The Continued Growth of the Mobile and PC Video Game Markets

[This press release is made available courtesy of Youngstown Game Developers and its partnership with notable game PR-related resource GamesPress.]

FinancialBuzz.com News Commentary

[25-September-2017]

NEW YORK, September 25, 2017 /PRNewswire/ –

A report by Juniper Research estimates that the video game market on PC and mobile will grow to earn $132 billion in total revenues by 2021. CNBC reported that according to the research, the growth in the industry is being driven largely by mobile gaming and the ‘free to play’ (F2P) model. The F2P revenue model allows users to download and play the game for free, while the company charges for different items within the game and pushes advertisements. Piers Harding-Rolls, Director and Head of Games Research at IHS Technology, explained according to CNBC, PC and console-based digital sales have made much smaller contributions to the growth of the market compared to the mobile games app. Versus Systems, Inc. (OTC: VRSSF), Activision Blizzard, Inc. (NASDAQ: ATVI), GameStop Corp. (NYSE: GME), Electronic Arts Inc. (NASDAQ: EA), Take-Two Interactive Software, Inc. (NASDAQ: TTWO).

Even though the PC market is not as robust, the PC platform for video games is still crucial to the industry and shows signs of a potential recovery. Ted Pollak, Senior Game Industry Analyst for JPR said, “Global consumers continue to embrace the PC platform for video games due to multiple factors. The desktop ergonomic is popular because the display distance offers increased detail when using HD and UHD monitors. Additionally, there is superior control with mouse and keyboard control interfaces. This has been validated with eSports overwhelmingly being played on PCs.”

Versus Systems, Inc. (OTCQB: VRSSF) is also listed on the Canadian Stock Exchange under the ticker symbol ‘VS’. Just earlier today the company announced breaking news that it has partnered with 704Games, and will integrate the Versus prizing platform into 704’s full slate of NASCAR Heat games. 704Games and Versus are currently integrating Versus System’s pricing and promotions platform into 704’s NASCAR Heat Mobile – a technical integration that provides players with opportunities for both in-game prizes and real-world rewards. NASCAR Heat Mobile is currently available on Android and iOS and has a four-and-a-half star rating in the iOS app store.

Matthew Pierce, CEO of Versus Systems said, “We are honored to be working with 704Games on their well-known and well-respected NASCAR Heat franchise. This integration allows Versus to reach a larger audience while also helping make 704’s games even more engaging. The Versus platform integrates prizes from the thousands of brands that love both racing and gaming right into the player experience.”

Versus Systems, Inc. has developed a proprietary in-game conditional pricing and promotions engine that enables players to win real prizes from brands that they care about while playing their favorite games on PC, console, and mobile. Versus allows game developers and publishers to provide in-game prizing for all of the world’s 2.6 billion gamers – making games more fun, and more engaging. Versus’ prizing includes gear, apparel, tickets, energy drinks, and downloadable content from brands like Tier 1, Han Cholo, Rockstar Energy Drink and others. Learn more at https://www.versussystems.com .

Activision Blizzard, Inc. (NASDAQ: ATVI) is the world’s most successful standalone interactive entertainment company. The company’s portfolio includes some of the biggest franchises in all of the entertainment, developed by the incredibly talented teams at Activision Publishing, Blizzard Entertainment, King Digital Entertainment, Activision Blizzard Studios, Major League Gaming, and its independent studios, including Toys for Bob, Infinity Ward, Sledgehammer Games and Treyarch. Recently, the company announced that its wholly-owned subsidiary Bungie and Activision Publishing, Inc. delivered the world-renowned, first-person action game, Destiny 2, to players across the globe on September 6 on PlayStation®4 systems with additional, timed exclusive content, and Xbox One. The original Destiny became the biggest new console video game franchise launch in history, and Destiny 2 surpassed the original’s records for engagement and digital sales in launch week.

GameStop Corp. (NYSE: GME), the world’s largest video game retailer, offers the best selection of new and pre-owned video gaming consoles, accessories and video game titles, in both physical and digital formats. GameStop also offers fans a wide variety of pop vinyl toys, collectibles, board games and more. Recently, the company announced that it is offering up to $400 cash when customers trade-in their current generation smartphones. Through its trade-in program, the retailer is digging deep into its money vaults to offer top-dollar on a variety of unused, new or pre-owned smartphones and other consumer electronics.

Electronic Arts Inc. (NASDAQ: EA) is a global leader in digital interactive entertainment. The Company develops and delivers games, content and online services for Internet-connected consoles, mobile devices, and personal computers. EA has more than 300 million registered players around the world. Recently, the company launched EA SPORTS™ NHL® 18, delivering an authentic, fun and fast-paced hockey experience where the ice is a playground. Featuring new Creative Attack controls, an all-new Defensive Skill Stick, Creative A.I. and a brand-new 3-on-3 gameplay experience, NHL® 18 captures the skill and creativity displayed by today’s young superstars.

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) is a leading developer, publisher and marketer of interactive entertainment for consumers around the globe. The Company develops and publishes products principally through its two wholly-owned labels Rockstar Games and 2K. Recently, 2K announced that NBA® 2K18, the next iteration of the top-selling and top-rated NBA video game simulation series, is now available for purchase at retail and online vendors worldwide. One of the most dominant entertainment franchises of the past decade, NBA 2K18 is reinventing sports gaming yet again with the introduction of the Neighborhood, the first live world inside NBA 2K18.

FinancialBuzz.com Social

Sign Up Now at http://www.FinancialBuzz.com  to Receive Alerts on Trending Financial News from all these companies. ‘The Latest Buzz in Financial News’

Watch their reports from NYSE https://www.youtube.com/FinancialBuzzMedia

Follow Financial Buzz on Twitter for real-time Financial News Updates: https://twitter.com/financialbuzz

Follow and talk to Financial Buzz on Instagram: https://www.instagram.com/financialbuzz

Facebook Like Financial Buzz to receive live feeds: https://www.facebook.com/Financialbuzz/

About FinancialBuzz.com 

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production, and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com  (the ‘Site’) is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject of the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For this release, FinancialBuzz.com expects to be compensated five thousand dollars for financial news dissemination and PR services by a third party for versus systems inc. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site o! r continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members, and affiliates are not responsible for any gains or losses that result from the opinions expressed in this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax, and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure, and Terms of Use. Please visit: http://www.financialbuzz.com

 

 


Join #YGD email list. Receive updates, game dev news, tutorials, events and much more… all to help you make your video game.


Please share this post with the social buttons floating to your right and at the top and bottom of this post. Thanks!


Youngstown Game Developers is a free game development resource center and indie game development network to help you meet other indie developers and give you the resources you need to help you get your game into the market. If you ever have any questions about game development, ask us and we will write an article just for you.

Leave a Reply