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Xsolla, a globally recognized video game commerce company, has just unveiled its inaugural edition of “The Xsolla Report: The State of Play.” This groundbreaking resource is poised to act as a guiding light for all stakeholders within the ever-evolving gaming industry and game development community.
In the inaugural Fall 2023 edition of “The Xsolla Report: The State of Play,” Xsolla offers a profound exploration of the pivotal domains molding our industry, including Payments, Mobile Gaming, and Product Development. With forward-looking projections pointing to a global gaming market worth a staggering $211.2 billion by 2025, this report offers a distinct perspective on the forthcoming opportunities that await everyone in the industry. It is not merely a snapshot of the current gaming landscape; rather, it serves as a comprehensive and forward-thinking guide packed with actionable insights, in-depth analyses, and expert perspectives. Whether you are a game developer or a seasoned industry professional, this report endeavors to serve as your roadmap for navigating the intricate future of gaming.
Real-Time Payment Transactions Revolution
Delving into the latest insights from Xsolla, the global real-time payment transactions landscape has undergone a transformative shift. In 2022, this sector reported an impressive $195 billion in transactions, demonstrating a remarkable year-on-year growth rate of 63.2%. Looking ahead to 2027, projections are nothing short of astonishing, with estimates soaring to $511.7 billion, maintaining the same year-on-year growth rate. Anticipations suggest that by then, a significant 28% of all electronic payments worldwide will be conducted in real time. These compelling figures underscore the relentless momentum of the digital payments industry, positioning Xsolla at the forefront of this evolutionary wave.
The Rise of Cloud Gaming
Another fascinating revelation from the report is that 34% of gamers have showcased their unwavering dedication to cloud gaming, with a willingness to invest between $10 and $30 on a monthly basis. This strong interest not only highlights the growing appeal of cloud gaming solutions but also underscores the critical need for continuous innovation and investment within this dynamic sector.
Brazil’s Emergence as a Global Player
The report puts a spotlight on Brazil, which emerged as a powerhouse in the digital transaction landscape in 2022. Brazil accounted for a remarkable 15% of all real-time transactions worldwide last year. Notably, with an astounding year-on-year growth rate of 228.9%, Brazil stood tall as the third fastest-growing real-time payments market on a global scale in 2022. This remarkable trajectory emphasizes the crucial role Brazil plays in the broader context of global electronic payments. As Xsolla continues to monitor and engage with global markets, Brazil’s performance remains undeniably pivotal.
A Comprehensive Industry Playbook
“The Xsolla State of Play Report is more than just an industry summary,” asserted Chris Hewish, CEO of Xsolla. “It serves as a comprehensive playbook to navigate the intricate elements of the gaming ecosystem. Acknowledging that 2022 was a challenging year for many, we see 2023 as a year of rebound. Our report delves into market trends, technological advancements, and shifts in consumer behavior to equip game developers and industry leaders with the insights they need for a successful turnaround.”
As we continue to navigate the ever-changing terrain of the gaming industry, we invite you to anticipate the release of the next edition of “The Xsolla Report: The State of Play,” scheduled for January 2024. This forthcoming installment promises to provide game developers and industry professionals with in-depth analyses from the past year and actionable insights tailored to address the challenges and opportunities of the evolving gaming landscape in 2024.
The Xsolla Report: The State of Play is now available for complimentary download. To secure your copy and gain invaluable insights into the gaming industry, visit our website atxsolla.pro/xsolla-report.
Stay ahead of the game with Xsolla and “The Xsolla Report: The State of Play.
About Xsolla
Xsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in Berlin, Seoul, Beijing, Kuala Lumpur, Tokyo, and cities around the world, Xsolla supports major gaming titles like Valve, Twitch, Roblox, Ubisoft, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more.For additional information and to learn more, please visit:xsolla.com
