Elina Arponen, CEO of Quicksave, captures this sentiment: "I've been in the industry for 20 years, and this has been one of the biggest periods of turbulence. But with that turbulence undoubtedly comes fresh opportunity. There's space for newcomers as old models crumble, opening avenues for innovation and exciting new ways to run games businesses."
Metaplay is proclaiming the beginning of a "Game Development Renaissance," heralding a new era of growth, innovation, and operational excellence driven by advances in technology, fresh approaches to creativity, and better tools and strategies.
The mood is shifting, with 77% of game developers expressing optimism about the industry's growth. Projections support this optimism, with global revenue for games expected to hit almost $190 billion this year.
An impressive 73% of developers anticipate an increase in acquisitions and exits, which suggests a strong belief in the industry's future enlargement and potential for new entrants.
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