Subscription and cloud gaming on track to achieve $14 billion by 2027
Subscription and cloud gaming platforms continue to capture the attention of consumers, with a new report from Futuresource Consulting sizing the market at $6.8 billion in 2022. The specialist research house also expects market revenues to achieve $8.3 billion in 2023, as popularity maintains its surge.
UK consumer spend on video entertainment to surpass £11 billion in 2023
The UK video entertainment market continues to put in an energetic performance, despite cost-of-living pressures stemming from high energy bills and rising food costs. A newly released report from Futuresource Consulting shows that the industry bounced back from its COVID-induced slump in 2021 and continued climbing, ending 2022 with an additional 10% growth.
Education, Pro AV and Gaming: Reassessing the esports landscape after COVID-19
Esports has come a long way from its reputation as being a niche hobby for teenagers. In recent years, esports has rocketed into a multi-billion-dollar opportunity, spanning multiple industries and garnering audiences on a global scale. From 2019 to 2020, revenues grew by 5%, and the following year, they jumped by another 17%.
TWS remains a firm consumer favourite while open-ear audio gains traction
Consumers have an unwavering appetite for TWS technology, a new research study from Futuresource Consulting shows. Audio Tech Lifestyles, the firm’s annual consumer research survey, sheds light on the behaviours and habits of audio technology consumers across the USA, UK, Germany, Japan and China.