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Global Social Gaming Market Is Estimated To Value Over USD 57.44 Bn In Terms Of Value By The End Of 2027

George Miller

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Global Social Gaming Market Is Estimated To Value Over USD 57.44 Bn In Terms Of Value By The End Of 2027
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The Global Social Gaming Marketwas valued at US$ 17.40 billion in 2019, witnessing a CAGR of 16.1% during the forecast period (2019-2027), as highlighted in a report published by Coherent Market Insights.

Rapid growth in the number of internet subscribers is expected to boost the global social gaming market growth over the forecast period

The number of internet subscribers globally has increased massively over the years, in both developed and emerging economies. According to the Internet World Stats, there were over 4 billioninternet users across the globe as of June 2020, with a 62% increase in penetration. Internet is available in schools, offices, colleges, and leisure places such as restaurants and malls. Furthermore, access to social networking sites through the internet has made users cling to games, which have helpedthem engage socially. With the advancement in technology from 2G to 3G and now 4G internet services, the gaming industry is expected to reap the benefits of the growing internet subscribers. The 3G network enables the transfer of information at the rate of at least 200kbit/s, enhancing the gaming experience. Therefore, these factors are expected to propel the global social gaming market growth over the forecast period.

Market Opportunity

Research and development activities amongmarket players can pose significant market opportunities in the global social gaming market

Key companies are focused on research anddevelopment activities, to enhance the market presence. For instance, in May 2013, Zynga Inc. launched Running with Friends, a 3D action, high-speed arcade game, for the global audience on iPad, iPhone, and iPod touch. In July 2013, CrowdStar launched COVET Fashion, a fashion game for iPads and iPhones. Thegame incorporates seasonal designs with real-life clothing items and virtual outfit challenges.

Market Restraint

Ban on social networking sites is expected to hinder the global social gaming market growth over the forecast period

Online games such as FarmVille, Texas Hold’em poker, candy crush, and the criminal case are largely played on social networking sites such as Facebook, MySpace, and Google+. The ban on social networking sites such as Facebook, MySpace, and Twitter has caused huge losses to the market. Many Islamic countries such as Iran, Pakistan, and Indonesiahave forbidden the use of social networking sites. This is considered a taboo in the Middle East countries as well. They have blocked such sites primarily for security reasons. Therefore, these factors are expected to hamper the global social gaming market growth over the forecast period.

Market Trends

Collaboration and partnership activities among market players

Key players in the market are focused on collaboration and partnership activities, to enhance the market presence and gain a competitive edge in the market. For instance, in December 2012, Kingpartnered with Turkish Pepsi. According to the agreement, the Bubble SwitchSaga title will be printed on the cans as part of the marketing strategy along with codes that unlock credits. In November 2012, CrowdStar partnered with Tencent Holdings Ltd. to launch Top Girl, its popular game, in the world’s most populous nation, China.

Mergers and acquisitions among key mattercompanies

Major companies involved are focused on merger and acquisition activities, to expand their market strength. For instance, in December 2011, Electronic Arts Inc. acquired KlickNation, a company that develops role-playing games on Facebook for free. Furthermore, in July 2011, Electronic Arts acquired PopCap Games Inc., a company that developed popular games such as Bejeweled and Plants vs. Zombies. Electronic Arts, Inc. expects to increase its presence in casual and mobile gaming through this deal.

Competitive Section

Major companies operating in the global social gaming market are Zynga, Inc., Wooga GmbH, Playtika Ltd., King, Tencent Holdings Ltd., Electronic Arts, Inc., Renren Inc., CrowdStar, Booyah Inc., and Social Point.

Asia

Mplay signs important deal with Solid Gaming

George Miller

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Mplay signs important deal with Solid Gaming
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The game studio Mplay Games has recently signed an agreement with Solid Gaming to distribute their games. Mplay is a fast growing game studio focusing on premium casino games for the Asian market and India in particular. The games are built with interactive functions to give the players a whole new game experience.

With popular Indian games like Ludo Express and Jhandi Munda, Mplay has delivered the only real money games of their kind in the market today. With the very popular Indian game Teen Patti Champion they have created a brilliant version that will be loved by the Indian gamers and for sure set Mplay apart from other Indian inspired game developers.

Aiming to reach a wider audience for their games, MPlay’s deal with Solid Gaming is the key to reaching first and foremost the large and important asian market.

Solid Gaming is welcoming the additional games for operators aiming for a greater presence in India.

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Week 15/2021 slot games releases

George Miller

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Week 15/2021 slot games releases
Reading Time: 5 minutes

 

Here are this weeks latest slots releases!

Nolimit City conquers the Far East with Bushido Ways xNudge release. Back with another flash-hot release, the Malta based Software Provider and player favorite studio is announcing their fourth release. Still reeling from the success of their mega hit Fire in the Hole xBomb, exceeding all expectations set. The team announce Bushido Ways xNudge as their latest title addition to the ever growing portfolio. Bushido Ways xNudge offers a 5×3 reel set, with up to 12,288 expanding win ways. An xNudge symbol which can land on reel 3, adding a multiplier with every nudge, whilst also offering wilds & sliced wilds.

Bushido Ways xNudge® - NOW LIVE

 

Fantasma Games, the developer of slots beyond gambling, has debuted its latest game boasting a never-seen before mechanic, TitanwaysTM, which promises to elevate big win potential to the next level. Golden Castle Titanways™ is a 6×6 reel video slot that takes players to the haunted remains of a gilded castle where they must seek out hidden treasures. They are helped in their quest with three bonus features – Titanways™, Wild Haunt and Phantom Free Spins.

