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Set to be a US$272 billion industry by 2030, up from $98 billion in 2020, mobile gaming has become the dominant segment in the global video games sector, according to data and analytics company GlobalData.

A new study from Juniper Research identified digital games as the sector to generate the highest revenue by 2026, accounting for 45% of the global market value.

The streamer is looking to hire an executive to oversee its expansion into gaming, a person familiar with the matter said, a sign that it is ramping up efforts to grow beyond its traditional business as streaming competition intensifies.

Global gaming market will generate revenues of US$175.8 billion in 2021, a slight year-on-year decline of -1.1%. By the end of the year, there will be 2.9 billion players worldwide, according to Newzoo’s “Global Games Market Report”.

During the third day of the LA Virtual Screenings 2021, Isadora dos Santos, Juniors Market Analyst at Newzoo, presented the panel “The Global E-Sports and Game-related Live-Streaming Ecosystem”.