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Redfinger | Ways to Seek New Growth for Mobile Gaming Firms Following the Epidemic 2023

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Following the recovery from the COVID-19, more people are allowed to boast less time enjoying leisure time at home. In addition to the fact, the global macroeconomy without sound performance and the change of privacy policies from Apple Store and Google Play have dealt blows to the gaming industry. Recently, research institutions in the sector, including Newzoo, have lowered expectations on the annual gaming market.  Deconstructor of Fun - the well-known industry analysis blog - notes in recent days that the impact experienced by major mobile gaming categories and mobile games is analyzed and some insights are offered in the blog.  DOF believes that despite the overall impact, the time for mobile games to rank in the top 100 in terms of total revenue is narrowed down, and some categories are bucking the trend. In addition, the mobile game market will continue to retain its attractiveness. However, under the influence of the new privacy policies, each game developer needs to me...

Redfinger | Investment Booming? Singapore Highlights Developing Gaming Industry

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As per the latest data released by Newzoo, it has altered the previous predictions in gaming sector, adjusting from a 2.1% increase to a 4.3% decline in the global gaming market in 2022. Despite the seemingly downturn in the gaming industry, it is surprising to see that investment in the sector is increasing worldwide. More and more game publishers, leading players in the internet, and even governments are giving hands to help develop the local gaming sector.  Early this month, the European Parliament voted to support the development of a Europe-wide videogame ecosystem. And then Germany announced that it would raise its national support budget for the local gaming industry to €70 million. In addition, France and Ireland introduced tax exemption extensions and tax credits this month. What's more, Saudi Arabia has noted that it would invest $37.8 billion to develop its gaming sector.  With the policy support and development trend, more gaming publishers are willing to invest in...