Crunchbase’s Post

🌟 Just read this Crunchbase report on the media, entertainment, and gaming industries!!! It's a quick read and packed with insights. Go check it out!!!

The article revolves around the challenges and strategies for future growth in mobile gaming industry in 2024. #mobilegaming #gaming https://lnkd.in/dBQj3jG2

We wrote a report that every gaming marketer should read. Solsten’s Definitive Report on Players Worldwide will help you understand: - How players are changing globally year over year - Where might the next best market opportunities be It’s the only glimpse into the world's largest psychological dataset on players and human beings in general. We've spent years creating the technology to measure this much psychological data at scale. Learn from all of our own learnings now. Comment PLAY, and I will DM you Solsten’s State of the Player report.

Did you know 95% of game studios are working on or plan to release a live service game? In an excellent report released by Griffin Gaming Partners in collaboration with Rendered VC , perspectives towards multiple facets from over 537 game studios have been gathered to provide a high-level overview of the opinions and challenges of the gaming industry. Of those surveyed, 63% hope to achieve a biweekly content release schedule for their live service title. It should come as no surprise to anyone that rising development costs and competitive market conditions are having a dramatic effect across the industry. While there is no stand-out challenge pointed out, respondents commonly cited high player expectations, cross-platform support, and delivering live services to players as major concerns. If you're interested in checking out all 47 pages of this report you can grab the report for free here:

Missed the latest episode of FinTech and Sports Wagering Innovation Center's Gamble4Good Webinar Series – Innovation In Integrity? Don't worry! You still have a chance to catch up. Register now via the link below to access the recorded webinar! https://lnkd.in/eey_43Kv Join us as innovators from across the industry share their insights and discuss what lies ahead for integrity in gaming. We delved into how technology is reshaping how companies and leagues address integrity issues, explored areas needing further attention, and glimpsed into the future of the industry.

In case you need the summary - David McKee of CDC Gaming Reports covered the FinTech and Sports Wagering Innovation Center panel: 🔗 https://lnkd.in/eJWgMU8r #sports #sportsbetting #integrity #innovation

The Xsolla Spring Edition Quarterly Report is out, and well worth a read as along with general market trend information, there are dedicated sections for DMA, cross-platform, telecoms update, gaming education, and gaming venture capital #xsolla #gamedevelopment #gameindustry

“As an industry, we are experiencing probably the most turbulent period that I’ve seen in 21 years: a lot of opportunities will present itself in a market like this." -Per Fredrik Wester, CEO, FQ1 Earnings Call, April 25, 2024 It's an exciting yet challenging time in the gaming industry. According to Wedbush Securities’s Q2 2024 Report, key gaming executives are optimistic, and the numbers are backing that up. Free-to-play (F2P) games are set to generate $117.7B in global revenue this year, marking a 5.7% increase from last year. Additionally, video game subscription revenue is expected to hit $9.7B, up by 13.7% year-over-year. While turbulent times bring both opportunities and challenges, one effective strategy to navigate these waters is implementing a subscription model. This can provide a steady revenue stream and help your game thrive even in uncertain times. 🧠 Want to explore this further? Reach out to one of our experts to learn more!

We know that the mobile gaming market is tough right now, and in general, the data proves it. However, there is still room for new projects (1), successful pivots (2), and new highs (3). 1 In Q1 2024, two projects launched in 2023 reached milestones of 50 million monthly revenue - Whiteout Survival and Last War: Survival Game. Is this a renaissance of 4X strategies? 2 Brawl Stars has reached tremendous success, increasing their revenues almost three times quarter to quarter, or almost six times comparing March to October. It is a great success for a project released more than 5 years ago. We should pay close attention to these success stories because they are quite rare; nevertheless, we can learn from them. 3 MONOPOLY GO! almost reached the 200 million mark in March 2024, and if we don’t take into account games aimed at the Chinese market, it is an unprecedented success story that sets a benchmark for the whole market.

Interesting insights into the UK gaming industry's recent turbulence and the potential for a turnaround, in the FT! https://lnkd.in/ePHvuCFq Despite recent challenges, companies are strategically navigating turbulent waters with cost-cutting, portfolio adjustments, and balance sheet reinforcement. There was a surge in gaming during the pandemic which sparked a re-rating in valuations but now, the sector is undergoing a transformative phase. Resilience and adaptation are the words to describe this current phase. #Gaming #Growth #Innovation