The gaming industry is one of the largest segments of the market in the entire world, and this market is continuing to grow and expand.
Today, we will discuss why games are so attractive.
Huge market
The gaming industry has grown rapidly in value over the past few decades, with games of all kinds emerging and covering almost all age groups. People are willing to play games online as long as they are at home. Someone estimate that participation in games has increased by more than 80%.
The explosion of the gaming industry has not slowed down with time. According to market forecasts, by 2026, the market of the industry will exceed $300 billion, and in two more years, the volume of the gaming market will exceed $400 billion, which already shows from the side that games are entering people’s lives and are changing the world.
Games are no longer exclusive to children. The average age of video game players today is over 30 years old, while more than half of them play games regularly.
Why are games so popular? What exactly is its appeal to us?
① Low-risk growth and goals
In the game’s levels, the game can satisfy the player’s need for a goal, whether you pass successfully or not and get a passing score or not. This can greatly satisfy the human sense of mission, which is one of the important human needs.
Although, the mission in games should not occupy our lives too much. However, in addition to real-world sensory interaction, games create a low-risk environment in which players can achieve their goals and be challenged. This is very powerful and creates a positive feedback loop to content creation that is satisfying while contributing to confidence and happiness levels.
② A lifestyle that relieves mental stress
Everyone will face a variety of pressure that from their own goals, work, family, friendship, and something external pressures. Any one of those pressure is difficult to accept and easy to make falling into the pain. Games are a way for many people to get away from the rat race, release stress, and relax.
It’s not escapism. It’s good for your happiness and your health. Doctors have found that being unable to stay online and being under constant stress often leads to fatigue, which increases the risk of heart disease, high blood pressure and other conditions.
At MAGO, we use gamification mechanisms to provide users with powerful outdoor interaction stimulation
③Community attachment
Community is something that very common in games. It is also the highlight of MAGO as an application.
The game allows players to make friends from all over the world and interact and play together in this virtual world. According to the survey, more than 80% of gamers said the game could tie them to make new friends and more than 70% said it was easier to find a community for them online.
As loneliness has increased in recent years, this make perfect sense. The communities created by games allow more people to find organization and a sense of belonging.
④ Mental health
Studies have shown that gaming is good for mental health, while keeping newspapers sharp and focused. Research at Oxford University found that people who play games for long periods of time are happier than those who don’t, while their IQ increases by 2.5 points.
Conclusion
Games are changing the world, and the same thing will be repeated in the Web3 space, where we expect games to enter and influence it. We at MAGO are looking forward to this happening.
