(Newswire.net — August 9, 2022) — The video gaming industry generates billions of dollars in revenue. Of course, this isn’t new. In 2020 alone, the sector generated a revenue of $77 billion, and the US contributed almost $37 billion to that. Earthweb says the industry is now worth $300 billion in 2022, with over 2.9 billion active players worldwide.
You probably have heard of Nintendo. It’s the biggest video gaming company with a $86 billion valuation. According to researchers at ESA, 68% of American adults love gaming, and 70% of teens play video games. The pandemic contributed to this massive growth, creating a boost in access to varieties of games.
Even two years after the pandemic, Americans continue to engage in all forms of gaming including playing first shooter video games, streaming eSports, and wanting to play slot games among many other things.
The rise in the trend has not waned in 2022, and this article will discuss four pointers to show that.
Gaming Trends In The US For 2022
There are many gaming trends today. From Blockchain to NFT, VR and AI to eSports, and many other inventions. Among these trends, these are the most popular ones in the US in 2022.
1. Rise in Video Gaming and eSports
There is a decisive shift from the games you know to the games now being played. The decisive shift isn’t in what is being played; it’s in how it’s played. Traditional outlets like ESPN may go obsolete, but they have started partnering with eSports now.
eSports has made video gaming not just something to be an active player in but something to watch. It’s as simple as seeing basketballers on their court or seeing the live show of your favorite artists. According to Insider Intelligence, eSports has over 29.6 million viewers, and this number will only continue to increase.
Why? Because there are really cool eSports teams with endorsement deals, franchises, sponsors, owners, and a lot of money for each gamer to win. For example, Forbes valued TSM, an eSports team, at $410 million with $45 million in revenue.
Another is Cloud9, with $30 million in annual revenue. FaZe Clan is another with a $305 million valuation and $40 million in annual revenue. The list continues. This shows that eSports is a profitable investment if you’re an investor. And if you’re a professional video gamer, it’s an opportunity to earn.
2. Increase in the Production and Sales of Gaming Consoles
The sales of gaming consoles spiked in 2020 by 36%, and the trajectory has continued. Many gamers now enjoy the likes of Nintendo, Xbox, and PlayStation to maximize their time at home. The market keeps growing, and now is the time to buy more consoles for a great experience.
Some leading titles you can enjoy on modern gaming consoles are Lego Star Wars, Elden Ring, Call of Duty: Vanguard, MLB The Show 22, Kirby and the Forgotten Land, Mario Kart 8, Pokemon Legends: Arceus, and many others.
3. Increase in the Production and Sales of Smart Gadgets
Playing games can only be more comfortable when you have smart gadgets to complement it. These are the likes of smart light, which helps create an immersive experience; blue light reduction glasses that filter and remove blue light that may endanger your eyes; headsets; and ergonomic chairs, which will help reduce neck and back aches during a long session of playing.
There are also speakers and high-resolution monitors. In 2022, sales of FHD (1080p) resolution monitors will grow to 66.4% from 52.5% in 2021. This means there is a rush to provide quality monitors, which is great news for gamers. The sales and production of VR headsets and glasses are also evolving, so you can enjoy better gaming experiences today.
4. Mobile Gaming
Mobile gaming is the new cool because you can’t play anywhere with ease. Many players play on their smartphones, and this is not limited to playing on the game developers’ websites. There are app-based versions with the same experience.
Mobile gaming makes it easy to play anywhere and anytime with the same experience. You’d enjoy high-resolution graphics (depending on your phone), great sounds (if you use the right headset), and also be immersed if you choose a game optimized with VR features.
Conclusion
The US gaming industry has been booming with an undeniable increase in the past few years. Millions of people now engage in advanced trends like eSports and mobile gaming, artificial intelligence gaming, virtual reality, and a host of other exciting innovations and trends.
The United States is already the fastest-growing gaming market, and with these amazing innovations, there would possibly be no end to it.