As technology grows, video content, virtual reality, products, special events, products, and video game tournaments increase too. Developed countries tend to have more gamers because they’ve access to basic needs such as food, shelter, and clothing. Therefore, other requirements such as water and electricity are available too making it easy for gamers to play video games. In some cases, good internet connection in these developed countries enhances competition and enhance a better gaming experience which further boosts the gaming market.
According to research studies released this year, the video gaming trend will continue accelerating because more young people are preferring playing video games to watching movies or engaging in outdoor activities. As a matter of fact, research shows that video games are cheaper to consume unlike cable television or going to the movies. Therefore, which video market has the largest profit?
China has the largest video game market in the world due to the following reasons:
- Advanced technology
Just like other developed technology, China has advanced technology which has made it possible for developers to have a wide range of video games. These games range from mobile phone games, tablet to PC games with a wide range of variations. Game lovers can comfortably choose the games they love because they have numerous choices. With time, other advanced video games are released to challenge game enthusiasts.
- High population
With a population of about 1.415M people, China is one of the most populated countries globally. With such a population, video games have a vast market making it one of the largest market in the world.
- Internet connection
More than 850M people have access to an internet connection in China. Therefore, more than half of the country’s population can access the internet at any given time. This is important because the users can download video games on their PCs, smartphones, and tablets with ease. In addition, if a game requires more than two people to play, it is very easy to find an opponent online because you’ve got a reliable internet.
There are many developers who are willing to develop and release good video games to take over the market. For instance, Tencent Holdings Limited is a multinational company in China that develops video games, provides online lending, mobile payments, mobile gaming and is involved in capital investments. With such companies, China has a huge game base that cannot be matched easily by other countries.