Fantasma launches Golden Castle with new innovative mechanic Titanways™

 

 

Evoplay has announced the launch of its latest enthralling slot title, Epic Legends. Fully optimised for mobile-gaming and developed using the latest in tech, Epic Legends is set in a futuristic Tokyo-inspired metropolis, with players challenged to uncover all four legendary creatures by finding one of the game’s intriguing symbols: Blue Legend, Violet Legend, Red Legend, or Green Legend. Offering a truly immersive journey forward in time, each of the game’s characters are themed in the Japanese video game style – with the aim to catch each of the four, totalling Blue Legend, Violet Legend, Red Legend, or Green Legend.

Evoplay gains new superpowers in Epic Legends

 

Stakelogic, one of the most in-demand game developers in the market, has debuted the latest title in its hugely popular classic slot series, Hot JokerTM. With 5×4 reels and 40 paylines, Hot JokerTM offers a modern twist on a traditional classic slot game with three bonus features to unlock as well as three different RTP versions (96%, 94% and 92%) available. In the base game, players will feel a sense of nostalgia as fruit and 7s symbols land on the reels. If three four or five of the Star scatter symbols drop, the Free Spins bonus will be triggered.

Introducing Hot Joker from Stakelogic

 

Lightning Box games is set to harness the power of Chinese mythology with its latest creation Lightning ShenLong. Players will be hoping the title character, named after the legendary dragon and bringer of storms, will make it rain in this enchanting 3×5 reel, 243 Way game. With ShenLong acting as a Wild, the reels are crammed with Sino-specific symbols and divulge their treasures to the accompaniment of a soundtrack from dynasties gone by. Riches await when the Lightning Bolt strikes to award jackpot prizes fit for an emperor and players can collect cash when the bolts fall in the active zone during Respins, providing a new take on the studio’s popular Lightning Respin mechanic.

Lightning Box’s Lightning ShenLong set to breathe fire with 32 Red exclusive

 

Kalamba Games has reimagined a popular classic title with a range of new features in Monkey God Buy Feature, the first game to launch exclusively on Kalamba’s own Bullseye RGS. A fresh take on the original, the game includes an all-new UI, the fan-favourite HyperBonus, the all-new K-Gamble feature and other key tweaks. Players can choose from four separate bet levels to enable a different number of Gold Symbols that have higher potential payouts and volatility. A proven driver of engagement, hitting three Koi Carp symbols triggers Bonus Spins, where even higher potential wins may be awarded.

Kalamba Games updates a deity in Monkey God Buy Feature

 

Slotmill’s latest slot ‘Lucky Lucifer’ is due to be released on 19th April. The slot marks a milestone for Slotmill as it is their first slot with a maximum win of 10,000 times bet and incorporating a Feature Buy function, allowing players to jump directly to the Bonus game. Lucky Lucifer is a 5-reel, 40 bet line video slot with a random wild feature in the base game and a bonus feature where multipliers are accumulated and multiplied with the bet. Three symbols with persistent multiplier enhancing features adds to the excitement and landing symbols on each of the five pentagram “hotspots” will reveal two extra symbol rows and Landing symbols on all 35 positions awards an extra 666x multiplier.

Slotmill’s First Feature Buy Slot Lucky Lucifer to be Released on the 19th of April

 

Pragmatic Play, a leading content provider to the gaming industry, has unveiled its newest hit, Floating Dragon Hold and Spin. The Asian-themed, 3×5 slot is packed full of features and fun, with three separate triggerable modes for players to enjoy. The first is the Fish Money feature, which sees each Fish symbol have a cash value attached and can be collected if the Lady lands on the reels. If multiple Lady symbols land, then the value is multiplied by the number of them.

Pragmatic Play Launches New Hold and Spin Adventure: Floating Dragon

 

Spinmatic has announced the release of its new slot game Ed Jones & Book of Bastet. The premium casino games developer and provider presents a new addition to its video slots portfolio. Ed Jones & Book of Bastet is an enthralling Video Slot game with an Ancient Egyptian Gods theme that has 5 reels, 3 rows, and 10 fixed pay lines. The features of the game are Free spin, Wild Scatter with a Pay-out, and Gamble. All were created for a captivating game experience.

SPINMATIC PRESENTS ED JONES & BOOK OF BASTET

 

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SPINMATIC PRESENTS ED JONES & BOOK OF BASTET

George Miller

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SPINMATIC PRESENTS ED JONES & BOOK OF BASTET
Reading Time: < 1 minute

 

Spinmatic has announced the release of its new slot game Ed Jones & Book of Bastet. The premium casino games developer and provider presents a new addition to its video slots portfolio.

Ed Jones & Book of Bastet is an enthralling Video Slot game with an Ancient Egyptian Gods theme that has 5 reels, 3 rows, and 10 fixed pay lines. The features of the game are Free spin, Wild Scatter with a Pay-out, and Gamble. All were created for a captivating game experience.

Technical info

RTP: 96.60%

Volatility: High

Demo: demo.spinmatic.net/Play/1710

Spinmatic is always innovating to provide stunning HTML5 casino games to the industry, with carefully developed storylines and high-quality visual and sound FX.

The company has grown enormously during the last years, having now a wide and diverse portfolio with more than 60 titles such as “Fall of the Beast”, “Poseidon”, or “Mayanera.”

Some of the company’s latest launches are “Haunted Chateau”, “World of Gods: Niflheim” and “3 amigos.”

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