Market Size and Growth

The global gaming market (hereafter referred to as the market studied) was valued at USD 176 billion in 2020 with 2.7 billion gamers globally, and it is expected to reach a value of USD 217.9 billion by 2023, registering a CAGR of 9.4% over 2018-2023. At the same time the Blockchain gaming market, which is currently valued at $1.6 billion, is expected to grow to $50 billion by 2025.

There are currently over 1247 blockchain games in the market, with more games released every day and more and more players are attracted to play games, with concepts like ‘play to earn’. Due to global lockdown measures, people stayed at home and some turned to gaming platforms to pass their time. These platforms are attracting more than hundreds and thousands of new visitors in online traffic. Video gaming trends have experienced a massive surge in players and revenue recently. Companies like Microsoft, Nintendo, Twitch, and Activision have all reached new heights in player investment. In April 2020, Microsoft reported that subscribers to Xbox Game Pass, a Netflix-like subscription service, topped 10 million. Among those subscribers, Microsoft also reported a 130-percent increase in multiplayer engagement across March and April.

The fighting game scene is a popular category in the gaming market. It is the 6th most popular category among video gamers with a larger unit market share than Racing or Strategy games. The Fighter Game scene has a huge following and is popular with gamers and viewers alike. The top 10 fighting games tracked by Eventhub record c. 60K players competing in online multiplayer or tournaments against each other. If people do not want to compete in the actual games, they can still be part of the action by following the fights and tournaments in of the 43K streams per week covering the fighting game scene. Total viewer hours amount to 3.7M per week for the Fighting Game scene, compared to c. 17M viewer hours per week for Action RPG games.

Video Games Sales in the United States in 2018 by Genre

Consequently, Fighter Games provide a great opportunity for game developers, as they have a strong cult-like following and attract lots of gamers around the world. The Fight Meta is the world’s first Arcade Fighter game to use cryptocurrency to fuel its economy. Players can wager on their fights and compete against other players around the globe.