HomeNewsTechnologyEvolution of gaming from a niche community to a multi-billion dollar industry

Evolution of gaming from a niche community to a multi-billion dollar industry

The accelerated growth of the gaming industry can be primarily attributed to online gaming and smartphones.

May 02, 2019 / 12:56 IST
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Gaming has evolved from being a niche community restricted to LAN parties and solo adventures to a global phenomenon that connects players from different parts of the globe. It has now outgrown Hollywood in the entertainment sector, accounting for $140 billion in revenue.

Moreover, the difference between gaming and sports is starting to fade away slowly. Competitions like Intel Extreme Masters and ESL One see packed stadiums and millions of viewers all around the world. The accelerated growth of the gaming industry can be primarily attributed to online gaming and smartphones.

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The Evolution of Multiplayer

Cyber cafes dedicated to gaming were once the highlight of every gamers’ life. However, the growing popularity of online gaming soon replaced local LAN gaming sessions by creating a virtual destination to not only meet up with friends but discover new ones as well.