Saturday 31 October 2009

Impact of economic downsizing on gaming industries

The current recession has put forward many questions over the gaming industries and how the gamers have responded. Gamers are involving themselves more in playing free online games and buying used games. This trend has affected the game sales at large. Along with the economic downsizing, lack of blockbuster title releases also encouraged gamers to play free games and buy used games rather than new ones.

The entertainment industry, more specifically the gaming industry has undergone noticeable changes due to the current economic downsizing. Individuals are focusing on extracting more fun out of free online games-games being a much cheaper and affordable form of entertainment. Consumers are engaging more to play free games which illustrate their desire to get more value out of games. There are great possibilities for gaming industries in the near future owing to the fact that the number of individuals interested in playing games is increasing everyday.

Statistically the gamers have purchased more used game than the new ones over the last couple of years. The consequent advancement of internet has also opened up opportunities for gamers to play free games even more. Alongside buying used games, the internet also provide opportunities for subscription to game rental services by mails. The study of game-play and acquisition to free online games reveals that the gamers have become more value conscious spending time playing. The number of individuals adopting game rental subscriptions and buying used games have increased manifold.

Consumers are giving more attention to gaming compared to any other entertainment choices like watching movies, going to theatres, buying DVDs. Though there is no such illustrative data available regarding the timeframe or the exact attendance, but it can be claimed without any anomalies that the number of consumers selecting games as a mode of entertainment have largely increased. Alongside DVD purchasing and movie-going, playing both paid as well as free online games is also getting increased attention. Gamers are able to sit back at home and spend long hours playing free online games.

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