Gaming

Deloitte TMT 2023 Predictions: Across the globe, video streamers introduce ad-supported tiers, and spend big on live sports; AI tools design chips better and faster; and space gets crowded with satellites

  • Don't fear the tiers: major formerly ad-free streaming services will offer cheaper or free options with advertising
  • Streamers are getting in the game with live sports, in a bid to turn fans into subscribers
  • Chips are getting more complicated and design talent is scarce: AI tools could come to their rescue
  • Five thousand satellites in orbit could connect the world with data, but managing traffic in space is challenging

Deloitte today released its Technology, Media & Telecommunications (TMT) 2023 Predictions report which highlights the biggest global trends in TMT and how they could impact businesses and consumers. The report focuses on the crucial roles artificial intelligence (AI), advertising video on demand (AVOD), 5G and chips could play in our hyperconnected world.

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. (PRNewsFoto/Deloitte)

"This year's TMT predictions underscore a common theme, both with consumers and businesses-to do more with less- as inflationary pressures, supply chain issues and other world events continue to cause uncertainty," said Kevin Westcott , vice chair, Deloitte LLP, U.S. TMT and global Telecommunications, Media and Entertainment (TME) practice leader. "Given this, consumers are looking for more cost-effective ways to communicate, to be entertained, and to be productive, while businesses are looking for efficient ways to innovate in order to compete, differentiate and grow revenue. Our thinking on these emerging trends should help guide TMT organizations as they plan for the future and strive to meet their customers' needs."

Don't fear the tiers: Global growth in streaming services includes AVOD increase
Deloitte predicts that major streaming services that have been ad-free will add AVOD (advertising video on demand) options. While ad-free subscriptions aren't going away, Deloitte anticipates that by the end of 2023, major subscription video-on-demand services in developed markets will likely launch new ad-funded tiers. By the end of 2024, half of these providers will likely also have launched a free ad-supported streaming TV service (FAST). And by 2030, Deloitte expects that most online video service subscriptions will be partially or wholly ad funded.

"Our recent research showed the churn rate for streaming services in the U.S. was 37%. This means media and entertainment companies should continuously look for ways to generate new revenue while appealing to cost-conscious consumers who have a growing appetite for more compelling and diverse content," said Jana Arbanas , vice chair, Deloitte LLP and U.S. telecom, media and entertainment sector leader. "Advertising video on demand, for example, can satisfy both objectives by giving consumers more options that work within their budget and streaming companies more opportunity for growth by working with eager advertisers, not to mention more lasting relationship with consumers."

The next arena for the streaming wars: live sports
Streaming providers are spending billions of dollars on live sports. They have purchased rights across the spectrum of sporting events in a bid to attract, retain, and monetize their audiences via this popular content. Deloitte predicts that in 2023, streamers could spend more than US$6 billion 1 on major sports rights in the largest global markets.

Semiconductor companies turn to AI and high-power materials to design future chips
Chip companies are using AI to help design chips faster, cheaper, and more efficiently. Deloitte predicts that the world's leading semiconductor companies could spend US$300 million on internal and third-party AI tools for designing chips in 2023, and that number may grow by 20% annually for the next four years to surpass US$500 million in 2026. The impact of AI will likely go far beyond the money spent on AI design tools. They can enable chipmakers to push the boundaries of Moore's Law, save time and money, and even drag older chip designs into the modern era.

"The semiconductor shortage has demonstrated the need for faster, more efficient manufacturing of chips in order to meet demand," said Paul Silverglate , vice chair, Deloitte LLP and U.S. technology sector leader. "Artificial intelligence aided design can be used to address this need and can also make older chips better by moving to more advanced process nodes, and even help close the chip talent gap. By making chip design exponentially faster with AI, semiconductor companies can move beyond the current market challenges and focus more on what's next."

