Sherman Oaks, United States, May 14th, 2024, FinanceWire
Sherman Oaks, United States, May 14th, 2024, FinanceWire
Xsolla, a global video game commerce company, published the Spring 2024 edition of “The Xsolla Report: The State of Play” today. Launched on the heels of the Game Developers Conference (GDC) 2024, this extensive report provides invaluable insights into the emerging trends and pivotal shifts impacting the gaming industry in the short and long term. It sets the stage to significantly shape the future of mobile gaming, deepen academic connections within the gaming ecosystem, and redefine investment patterns.
In an era where mobile gaming commanded a 49% share of the global market in 2023, this edition of “The State of Play” sheds light on the evolving landscape of mobile gaming. The report navigates through the advancements in global compliance and regulation, including the Digital Markets Act in Europe’s new player engagement strategies, offering a glimpse into the potential future of mobile gaming monetization and distribution. It discusses the impact of cross-platform play and the importance of innovative monetization models, providing actionable insights for developers and industry stakeholders.
“The State of Play” emphasizes the importance of academia in the growth and diversification of the gaming industry. It explores how educational programs and initiatives develop talent and promote diversity and inclusivity within the gaming community. This edition underlines the symbiotic relationship between the gaming industry and academic institutions, highlighting programs that significantly impact students and the industry.
Berkley Egenes, Chief Marketing and Growth Officer at Xsolla, comments: “As we introduce the latest edition of ‘The State of Play,’ we’re not merely sharing industry insights but advocating for a transformative vision: Equal Access for Everyone. This initiative goes beyond our commitment to innovation and growth within the gaming industry. It’s about breaking down barriers to ensure that every developer, regardless of company size, has the opportunity to showcase their creativity and reach a global audience. Our focus is on providing platforms and tools that foster creative opportunities, international exposure, and the development of unique projects, ensuring that the future of gaming is accessible to all. We aim to empower every player and developer worldwide, ensuring the gaming landscape is as diverse and dynamic as its community.”
The report offers an in-depth analysis of the gaming industry’s current investment climate, including funding trends, mergers, and acquisitions. It outlines the shifts in investment patterns, from the heights of the pandemic-induced boom to a more measured approach in 2024. “The State of Play” provides a roadmap for navigating the industry’s financial aspects, offering insights into strategic investment opportunities and forecasting future trends.
Featuring expert commentary from industry voices like Mukul Aurora, Co-founder of Appsoleut Games; Mariusz Gasiewski, CEO of Mobile Gaming and Apps Lead at Google; Karla Reyes, Founder and Studio Director, Anima Interactive, the Xsolla Report: The State of Play is now available for complimentary download. To secure your copy and gain invaluable insights into the gaming industry, visit our website: xsolla.pro/txr-spring24
Derrick Stembridge
Xsolla
d.stembridge@xsolla.com
919-971-7855
Mobile gaming refers to playing video games on mobile devices such as smartphones and tablets. It has become a significant part of the gaming industry, capturing a large share of the global market.
The investment climate refers to the overall environment for investing in a particular market or sector. It includes factors like economic stability, regulatory framework, and market trends that influence investment decisions.
Cross-platform play allows players on different gaming platforms to play together in the same game environment. This feature enhances the gaming experience and expands the player base.
Innovative monetization models are new strategies used by developers to generate revenue from games. These can include in-game purchases, subscriptions, and advertising, tailored to enhance player engagement.
Mobile gaming monetization refers to the methods used to generate revenue from mobile games. This can include in-app purchases, ads, and premium game sales.
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