The online game business is bigger than it’s ever been. The most important corporations are value trillions of {dollars} and dozens extra function within the billions. By way of social affect, video video games are a longtime, highly effective section of the artwork and leisure panorama. In 2023, the state of the online game market is, “large and getting greater.” So why, from a participant perspective, does it really feel just like the business is shrinking?
It’s been 4 years for the reason that final large online game showcase within the US. E3 2019 marked the final time the business met in Los Angeles for every week of recreation and {hardware} bulletins, and it’s lastly occurring once more this yr, just below new administration. Summer time Sport Fest kicks off at the moment, June eighth, and it’s organized by the workforce behind The Sport Awards, quite than the Leisure Software program Affiliation. There’s going to be a fundamental reside present at 3PM ET and a number of follow-up streams targeted on indie video games, plus occasions from Xbox, Ubisoft and Capcom operating by way of June twelfth.
The format of Summer time Sport Fest actually seems to be acquainted, however the business itself has modified drastically for the reason that final large summer season showcase. The Xbox Sequence X and PlayStation 5 have been available on the market for greater than two years, subscription-based cloud providers are literally viable, and the indie and AA house has discovered its footing once more. In the meantime, the most important corporations within the room have been on an acquisition spree, with Microsoft and Sony shopping for gifted studios in a bid to pad their new platforms with unique video games.
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