As indicated by the most recent report, named “Gaming Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the worldwide gaming market arrived at a worth of US$ 167.9 Billion out of 2020.
The gaming industry outperformed both movies and sports combined last year as the biggest moneymaker in entertainment. In fact, on a global scale, the gaming industry was valued at $162.32 billion in 2020. Based on the current growth rate, it’s expected to reach a value of almost $300 billion over the next five years
As of 2020, it is estimated that China ranks first among the biggest gaming markets worldwide.
Technological proliferation and innovation in both hardware and software are expected to be the key factors driving the growth. The growing penetration of internet services coupled with the easy availability and access of games on the internet across the globe is also expected to keep the market growth prospects upbeat in the forthcoming years.
The growing penetration of internet services coupled with the easy availability!
The rising inclination from physical games to online games has led the industry participants to focus on hardware compatibility and efficiency. Free2Play (F2P), Massively Multiplayer Online (MMO), and multiplayer games have progressively gained popularity, a trend which is anticipated to continue over the next eight years.
The video game market is experiencing high demand in various avenues such as educational institutes and corporate enterprises. The adoption of gaming as an educational tool provides opportunities for deeper and cognitive learning. The concept of ‘gaming to learn’ has been around for quite some time. However, the actual potential for gamification possibilities in the academia vertical is being exploited only recently.
The cell phone section drove the market with a portion of more than 35% in 2019 and is relied upon to keep up its predominance over the estimate time frame. This predominance can be credited to the expanding cell phone entrance across the globe. The cell phone fragment is relied upon to acquire force inferable from expanding interest for tablets attributable to benefits, for example, bigger shows and better review insight. Handheld consoles are additionally expected to keep the development possibilities energetic..
Now let’s check how to create an online Gamestore!
- Step 1:Buy a domain & hosting.
- Step 2:install WordPress
- Step 3: Pick a theme / design for your website.
- Step 4: Get plugins to extend your website’s abilities.
- Step 5: Create basic pages.
- Step 6: Consider starting a blog.
A Domain means your website name& Hosting means the space for keeping the website files with a control panel. There you can manage all your website data. When you buy a hosting plan make sure to buy a good hosting. Because its very important for the website security traffic,SEO etc.If you want a good hosting plan with free domain click here
Know few things before starting up!
WordPress is a free and open-source content management system written in PHP and paired with a MySQL or MariaDB database. Features include a plugin architecture and a template system, referred to within WordPress as Theme.
What is a WordPress theme?
A WordPress theme is a tool to change the layout and design of your website. Themes customize the appearance of your site, including the layout, typography, color, and other design elements. … You can change the theme in WordPress to match your needs and industry
What is a WordPress Plugin?
A plugin is a piece of software containing a group of functions that can be added to a WordPress website. They can extend functionality or add new features to your WordPress websites. WordPress plugins are written in the PHP programming language and integrate seamlessly with WordPress.
Electro is a robust and flexible WordPress Electronics Store WooCommerce theme, built by the same team that developed MediaCenter – Electronics Store WooCommerce Theme to help you make the most out of using WooCommerce to power your online store. The design is well suited for Electronics Store, vendor based marketplaces, affiliate websites. It is built and comes bundled with most of the advanced features available in most popular eCommerce websites like amazon, flipkart, snapdeal, walmart, alibaba, aliexpress, etc. So if you are an amazon affiliate or want a multi-vendor marketplace for your niche market or a store owner, this theme is for you.
The theme is built on top of Underscores framework. The code is lean and extensible. This will allow developers to easily add functionality to your side via child theme and/or custom plugin(s).
It features deep integration with WooCommerce core plus several of the most popular extensions:
.Get The theme here