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It has the potential to revolutionize how we interact with digital content and could change the way we work, learn, play, and live. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 13.72%, resulting in a projected market volume of US$52.05bn by 2027. users by 2027. What is Artificial Intelligence?
of the CAGR to reach US$1535B by 2027. Its active collaborative forums provide extensive support through forums, tutorials, and user-generated content. The mobile gaming industry has exploded recently. Earlier in 2020, it was estimated at US$71.9B, but now it is expected to grow at 11.5%
billion by 2027. Large firms, particularly in gaming, see NFTs as a way to generate a consistent revenue stream from digital content. This allows even casual gamers to turn gaming into a living. As stated by the globe newswire , NFT sales have risen from $100 million in 2020 to $3 billion in 2022 and are expected to reach $13.6
Its interpretation of “metaverse” includes digital spaces where “individual interactions are highly multidimensional, and they can participate more profoundly with digital content,” than with written content.
During the lockdown years companies grew in headcount to supply content against the massive surge of demand. In other words, the rightsizing will reverse in 2027 (barring WW3) when the release slates are empty and publishers rush to hire talent to get their games onto the market faster.
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