Sustainability is increasingly important in the gaming industry, with more companies adopting eco-friendly practices and integrating environmental themes into their games.

Valued at $231.40 billion in 2022, the global video game market is projected to grow to $446.4 billion by 2032, reflecting a compound annual growth rate of 6.5%.

Mobile gaming remains the largest segment of this market, driven by over 3 billion smartphone users and the success of popular titles like Genshin Impact and Call of Duty: Mobile.

Cloud gaming is expected to emerge as a major force in 2024, with platforms such as Google Stadia and Microsoft xCloud providing high-quality gaming experiences without the need for expensive hardware.

The expansion of the metaverse, led by companies like Epic Games and Roblox, is creating immersive virtual environments that enhance user engagement.

Stakeholders are urged to stay informed about emerging trends to capitalize on new opportunities in this rapidly evolving video game landscape.

The gaming industry has undergone a significant transformation, expanding beyond traditional consoles and PCs to embrace mobile gaming, cloud platforms, and virtual reality experiences.

User-generated content is a significant trend, with 79% of gamers engaging with games that allow for co-creation, exemplified by platforms like Minecraft and Roblox.

In 2018, Jeferson Valadares returned to Europe to establish his game development company, Doppio, in Lisbon, attracted by the favorable investment climate and English-speaking population.

Following the success of Doppio's first game, Vortex, which received positive feedback from Amazon, the company secured investments from major players including Amazon and Google.

As esports continues to grow, 2024 is expected to see increased viewership and investment in professional gaming leagues, further solidifying gaming's position in the entertainment sector.

Diversity and inclusivity are also gaining focus, as the industry prioritizes diverse character design and accessibility for gamers with disabilities.