The world of gaming is an insane fixture in society. Until now gaming is been considered a fun only activity, millions of addicted gamers around the world are considered to be wasting off precious moments of their lives addictively participating in MMOG's (Massively Multiplayer Online Games) and other forms of Gaming. Gamers receives no tangible rewards for their gaming efforts except for virtual coins which has little to no real life value. The Solution to This? Imagine a decentralized gaming ecosystem which enables gamers all around the world monetize and incentivize their passion for gaming. BitPlay is creating one of the first ever decentralized gaming ecosystem, Imagine a World where work is the equivalent of Play.
Global Games Market Report shows that 2.2 billion gamers across the globe are expected to generate $108.9 billion in game revenues in 2017.
This represents an increase of $7.8 billion, or 7.8%, from the year before. Digital game reve-nues will account for $94.4 billion or 87% of the global market. Mobile is the most lucrative segment, with smartphone and tablet gaming growing 19% year over year to $46.1 billion, claiming 42% of the market. In 2020, mobile gaming will represent just more than half of the total games market. The PC and console game markets will generate $29.4 billion and $33.5 billion in 2017, respectively.
Asia-Pacific is by far the largest region, with China expected to generate $27.5 billion, or one-quarter of all revenues in 2017. Newzoo expects the global market to grow at a CAGR of +6.2% toward 2020 to reach $128.5 billion. Based on its review of final 2016 financial results of more than 70 public companies.