E-games, VR and AI hit US$174B income by 2021

Technological innovations such as e-games, virtual reality, and artificial intelligence are expected to hit total sales of one hundred and seventy-four billion dollars ($174B) by 2021.

According to Newzoo, a worldwide leader in e-sports and e-games, e-gamers alone have reached a little over two and a half billion (2.6B) globally.

They are expected to spend at least one hundred forty-eight billion dollars ($148B) on games and associated commodities this year. 

E-gaming is also transforming various sectors. For instance, a virtual gaming platform is expected to assist medical students to gain practical skills. Moreover, the education gamification market has grown by more than thirty percent (30%).

E-gaming has emerged to be an exceptional trend in the present age. As a result, notable titans such as consoles and connected devices have appeared in e-games.

At the GamesCom fair regarded as the largest worldwide, a battle of the titans will be witnessed as connected devices take on consoles. It will take place in Cologne, Germany.

Fans of e-games have been jostling to the event so that they can witness e-sports gurus in action. 

E-games enthusiasts rise

The convention taking place in Cologne which opened on August 20 is an indicator of how e-games have evolved to be exceptional. 

Expressly, this event will be opened to the general public following a group of sneak-peek encounters where huge e-games enthusiasts are seen. A whole week of fun is slated.

E-sports or online gaming has emerged to be a lucrative sport because stars in this sector are earning wages equivalent to what professional tennis or soccer players attain.

For instance, in June 2019 at Fortnite World Cup, Kyle Giersdorf, a US teenager won a whopping three million dollars ($3M).

Cloud gaming at e-games fair

The organizers of the Cologne convention have asserted that the primary focus will be on cloud-based gaming. 

An emerging trend is being witnessed whereby connected devices are being favored as compared to consoles, for instance, Sony Playstation.

According to Felix Falk, a Gamescom’s member, cloud gaming is an exceptional trend because gamers can play the newest games on any device that supports cloud technology. 

Additionally, independent developers will be provided with the opportunity to enhance their expertise.

Fans will also have a glimpse of forthcoming releases. Industry analysts and developers will also accommodate their insights.

E-Game Designers have a heyday

If you’re thinking of a very fulfilling career in this present day, why not consider being a developer of e-games.

A Video Game Designer can get a salary between Forty Thousand to Sixty Thousand US dollars ($40,000 – $60,000) based on tenure level. Video game 4designers will most likely earn an average compensation of Fifty Thousand Four Hundred US Dollars ($50, 400) annually.

Video Game Designers obtain the highest salary in Washington, where they earn a compensation of approximately Seventy Thousand Three Hundred Sixty US Dollars ($70,360).

People in this career can expect the most salary in Management of Companies and Enterprises, where they earn an average salary rate of Sixty Nine Thousand Eight Hundred Ninety US Dollars ($69,890).