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The Future of Gaming Industry: PlayStation 5 and the Xbox One Series X

The video gaming industry has transformed in the past years. It has become so fast-paced when it comes to releasing new features, updates, and games. The number of gamers to have increased exponentially because of the growing availability and popularity of multi-functional gaming consoles. Smartphone companies like Razer and Asus are also releasing their gaming smartphones. On top of all that 2020 is a big year given that we have been promised a new generation of gaming consoles like the PS5 and Xbox One Series X. in India, gaming has witnessed a massive boom amidst the Covid-19 crisis. Games such as PUBG, Minecraft, and Fortnight Battle Royale have seen a surge in players amid lockdown. Reports say there hav=s been a rise of approximately 49%, 124%, and 173%, respectively. “The study also tracked how many times leading consoles were searched between January and April. The most searched console in April was Nintendo Switch, followed by Xbox 1, Playstation 4, and Wii U,” the report read. PUBG Mobile was one of the most preferred mobile games for Indians, along with Subway Surfers and Ludo King.

Among all this, Samsung has also launched its new Odyssey G7 Curved Gaming Monitor, which is the world’s first gaming monitor with an accurate color representation of 1000R curvature and 240Hz refresh rate screen. Sony released Star Wars Battlefront 2 and Call of Duty WW2 as Playstion free games for June 2020. Zynga has announced that it is acquiring Peak Games for $1.8 billion. Zynga is famous for games such as Farmville and Cityville.

The PUBG Mobile developers at Tencent Games have shared some essential stats about Season 12, releasing information that the most helpful gun during the whole season was DBS Shotgun, killing atleast 50million users.PUBG Season 13 has received a massive wave of new features and new locations for the users to enjoy.

Sony postponed an online event to the 4th of June at which it will display games tailored specially for the new PlayStation 5. The PlayStation team tweeted,” “While we understand gamers worldwide are excited to see PS5 games, we do not feel that right now is a time for celebration”. We suppose this is because of the USA’s massive civil unrest against racism and the death of George Floyd by a white police officer and the novel coronavirus, which has taken the lives of many people. The Annual Electronic Entertainment Expo was also canceled, which was going to be held in Los Angeles sometime during June. Sony is expected to release its latest edition to the PlayStation family later this year. Sony has remained very secretive about its price, specs, and launch date though we expect it to cost around $450 US dollars and will be launched around Christmas time this year.

The phenomenal growth of this sector has created new revenue streams and opportunities for brands, online businesses, as well as individuals looking to take up gaming as their career. The gaming industry is projected to grow even through the pandemic situations. Professional gamers also use their expertise to help brands develop and test their games and plan how to reach the market. So please keep your eyes open for many more advances in this sector, and staying updated keeps following us.