Gaming Industry Is Beating Movies: Modern Warfare 3 Grossed $1 Bln Worldwide Beating Avatar’s Revenue Record

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The Gaming industry is touted as the next big thing. Gamers worldwide are set to generate a revenue of whooping $99.6 billion in 2016, with mobile gaming taking a lead over PC. The worldwide gaming industry is growing at a steady pace revolutionising the graphics and designs at every juncture. As the industry is booming, the need for powerful processors and graphics are coming into the limelight. Computing device vendors like Nvidia, AMDA, etc. are always on toes to provide gaming vendors with more powerful tools to build these games since the market is already flooded with innumerable gaming rings customised to cater various segments of users.

According to Statista, Grand Theft Auto V generated an enormous commercial success in 2013; a success good enough to surpass that of any Hollywood movie. After two years of its launch, GTA V is still ruling the charts. GTA V had 8 million active users as of October 2015. Not only GTA series have sold over 250 million units worldwide till date, but the 2015 final quarter revenue for GTA V was also up $109 million year on year.

Surprisingly, the leading players of video industry like Sony Computer Entertainment, Microsoft and Namco Bandai Games, Nintendo, etc are making billions in Euros. Sony Computer Entertainment was leading the chart with an estimated revenue of 9.8 billion Euros in 2015 from gaming.

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The Gaming industry has managed to keep gamers glued with variety- From battling shooter to ravaging swords, styles of gaming are infinite. With more youngsters getting addicted to games, designers and engineers are creating games that are sophisticated and almost real. The gaming experience is becoming so real that gamers are crazily making pre-bookings. And this craze is addictive and infectious!!

Online retailer Amazon.co.uk had revealed Microsoft as the winner from E3 2015 in terms of pre-order data. Games like Forza Motorsport 6 received the highest orders, followed by Rare Replay and Gears of War: Ultimate Edition. Looking at how the gaming industry is growing, it can be said that dev ops are surely going to reap benefits.

Activision reported sales figures for Modern Warfare 3 in the US and the UK- More than 6.5 million copies were sold on the launch day and grossed $400 million in the US and the UK alone in its first 24 hours, making it the biggest entertainment launch of all time. It is the third year in a row that the Call Of Duty series has broken the same record. 2010’s Black Ops grossed $360 million on day one; in 2009, Modern Warfare 2 brought in $310 million. Robert Kotick, President & CEO of Activision Blizzard stated:

The launch of Call of Duty: Modern Warfare 3 is the biggest entertainment launch of all time in any medium, and we [Activision] achieved this record with sales from only two territories.

The title grossed more than $775 million globally in its first five days of availability, exceeding the $650 million record set by 2010s Call of Duty: Black Ops and the $550 million one achieved by 2009’s Modern Warfare 2. To be exact, it has surpassed theatrical box office, book, and video game sales records for five-day worldwide sell-through in dollars.

Modern Warfare 3 went on to gross $1 billion throughout the world in 16 days of availability, beating Avatar‘s record of 19 days, according to Activision.

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Activision Blizzard being in the list of Fortune 100 best companies to work for has brought about the major changes in the gaming industry: Activision’s Destiny had the most successful launch of a new video game Franchise in history. It’s online games Heartstone : Heroes of Warcraft reached 40 million registered users while its Call of Duty: Black ops 3  was #1 Top selling games worldwide in 2015.

Stay tuned for next reviews on Best Games of 2016 where Witcher 3 secures the top positions with 80 awards in its name.

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