A report from Juniper Research has forecast that Smart Toy sales will reach $15.5 billion (€13.82bn) in hardware and app content revenues by 2022, up from an estimated $4.9 billion in 2017. This increase
Microsoft has unveiled the latest update to in its Xbox One line-up – a more powerful version of the Xbox One branded the Xbox One X. The tech giant touted the machine’s specs, including its ability to run games in 4K ahead of the E3 games show in Los Angeles. The system, which also runs […]
The time has come for Australian media and entertainment companies to make ‘frenemies’ by collaborating and partnering with rivals to achieve growth, with the strong headwinds facing traditional media players set to continue through to 2021, according to a PwC report. PwC’s 16th annual Australian Entertainment & Media Outlook shows that total consumer and advertising […]
Research by SlotsMillion, the Virtual Reality Casino, has found 92 per cent of people are aware of Virtual Reality (VR) – with 23 per cent having tried the new technology. Of the 2,000 people surveyed by Opinium, a strategic insight agency, on behalf of the VR developer, 2 per cent have spent at least 25 […]
The market for esports video continues its rapid growth worldwide. Total hours viewed in the genre exceeded 6 billion globally in 2016, up 19 per cent from 2015, according to a report from business information provider IHS Markit. Online viewing is
Virtual Reality will work in a way that 3D didn’t. That’s because VR and Augmented Reality have so many obvious and useful applications across a range of sectors from medicine to architecture to robotics. A broad plane of development also means TV will benefit from not having to do all the production and workflow heavy […]
MTG has increased its ownership in InnoGames, the developer of browser and mobile games, to 51 per cent. MTG announced its initial 21 per cent investment in Hamburg-based InnoGames in October 2016. InnoGames is the creator of six successful online games including Forge of Empires, Tribal Wars and Elvenar. MTG has invested €82.6 million for […]
A study from Juniper Research has found that MMO (Massively Multiplayer Online) games such as World of Warcraft, and MOBA (Multiplayer Online Battle Arena) games including DoTA 2, are to account for almost 25 per cent of the digital games industry this year. The research forecasts that revenues from this genre will accelerate to $43 […]
Trade mag Large Display Monitor (LDM) says that Samsung is building new double-width LCD panels which would have an aspect ratio of 32:9 and an overall resolution of 3840 x 1080. The devices are said to be coming to market this autumn, from September 2017, and are aimed at gamers. The ‘double width’, says LDM, […]
Video Game Industry analyst firm DFC Intelligence has issued its latest forecast for the global video game market that increases its overall outlook for the market driven by greater than expected growth in mobile games. In 2016 mobile game software sales was the fastest growing segment, and by 2021 mobile games are expected to account […]