Next-gen consoles, PCs and mobile gaming are pushing the limits
The video game and film industries are continuously growing despite recent economic downturns. Experts predict a healthy business with ever increasing profits. Animated feature films dominated the box office in 2017. Also, the sales of the latest edition of next-gen consoles, PS 4 and XBOX One, are still going strong since its launch. On the indie games front, successful Kickstarter campaigns have changed the playing field.
For the concept artist, it means a healthy and expanding job market.
New reports forecast global video game industry will reach $143bn by 2020. - Newzoo
The global box office revenue is forecast to increase from $38bn in 2016 to nearly $50bn in 2020. - Statista.com
The report Mobile Game Market Forecasts estimates worldwide revenue from mobile games to reach $57.9bn by 2018. - Newzoo