Impact of emerging technologies and mobile games on UK economy

The global software industry will grow from an average $138 billion, in 2018 to $180 billion in 2021. It is estimated the number of mobile phone users will pass 5 billion by 2019, while, there are 2.2 billion active mobile gamer across the geographies, and at least 1 billion are paying or spending money on playing.  It is assumed the number of active gamers will grow to 2.73 billion by 2021. 

Future technology trends 

Mobile and smartphone industry itself will continue to grow in the coming years based on new innovations and greater ease of use.  

In the coming decade, 5G networks will be introduced in most countries and these networks will offer higher connectively speeds and improve capacity. 

Artificial intelligence, voice recognition and better algorithms in various programs will be introduced to increase ability of Smartphone and increase its utility in every field of work.  

It is predicted the use of lithium ion batteries will continue in the smartphone market. 

Technology scope will grow in other areas such as entry into offices, paying bills, technology based money transfer, entry to hotels, cars, buses, homes etc. Biometric sensors and 3D facial scanners will be available in most places across the globe. 

Mobile games predictions

Mobile industry undergoes changes at a fast pace, where the trends move quickly to a new device, new game or new features, and worldwide millions of active players are downloading mobile games.  Apps and smart phones are growing together where mobile gaming is becoming the most dominating sector in the gaming market. It is estimated that it will surpass other options (such as Playstation and Xbox in a few year).  

 The report by Baird Equity Research's Colin Sebastian states the industry bought revenue of $46 billion in the current year and this accounts for 42 per cent revenue of the total video game industry. 

Mobile devices are now able to provide some of the free games and Smartphone version of FIFA and latest sports. 

UK – industry of mobile gaming

UK is fifth biggest gaming market where consumer spends up to £5.11 billion towards games in 2017.  

Employment opportunities in technology and games industry will increase. Currently, these industries employ more than 12,000 employees (FTEs) in the sectors of game publishing and development. 

In the UK, in 2017, at least 32 million people were playing games and spending up to 4.2 billion dollar on it. 

Grand Theft Auto V, is one of the most successful games, which has earned more than 6 billion dollars globally, and is one of the fastest grosser. 

There are more than 2000 active gaming companies in the UK.

New developers are working to build apps on artificial intelligence, esports, VR/AR other than console, PC and mobile.  

Currently, some of these features are already in use. People are using smartphone for entertainment, game and for business. Workplace transformation to online interactive platforms, and a number of related services based on these factors will be introduced, where it is estimated that in EU about 45 per cent of the workforce will be able to use mobile as their primary work device. 

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