How Games Help Define The World We Live In

Comments
Loading...

The gaming market is booming. In 2021, with revenues crossing $200 billion, it was officially larger than movies and North American sports combined. In comparison, the global film industry including home/mobile entertainment recorded $100 billion in revenue, and North American sports garnered an estimated $78 billion.

Right before our eyes, boosted by the Covid-19 pandemic and the rise of the Metaverse concept, a huge media industry has grown, with the gaming industry adding over $50 billion in value in just two years to grow from $162.4 billion in 2019 to $214.2 billion in 2021.

But most importantly, games have begun to define the world we all live in. 

It’s Not Just About Games Anymore

Gaming fits neatly into the fold of some of the biggest industry trends in technology, including the Metaverse (Roblox), Web3 (AxieInfinity), VR (Pistol Whip), artificial intelligence (AI Dungeon), and augmented reality (Pokemon Go).

Games have given us tools that are now widely used in design, film, architecture, automotive, defense, medicine and other industries. Consider Unreal Engine, a computer graphics program developed by Epic Games that is responsible for the creation of popular games like Fortnite, Rocket League and Gears of War. Unreal Engine’s 3D-generating technology has been used in over 160 major motion pictures, including mega-films like Ford vs. Ferrari and even Netflix series like Love Death + Robots

Porsche, Volvo and Rivian all use Unreal Engine-generated gaming simulations to help increase safety and test automated functions. Zaha Hadid Architects incorporated Unreal Engine-gendered VR visualization technology throughout its design process. Surgeons use Unreal Engine for VR training.

Games have also become a new way of socializing and entertainment. In 2019, Epic Games tested the concept of virtual concerts with DJ Marshmellow, an experiment that attracted over 10 million visitors. Epic Games followed up on this successful experiment by hosting a virtual Travis Scott Concert on Fortnite. The event attracted over 12 million concurrent players and generated $20 million in merchandise sales. Epic Games' intimate knowledge of niche technology like AR and motion graphics has made it a valuable partner to professional entertainers.

Games, with their immersive experiences and virtual items, are also paving the way to the Metaverse and the next level of digital advertising and brand presence. Unreal Engine, for instance, is helping create ultra-realistic humans for the digital world. Balenciaga presented a capsule collection in collaboration with Epic Games’ Fortnite — both in the virtual and physical worlds.

The gaming industry has actually developed a 3D interface that will be used even by those who don't play. According to Dmitry Belousov, CEO of Dizraptor pre-IPO investing app, the metaverse is the same technology that today's Instagram, Facebook, Twitter, and Amazon are built on, only more advanced:

“In the future, we will all move to this new technological level. And the beneficiaries of this transition will be the few who know how to create such a technology — Unity, Roblox, Epic Games. The last one is particularly promising. They've already built an advanced Fortnite metaverse, and the tool it was made on is used all over the world.”

The Way To Get In On This Trend

The further expansion of the gaming industry is estimated to grow the market to $321 billion by 2026, according to PwC’s Global Entertainment and Media Outlook 2022-26. It’s reasonable to assume gaming studios will be a large part of that growth. The problem is: There are very few disruptive game-designing companies that are available for investment from the public.

Fortunately, Dizraptor is helping change that. As a platform showcasing pre-IPO companies, Dizraptor is a gateway into investing in private tech giants. The app’s portfolio has featured some of the biggest pre-IPOs, including those of Airbnb, Lemonade (which rocketed as much as 139% immediately following its IPO), DigitalOcean and Coursera. 

For a very limited time, Dizraptor is offering accredited investors an opportunity to dive into Epic Games, which is not yet publicly traded. With a simple application and just $1000, you could participate in the growth story of possibly one of the strongest players in the gaming and metaverse industry!

Check out the Epic Games pre-IPO here to invest in what could be the future of gaming. 

Featured Photo by Florian Gagnepain on Unsplash

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!