Video games have been one of the most key sectors of the entertainment industry for years. They have seen strong growth during the global epidemic, like many digital experiences. According to the 2022 Global Gaming Market Report, we can be able to see that by the end of the year, the total number of players will approach 3.2 billion. Accordingly, video game spending will approach $200 billion.

The video game industry is a business that has existed for many years. It also gained its most important momentum during the global epidemic, like many other digital industries. In the 2022 Global Gaming Market Report, it is stated that the number of active users in the gaming industry will reach 3.2 billion by the end of 2022. Moreover, we can see  that this growth will continue until 2025.

On the other hand, the expenditures made in the sector creates new income models. Also, those expenditures will reach 200 billion dollars by the end of this year. As noted by Morgan Stanley, in-game expenses, called micro-transactions, came to the fore.

Founder of the game marketplace of Faytr, said that the improving performance of mobile devices and the spread of internet access are among the factors that support the gaming industry. Digital code / e-pin and game money sales are used to take advantage of the advanced features of video games. Faytr is a platform where currencies of the most popular video games can be traded. It appeals to a sizable community worldwide. As Faytr, we started our services based on the insights that the industry will continue to grow.

Majority of Gaming Studio’s Income from Micro Transactions

The interest of consumers in the video game industry has increased the competition between video game studios and publishers. According to Morgan Stanley, the global consumer market created by the players. It has also come up with it a new understanding of the game. Moreover, it is competitive and socially prominent. Just as in music industry, the increasing popularity of platforming and in-game currencies strengthened the market’s potential.

Fatih Yetim pointed out that the report of Take-Two has important clues. Yetim stated that 65% of the annual revenues of a video game giant like Take-Two are in-game expenditures. Another strong producer is Activision Blizzard. Activision Blizzard’s return on product sales for the second quarter of 2022 was $304 million. Also, in-game revenues and subscriptions totaled $1.34 billion. He added that this situation increases the importance of marketplaces.

Game Turned into a Social Entertainment Attracted by Every Age

Yetim states that in-game competition also affects the purchasing behavior of video game enthusiasts. He concluded his evaluations with the following statements:

Video games offer the opportunity to have one-on-one contact with a large community of people from all over the world. It also turns into a social entertainment that interests all age groups. Epin, which is used to buy and sell digital products such as clothes, weapons and characters offered in games, attracts the attention of all age groups as it improves the experience. To respond to this interest, as Faytr, in this journey we embarked on with the motto of Turkey’s most reliable epin Marketplace. We offer a platform where epins that will increase the enjoyment of popular games such as PubG, Valorant, Metin2, Fortnite, Zula, Mobile Legend. It gives us the opportunity to trade. With our SSL secured payment infrastructure that supports debit, credit and prepaid cards, we enable players to obtain the product they want easily, quickly and securely.

To sum up, the game industry is one of the most important elements of today. Good image quality, being powerful and extensible are among the most significant features to look for in the games you will play. We can help you in this regard with our sectoral knowledge and extensive connections. For more detailed information on the subject, visit our website. At the same time, you can reach us through our communication channels and review our work through our social media channels (Instagram, Reddit, Twitter, and GitHub).

For more information about all our services, please visit our Lavega Games and Lavega Project website.