The Gaming Market

In the past the gaming industry has flourished, ever since the first game hit the public market there were business geared towards the exportation of games. It started out as arcades. When the first console was released it allowed the possibility for a sequence of games to be made for the use of the general public. Currently there are a mass of game consoles available for the public. The game industry is considerably large enough to support new start up game development business. With the continuous release of new games to all of the consoles, it allowed a large market in the gaming industry with new ways to distribute new types of games. At the moment the newest platform for games is social networks such as FaceBook and MySpace. In the next three years there is going to be a new group of consumers in the past most of the games were targeted towards the youth, future games will be able to accommodate more experienced consumers. In the next five years I see an investment into interactive games that will work solely off of body manipulation in order to control the characters in the game. With a new way to interact with consoles there will be an even larger and complex market to be investigated and exploited. There are defiantly some major opportunities to explore in the gaming industry and the new markets will allow my business to grow and become more stable, there is defiantly an opportunity for a small business to such as G-LG to take part in the gaming industry especially because of the large consumer base.