Video games have emerged as one of the fastest growing media industry markets within the Netherlands today with sales totaling more than $900 million.
The technologically savvy and trade-oriented market economy of Singapore sports many positive characteristics in a struggling world economy such as the present. Some notable characteristics include being ranked as the most open economy in the world, the least corrupt, most pro-business, low tax rates, and the third highest per-capita GDP in the world (Purchasing Power Parity Index).
Credit cards and their usage in mobile and online game technology is an ever-evolving topic, which has revolutionized and shaped how users consume content. Here, we will start a 12-part series discussing credit cards' evolution in regards to their mobile and gaming usage and customer base, how people around the globe are utilizing them, and where they are going in the future.
In this ever-evolving and technologically savvy world, it becomes harder and harder to stay true to traditional methods of payment. However, Germany is a slight exception in that cash is still considered king and often preferred in most cases.
Vietnam recently skyrocketed onto the gaming industry due to the major success of Flappy Bird being developed by an indie Vietnamese developer, Dong Nguyen. With this achievement, Vietnam proved itself as a growing market with much room for growth in the gaming industry.
Boasting a 90 million population and an economic growth rate which compares with the top in the world, Vietnam has the user-base and gamers necessary for such explosions of popularity. In order to monetize this market however, there are certain payment methods necessary to have knowledge of and Xsolla is here to help clear the air with intricate Vietnamese market information.
Standing firm as the 19th largest economy in the world with a developed capitalist economy, Taiwan has proven itself to be a major player in the market. However, not all is fine in Taiwan as they are at a figurative crossroads, having to choose between retaining labor-intensive industries from relocating to cheaper areas such as mainland China and focusing on future development in the high technology and service industry.
For the game developer, this could be reassuring news because if Taiwan decides to take the future development in high technology route, many new opportunities may be possible within the gaming industry.