Video game startups expected to register further success in 2022 and beyond
As well as accessing social media tools like Twitter and utilizing services such as Netflix, gaming is a favored entertainment option in the modern world. In fact, gaming has always been a go-to product for many of us, except the all-around package on offer in 2022 has reached new heights.
As such, the image of a stereotypical gamer has certainly changed, with more and more people around the world discovering the benefits of gaming, perhaps through a sophisticated console machine or by accessing an array of games as and when it suits them using a smartphone. As a result of gaming’s evident growth, the video game industry is now bigger than the movie and music industries combined and also record a staggering $56.9 billion in sales per year. It’s expected to grow further to $293 billion by 2027, too.
Alongside the manufacturers of hugely powerful console machines and gaming smartphones, other factors have also contributed a great deal to the overall success of the industry. From online casinos teaming up with leading games developers and using the expertise of a gaming mathematician and writer, such as Michael Shackleford, to a selection of video games start-ups that are breaking the space with innovative gaming products in an attempt to overtake the likes of Niantic’s augmented reality tool, this particular entertainment category features some truly impressive innovators. In fact, some notable start-ups are expected to contribute more to the gaming space in 2022 and beyond. Let’s take a look at some of them below.
Founded in 2019, Multiverse is a respected name in the tabletop gaming sphere. Although it isn’t completely ready yet and will come out at some point this year, it’s a company that is expected to explode onto the scene further due to an interactive platform that will allow gamers to build their own games. Alongside Multiverse’s other success stories, its interactive platform could achieve global success.
A UK-based start-up, Merge Games specifically deals with indie games developers and assists them in the creation of certain titles. Operating out of Manchester, this particular company boasts a team of respected developers that have previously worked on some of the industry’s biggest projects. After being founded in 2010, Merge Games has earned a solid reputation for itself after collaborating with some of the leading indie game providers around.
Although the company has been around since 1991, Epic Games has reached new heights in recent years, mainly thanks to Fortnite. One of the biggest video games ever made, the American start-up is behind it and has amassed earnings of up to $5.5 billion as a result. Epic Games is a company to follow closely in 2022 in particular, largely because of its plans for the creation of the largest metaverse project ever, with $1 billion in funding already behind it.
Based in Singapore, Epik Prime works with reputable video game developers to provide a range of leading titles to global audiences. The Nintendo-backed start-up is working with some of the biggest and best names in the game, with over 250 companies being incredibly happy with Epik Prime’s services. Since being founded in 2018, it’s an ambitious start-up that has continued to illustrate growth on a yearly basis.
Behind one of the most successful gaming titles ever, it probably comes as no surprise to learn that PUBG Corporation is a booming start-up. The South Korean company is responsible for a game that has over 400M registered users at the time of writing, as well as working with some of the industry’s major players.