An overview of what the gaming industry has experienced (a huge drop) during this lockdown period due to the Coronavirus pandemic.
Covid-19 has surely changed the world. Day by day the cases are increasing along with the fear.
Digital marketing agencies like Neil Patel digital, Similarweb, etc who analyze businesses have reported a huge drop in their sales and traffic.
As a gamer, I won’t talk about the marketing industry. I will stick to my audience i.e gamers.
Vivo IPL - one of the biggest leagues in the world which is held every summer has been canceled this year due to COVID-19.
Right after this super popular league, the T20 world cup was on the line but the current situations make it impossible this year.
It’s possible that the world cup & the IPL league will be postponed. So there will be no cricket this year which is a piece of bad news for the Indian audience.
Due to this, it has a remarkable loss for major broadcasters, advertisers along with event managers and event bloggers.
The google trends data shows the decreasing interest in these topics, it just dropped drastically and hence the title of this article is A huge drop.
Now let me come to the point…
There’s also a huge drop in the cricket gaming industry, earlier the monthly searches for popular terms like free online cricket games (by the way, you can play some games at games.ics and release stress) were between 10K to 15K, but the interest in these terms has also dropped drastically.
The site owners have reported a huge drop in organic traffic and hence it’s also a loss for small website owners.
Well this was something no one expected, right?
But in front of huge economies, we can’t just care about the gaming industry, so here’s a little more info….
The COVID-19 pandemic is striking really hard in the heart of major economies all over the world; resulting in huge economic disruptions, downward swings in stock markets, sealing off of air routes, tourism decimated, factory ends and upsetting supply chains including a downward trajectory in numerous service sector activities.
In a recent statement, the head of the International Monetary Fund (IMF) has warned that “it is clear that the global economy has now entered a recession that could be as bad as or worse than the 2009 downturn”.
Apart from the tragic human consequences of the COVID-19 epidemic, the UN’s Trade and Development Agency (UNCTAD) has said, “We conceive retardation in the global economy to under two percent for this year, and that will presumably cost in the order of $1 trillion this year, compared with what people were forecasting back in September.”
Day by day the new cases and such effects are taking place, so it’s important to at least save our lives if not the economy. Stay safe!