Supercharged semiconductors made of high-power materials are taking chip development to a new level. Replacing silicon, these materials—primarily gallium nitride and silicon carbide—are suited for the higher voltages, power levels, and resilience needed for increasingly common applications such as EV batteries, super-efficient consumer electronics chargers, powerful solar panels, advanced military applications, space technology and nuclear energy. Deloitte predicts that chips made of high-power semiconducting materials could sell a combined US$3.3 billion in 2023, up almost 40% from 2022. Growth in these types of chips, collectively known as power compound semiconductors, is expected to accelerate to nearly 60% in 2024, possibly generating revenue of more than US$5 billion .

Broadband satellites will need to navigate a crowded sky
Deloitte predicts that more than 5,000 broadband satellites could be in low-Earth orbit (LEO) by the end of 2023, because of growth in commercial data satellite deployments to provide high-speed internet to every corner of the world. They could make up two working constellations providing high-speed internet to nearly a million subscribers on all parts of the planet, no matter how remote.

If every organization currently planning to build an LEO constellation succeeds, seven to 10 competing networks could be operational by 2030, with a total of 40,000 to 50,000 satellites serving more than 10 million end users. This growth would likely require more to protect the commons of space including increased industry collaboration and new capabilities for space situational awareness, in-orbit satellite servicing, and space debris removal.

Additional Deloitte 2023 TMT Predictions:

  • Tech's commitment to faster climate action
    Many organizations want to reach net zero and the technology industry is making a strong commitment. According to an analysis of the Deloitte CxO sustainability survey , tech companies are working harder and faster to impact climate change and are 13% more likely than non-tech companies to target net zero by 2030.
  • 5G networks to transform enterprise connectivity
    By introducing virtualized, cloud-centric capabilities, 5G standalone (SA) networks are poised to drive disruptive change that could make previous advances in wireless technology (2G/3G/4G) appear incremental. Deloitte expects the number of mobile network operators (MNOs) investing in 5G standalone networks—with trials, planned deployments, or actual rollouts—to double from more than 100 operators in 2022 to at least 200 by the end of 2023.
  • Virtual production gets real: bringing real-time visual effects onto the set
    The tools and techniques of virtual production are transforming film and cinema, increasing flexibility, shortening production times, and bringing real-time computer-generated imagery and visual effects out of post-production and onto real-life sets. Deloitte predicts that the market for virtual production tools will grow to US$2.2 billion in 2023—up 20% from an estimated US$1.8 billion in 2022.
  • Gaming M&A is growing on the back of consolidation, portfolio plays, and game tech
    Deloitte predicts that in 2023, the number of video game company mergers and acquisitions will continue to increase by around 25%, slightly slower than the estimated 30% quarterly growth of 2022. Video game services, experiences, and business models are innovating, console supply chains are loosening up to meet pent-up demand for next-gen experiences, and many anticipated games that were delayed in 2022 are now set to reach players in the coming year.
  • VR market gaining momentum
    Deloitte predicts that the VR market will generate US$7 billion in revenue globally in 2023, a 50% increase over 2022's US$4.7 billion . As VR grows in popularity, 90% of that revenue will likely come from headset kit sales, with 14 million units averaging US$450 each expected to sell in 2023. The remainder should comprise mostly of VR content—principally games, but also some enterprise applications—which could see revenues of just over US$1 billion . Improvements in the underlying technology, including power, screens, and audio should fuel this growth. Next year, headsets should offer higher frame rates, higher-resolution displays, and enhanced spatial audio, enabling a realistic, immersive experience.
  • Shopping goes social, trending past US$1 trillion annually
    Deloitte predicts spending for goods and services on social media will surpass US$1 trillion globally in 2023, growing 25% annually with more than two billion people shopping this way in the last year. The social commerce market is outgrowing traditional e-commerce. In a Deloitte survey , Generation Z and Millennials are more likely than Gen X respondents to say that social media influencers affect their buying decisions.
  • Growth in the emerging enterprise edge computing market
    Cloud, telco, equipment, and platform companies are vying for a share of enterprise investments in edge services and products that make computing faster, safer, and cheaper. Deloitte predicts that the enterprise market for edge computing will grow at 22% in 2023, compared to 4% growth in spending on enterprise networking equipment and 6% on overall enterprise IT for the same year. Most of this growth will likely come from expenditures on hardware initially but should migrate toward software and services as the market matures.

