped by 4% year-on-year as it amassed $378 million. Read more 🔴 How to create game-ready 3D assets from 2D images in minutes with Kaedim. Watch the demo and get started. 🟢 Get Started Today: Kaedim3d.com or Check out our Showcase: app.kaedim3d.com/showcase #gdc #gdc2024 #a16z #MobileGames #GameIndustry #BuildingBetterGames #Games #GameNews

Sign up for the GI Daily here to get the biggest news straight to your inbox During January, US consumer spending on games reached $5.1 billion, a 15% growth year-over-year, according to the newest Circana data. Software revenue reached $4.4 billion during the month, as the segment was up 15% compared to its performance last year. Consumer spending on gaming hardware dipped by 4% year-on-year as it amassed $378 million. Read more 🔴 What if you could create 3D assets for your game from any 2D image in minutes? Sounds too good to be true, right? Well, it’s not. It’s Kaedim. The revolutionary platform that uses AI and in-house art to deliver production-quality 3D models on-demand. See for yourself. 🟢 Get Started Today: Kaedim3d.com or Check out our Showcase: app.kaedim3d.com/showcase #gdc #gdc2024 #a16z #Games #Gamers #UnrealEngine #gamedev #MobileGames

I like to share articles like this at the beginning of the year, and I'll aim to revisit it at the end of the year, too. There are some fantastic points in this article about trends and predictions for the #gaming world this year - some of which I do think we will see. One of them is that #cryptocurrencies will become even more integrated with video games. We have already seen this year - particularly in the #iGaming sector - how this is quickly becoming a trend. What are your thoughts? Let me know in the comments below. Follow me on X 👉 @iamSanjoy_Gupta

⚡️ Gaming Reports - January 8 - January 12 (2023) 👉 Simon Carless from GameDiscoverCo found out that there are almost 80k games in Steam (now more, I believe); 11,6k on Nintendo Switch; 7,3k on PlayStation, and 5,8k on Xbox. What does it mean? Frankly speaking, nothing good for developers launching new titles - you're competing now not only with new releases but with thousands of released games. And while 10 years ago many of those games were released and occasionally updated; now - with all this live-ops and GAAS stuff - titles are living for years. Ultimate advice - do great games, not bad. Jokes aside, the role of marketing, community building, and other stuff to tell the audience about your game is increasing. And this is the pre-AI era, which, in my understanding, will bring even more titles to the market. 👉 Crunchbase stated that the gaming venture investment market in 2023 was in the lowest position since 2018. Do not know if they looked earlier, because it easily might be the worst one in a decade. Hype days have passed, and investors learned a lot of things about the gaming market (it doesn't print money by default, a-ha). So, market validation, team experience, and an understanding of how you'll compete in the current markets are necessary. 👉 Warner Bros. Games shared Hogwarts Legacy sales - 22M in 2023. If I remember it right, that's the most successful single AAA PC/Console game based on the IP in history. Impressive numbers, however, just for a reference - The Legend of Zelda: Tears of the Kingdom did 19.5M copies at the end of September being released in May. So it's not only about transmedia! As always, more reports (including ones I've mentioned here) are available by link: https://lnkd.in/dmiipqqe

Check this out -Sign up for the GI Daily here to get the biggest news straight to your inbox During January, US consumer spending on games reached $5.1 billion, a 15% growth year-over-year, according to the newest Circana data. Software revenue reached $4.4 billion during the month, as the segment was up 15% compared to its performance last year. Consumer spending on gaming hardware dipped by 4% year-on-year as it amassed $378 million. Read more🔴 Imagine creating 3D assets for your game with just a few clicks. That’s Kaedim. The AI-powered platform that transforms 2D images into 3D models in minutes. 🟢 Get Started Today: Kaedim3d.com or Check out our Showcase: app.kaedim3d.com/showcase #gdc #gdc2024 #a16z #BuildingBetterGames #IndieGameDev #GameNews #VideoGameIndustry #MobileGames

https://lnkd.in/dqhJKTsi Global games market will increase by 2.88% to generate USD 189.3 billion in 2024  Recent Newzoo's analysis estimate that, in a highly competitive environment, the total market outlook for PC and console gaming is optimistic. After two years of decline due to difficult business conditions, especially around user acquisition, mobile gaming is likely to recover. #Newzoo #research #report #study #data #estimations #trends #market #onlinegaming #videogames #mobilegaming #consolegaming #technology #ArtificialIntelligence #revenue #players #gamers #betting #growth #consumers #content #titles #premiumgames #liveservicegames #genres #extractionshooters #providers #publishers #developers #strategies #engagement #business #entertainment 

This industry is significantly bigger than many other entertainment categories. It is growing year on year. The global gaming market is projected to see robust growth in the coming years. It's expected to grow from approximately $256.41 billion in 2023 to $286.61 billion in 2024, with a compound annual growth rate (CAGR) of 11.8%. Many more will come in the future.