Xsolla,
a global video game commerce company, announces the inaugural edition of “The Xsolla Report: The State of Play.” This resource is designed to
serve as a strategic compass for everyone involved in the ever-evolving gaming
industry and game development community.
The
inaugural Fall 2023 edition of “The Xsolla Report: The State of Play”
offers an in-depth exploration of the core domains shaping our industry, such
as Payments, Mobile Gaming, and Product Development. With projections
indicating a global market worth $211.2 billion by 2025, this report provides a
unique viewpoint on the opportunities ahead for everyone in the industry.
Consider
this report not merely as a snapshot of the current gaming landscape but as a
comprehensive, forward-thinking guide packed with actionable insights, deep
analyses, and expert perspectives. Whether you’re a game developer or a
seasoned industry professional, this report aims to serve as your roadmap for
navigating the complex future of gaming.
Diving
into the latest insights from Xsolla, the global real-time payment transactions
landscape has gone through a transformative shift. In 2022, the sector reported
a robust $195 billion in transactions, showcasing a year-on-year growth of
63.2%. Looking ahead to 2027, projections are set at an astounding $511.7
billion, maintaining the same year-on-year growth rate. By then, it is
anticipated that 28% of all electronic payments globally will be conducted in
real time. These compelling figures highlight the momentum of the digital
payments industry, with Xsolla poised to be at the forefront of this evolution.
34% of
gamers had demonstrated their continued dedication to cloud gaming, showing a
willingness to spend between $10 and $30 monthly. This strong interest not only
highlighted the growing appeal of cloud gaming solutions but also emphasized
the need for ongoing innovation and investment in this sector.
Focusing
on Brazil in the report, the country emerged as a powerhouse in the digital
transaction landscape in 2022. Brazil accounted for 15% of all real-time
transactions worldwide last year. Notably, with a growth rate of 228.9%
year-on-year, Brazil stood as the third fastest-growing real-time payments
market globally in 2022. This remarkable trajectory emphasized the importance
of the market in the broader context of global electronic payments. As Xsolla
continues to monitor and engage with global markets, Brazil’s performance
remains undeniably pivotal.
“The
Xsolla State of Play Report is more than just an industry summary; it serves as
a comprehensive playbook to navigate the intricate elements of the gaming
ecosystem,” said Chris Hewish, CEO of Xsolla. “Acknowledging that
2022 was a challenging year for many, we see 2023 as a year of rebound. Our
report delves into market trends, technological advancements, and shifts in
consumer behavior to equip game developers and industry leaders with the
insights they need for a successful turnaround.”
As we
continue to chart the ever-changing terrain of the gaming industry, we invite
you to anticipate the next edition of “The Xsolla Report: The State of
Play,” scheduled for release in January 2024. This forthcoming installment
will furnish game developers and industry professionals with in-depth analyses
from this past year and actionable insights tailored to meet the challenges and
opportunities of the evolving gaming landscape in 2024.
The
Xsolla Report: The State of Play is now available for complimentary download.
To secure your copy and gain invaluable insights into the gaming industry,
visit our website: xsolla.pro/xsolla-report
About
Xsolla
Xsolla
is a global video game commerce company with a robust and powerful set of tools
and services designed specifically for the industry. Since its founding in
2005, Xsolla has helped thousands of game developers and publishers of all
sizes fund, market, launch, and monetize their games globally and across
multiple platforms. As an innovative leader in game commerce, Xsolla’s mission
is to solve the inherent complexities of global distribution, marketing, and
monetization to help our partners reach more geographies, generate more
revenue, and create relationships with gamers worldwide.
Headquartered
and incorporated in Los Angeles, California, with offices in Berlin, Seoul,
Beijing, Kuala Lumpur, Tokyo, and cities around the world, Xsolla supports
major gaming titles like Valve, Twitch, Roblox, Ubisoft, Epic Games, Take-Two,
KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more.