About this report
Deloitte's annual TMT Predictions report provides an outlook on technology, media and telecommunications trends that may disrupt and transform the business and consumer ecosystems worldwide. Visit www.deloitte.com/predictions .

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's approximately 415,000 people worldwide connect for impact at www.deloitte.com .

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States , Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

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1 This figure is an estimate of what is expected to be spent on sports rights by companies that will show sporting events exclusively on a streaming video service. It does not include spending on sports rights by companies that will show sporting events on a combination of traditional linear channels and streaming video services.

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SOURCE Deloitte

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East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

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Back to Work Promotion- What's the level of your post-holiday syndrome?

- MSI, a leading manufacturer of PC hardware, announces the Back to Work promotion, starting from February 1st, 2023 (00:01 GMT+8) to February 28th, 2023 (23:59 GMT+8). After the long vacation for the new year celebration, are you ready back to work? By inviting users to take a simple post-holiday syndrome test, MSI will recommend the best PC solution to get users through their busy working days and boost their productivity at work based on their psychological and emotional status. Furthermore, users will have a chance to win an MSI Modern LED Lux as long as they complete the test. Plus, the grand prize- MSI MD272QPW will be drawn for participants who purchased recommended MSI PC solutions.

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Quixant launches the QMAX Gaming platform, the Gaming industry's most powerful and feature-rich PC

Quixant is pleased to announce the launch of its market-leading QMAX Gaming hardware platform, designed to deliver the highest resolution content, smoothest gameplay, and the ultimate player experience.

Quixant launches the QMAX Gaming hardware platform, the most powerful and feature-rich Gaming PC

The new platform is powered by Intel®, offering exceptional GPU performance, and is available with or without a dGPU, allowing customers to increase their hardware performance by adding their graphics card of choice.

Highly customizable, it meets the requirements of all major global Gaming jurisdictions, including GLI-11. It comes with Quixant's game-optimizing Software solutions as standard which optimize game development and delivery and allow customers to focus on content development without worrying about regulatory requirements.

Commenting on the launch, Duncan Faithfull , EVP, and CCO at Quixant said "We believe our customers' focus should be on content, not developing hardware solutions to build them on. They need the freedom to develop content with the confidence that their solution is reliable and as powerful as their imagination needs it to be. That's why Quixant developed, IQ, IQON, and QMAX , its range or Gaming PCs designed to provide maximum performance based on budget, market, and product needs. The new QMAX is our most powerful and feature-rich platform yet, giving customers a platform that goes as far as their imagination can."

Duncan continued: "Whilst developing specialist, game-changing technology is core to the Quixant offering, partnerships are equally important – it's our responsibility to support our customers to make sure that they get the most out of their Quixant products. Our team is always on hand to enable customers to maximise the potential of their QMAX platform, so they can focus on the aspects that allow them to get ahead of the game."

He concluded: "After launching Quantum and Qinetic , our range of modular Gaming and Sports betting cabinets, we identified the need to expand our Software Solutions to further support customers. We now offer a comprehensive suite of software and integration support solutions, which allow game designers to focus their efforts on developing the ultimate game content and player experience, as well as enabling management of the cabinet the game sits on, and a collection of integration solutions. We would love to discuss this with game manufacturers who are looking to enhance their content and expedite the time it takes to get their cabinets to market."

Find out more at quixant.com

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(PRNewsfoto/Quixant)

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SOURCE Quixant

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XPLA Governance Proposal Approved to Support Individual Holders with $XPLA Still on FTX Exchange

  • Proposal unanimously approved with a high voting rate reflecting the common view of Validators to protect individual $XPLA holders
  • The relief initiative represents a massive step towards support for $XPLA holders, helping to set a positive precedent throughout the Web3 industry
  • A total of 19,600,000 $XPLA to be transferred to a Smart Contract

-The XPLA Blockchain, a next generation of Web3 mainnet developed with gamers at the core of its design, today announced that a governance proposal to support individual $XPLA holders related to the FTX incident has been approved with unanimous consent.

