According to reports, the South Eastern Gaming Market is projected to record a CAGR of around 8.5% between now and 2025. Moreover, betting news in Thailand claims that the increasing popularity of players in different sports and better investments in internet infrastructure has played a vital role in the growth. Besides that, the emergence of 5G technology has also boosted the investments in network infrastructure.
Some reports claim that the global 5G wireless network infrastructure revenue will hit the 4.2 billion USD mark. The 5G network is preferable because it boosts performance by around 100 percent faster than 4G. As a result, the Southeast Asia Gaming market has experienced a better user experience.
The gaming market is also growing fast in the region, thanks to the growth of eSports. Studies have shown the increasing viewership of eSports on platforms such as YouTube and Twitch. Experts project that the industry will generate more revenue from advertising in the foreseeable future.
Many people, including those who don’t consider themselves gamers use games to remain connected to their family and friends. In this regard, multiplayer online games and chats have become very trendy.
As a result, the gaming industry in Asia is experiencing an increase in demand. Moreover, the gaming industry is growing because of influencer partnerships, in-app advertising, gaming partnerships, and innovations.
Key Market Trends
Studies projected that by 2022, the number of mobile gamers in Asia would rise to over 250 million. The leading countries in this regard include Vietnam, Malaysia, Thailand, Indonesia, the Philippines, and Singapore.
Another key trend in the Asian gaming market is the availability of free-to-play options. Reports suggest that this feature has played a crucial role in the growth of mobile gaming in the region. Moreover, the advent of cloud-based mobile gaming is expected to drive this growth further.
Although eSports is still a new concept in the region, it is growing exponentially, boosting the industry’s growth in the area. For example, Battle Royale Free Fire is among the most downloaded mobile games. Other popular games in the region include PlayerUnknown Battlegrounds Mobile.
The other critical trend of the Asian Gaming market is age. Studies show that more than 55% of mobile gamers are aged 55 years. On the other hand, only 8% are teenagers. This trend is because of hyper casual and casual games that players of different ages can play. Hyper Casual games generate revenue from advertising.
Nintendo Co. Ltd
Nintendo is a Japan-based conglomerate consumer electronics and video game company. Moreover, its major products are portable and console game machines. It also produces software, consumer electronics, and playing cards. At the moment, it is regarded as the best value game stock.
Inspired Entertainment Inc.
This is regarded as the fastest-growing video game stock. It is a gaming technology company that provides content and platforms. Other services it offers include betting, lottery, and gaming companies. It is also the company with the most momentum in the gaming stocks.
The global gaming industry is on the rise. The same applies to the Asian market. Therefore, if you are an investor, there are multiple companies you can invest in.