I covered the latest trends in the gaming industry in H1 2022. Venture funding, M&A, Metaverse and blockchain gaming
How does the Esports industry make money and where are we in the development of the business side of Esports?
We (Remagine Ventures) and our friends at Fusion LA are happy to invite founders, investors and media experts to the inaugural Media and eSports Online Annual Conference on June 23rd (Tomorrow!). Sign up for free: https://us02web.zoom.us/webinar/register/WN_6IaafPKgRMWV_D5yymUs2w
Why gaming is the next biggest backbone for socialising and not a fad to be taken lightly.
The growth in cloud gaming presents a big opportunity for startups. Until now, the main benefactors of free-to-play Battle Royale games like Fortnite or Apex Legends were the studios (Epic Games, EA, etc.) or the platforms (like Twitch, YouTube, Caffeine, etc.) as well as the advertising platforms, who drove traffic to these games initially. With the growth in the gamer and viewer population, the dollars are pouring in from gamers (for skins, and in-game purchases), brands and media companies (who otherwise struggle to reach this demographic). Couple that growth with new tech developments (AI, computer vision, real time streaming with zero latency, streaming overlays, etc) and it’s clear to see new opportunities emerging for for startups in ‘game enablers’ or ‘game enhancers’.
eSports has become a global phenomenon. While it’s growing very quickly, it only represents about 1% of the global gaming market. I this post, my partner Kevin Baxpehler covers the trends in the eSports ecosystem and emerging eSports landscape in Israel.
What do you know about Israeli B2C startups? In this post I shine a spotlight on the consumer segment in Israel and explore the trends in consumer tech in Israel.