Relief fund for $XPLA holders on FTX

The voting on the Relief Fund Support proposal was conducted for seven days from January 24 until January 31, 2023 , at 13:00 UTC . The vote was unanimous in favor of the proposal with three-quarters of eligible voters participating. Individual $XPLA holders could exercise their voting rights by delegating via proxy to Validators who were able to cast votes on their behalf. The voting process was fully transparent, and viewable through the XPLA Vault and XPLA Explorer advanced middleware based on the XPLA mainnet.

The high participation rate and unanimous voting outcome are interpreted as a strong reflection of the Validators' desire to support the individual $XPLA holders. The XPLA Team and XPLA Chain ecosystem participants have opened unprecedented possibilities for practical support which could give an example to the digital asset industry.

"The support for the XPLA community is phenomenal and we could not be happier that our ecosystem has approved this relief fund. These have been unprecedented times and our community has supported each other through it," stated XPLA CEO Paul Kim . "This is in stark contrast to the rejection of holder support votes that were attempted in other blockchain projects after the FTX incident. We are looking forward to starting the process of making our holders whole again."

The relief proposal includes a total of 19,600,000 $XPLA which will be transferred to the Relief Fund Support Contract assigned from the Reserve Wallet. XPLA Chain ecosystem participants will be able to check the status since the transferred $XPLA will be stored on the Contract. The transfer process is expected to be completed in March and the details will be announced through the official community channel of XPLA.

Claims for $XPLA from the Relief Fund will be when the $XPLA is claimable through a legal process with objective proof of ownership. XPLA team is also considering preemptively supporting individual $XPLA holders who have secured their proof of ownership if court proceedings are delayed. XPLA is the first blockchain to develop and approve a Relief Fund for individual holders concerning the FTX incident.

About XPLA

XPLA is the next generation of Web3 mainnet, developed with gamers at the core of its design. Based on the idea of "Explore and Play", XPLA is the newest innovation in the Web3 gaming space, using COSMOS SDK for optimization in partnerships with Animoca Brands, Xterio, YGG, Cosmostation, and Everstake. This new infrastructure serves as the bridge between Web2 and Web3 services and will feature games, art, music, and Dapps based on community-driven feedback from users. XPLA places heavy emphasis on User Experience and accessibility to craft the standard in game-centric Web3 services, opening up limitless possibilities for blockchain gaming.

For more information, please visit https://xpla.io

MEDIA CONTACT:

M Group Strategic Communications
C2Xpr@mgroupsc.com

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SOURCE XPLA

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Iyuno Makes Strategic Investment in Turkish Dubbing Studio Amid Increased Appetite for Local Language Content

Istanbul -based Ak'la Kara International will further extend Iyuno's reach in EMEA

Iyuno, leading provider of media localization and distribution solutions to the world's entertainment studios and streamers, announced today its recent investment in Turkish dubbing studio Ak'la Kara International. Financial terms were not disclosed.

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BD88 Launches New Game "Aviator"

 BD88 is excited to announce the launch of their latest online casino game, "Aviator". Aviator is an online casino game that allows players to multiply their wagers from x1 to x1,000,000. Aviator offers players the opportunity to reach new heights with its escalating multiplier, and the challenge of predicting when the high will start to decline. In "Aviator", players must make quick decisions and try their luck as they play until the lucky plane flies away and ends the multiplier.

"We are excited to introduce 'Aviator' to our players," said the BD88 team. With its unique gameplay and stunning graphics, 'Aviator' is sure to be a hit."

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Construction Efforts Underway in Mobile as Topgolf Brings More Play to Alabama

Topgolf to welcome Alabama's Gulf Coast communities in late 2023

Topgolf the modern golf entertainment leader, announced today that construction efforts are underway in Mobile, Alabama to bring its family-friendly technology-enabled experience to the city. The venue, which will be located near the intersection of I-65 and Government Boulevard in the McGowan Park Shopping Center, will be the third to serve the state of Alabama and is expected to open in late 2023.

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