The Future of Gaming in Thailand
Despite its relative infancy, the Thai เกมส์พนันออนไลน์ยอดนิยม industry has garnered significant funding and has been ranked the fastest growing video game market in Southeast Asia. The industry is expected to earn over $2 billion a year by 2025, according to NewZoo analysts.
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There are three key elements defining the Thai gaming market. These include the growing popularity of mobile gaming, the proliferation of esports, and the rising internet penetration in the country.
The Thai gaming market has shown steady growth over the last few years, and is expected to grow 15 percent or more each year. However, the industry is still in its early stages and finding successful businesses is tough.
Mobile gaming is the most popular platform in Thailand, with 95% of gamers using mobile gaming applications. The market for mobile devices is expected to grow at a rate of 7% per year.
In the first half of 2021, 95% of paying gamers in Thailand spent money on in-game products. The most popular purchases are in-game currency and playable characters.
For Thai gamers, gaming is more than entertainment. It also provides a social space, and a means to connect with friends and family.
In the next few years, the Thai gaming industry is expected to grow to nearly $1 billion. It is also expected to reach new audiences.
Gaming is a great way to meet new people and make new connections. It has also become a pop culture. The Thai government is taking a pro-active approach to support the industry. It has set up a Digital Economy Promotion Agency to promote the industry.