The gaming industry is entering a new dimension, with the emergence of the metaverse, a shared, persistent, three-dimensional virtual realm where users interact with objects, the environment, and each other through digital representations of themselves or avatars. Gaming companies are leading the way in this space, and the metaverse is expected to eventually be pervasive throughout society, including in the business world and on social media. According to a recent survey of executives from leading gaming companies, the gaming industry is expected to continue to grow at a compound annual growth rate of 15.6%. The global video game content revenue is estimated to reach $193.4 billion by 2025, with mobile gaming being the largest contributor. The gaming industry is expected to continue to evolve and transform with the emergence of the metaverse.
