Fawad Chaudhry promises Pakistani gamers new opportunities

Video gaming market is expected to be worth over $200 billion by 2023


Reuters January 13, 2021
PHOTO: REUTERS

Federal Minister of Science and Technology, Fawad Chaudhry, announced that a memorandum has been signed between Pakistan Sports Board and Pakistan Science Foundation after which E-Sports will get an official sports status.

Can these four new gaming consoles compete with PS5, Xbox Series X ?

“If you are interested in video games, get ready and new opportunities are waiting for you,” he wrote on Twitter.

In November, Fawad Chaudhry announced a special program of animation and video games to encourage young people to be part of the multi-billion dollar gaming industry.

The gaming industry is one of the most lucrative and innovative sectors in tech today. Video gaming market is expected to be worth over $200 billion by 2023, according to Statista.

Fawad Chaudhry announces program for animation, video games enthusiasts

Despite the continuous growth in the gaming industry worldwide, Pakistan falls short in terms of developing video games and providing opportunities to programmers.

The initiative comes timely as spending on digital video games hit a record-high $10 billion in 2020 as people stuck at home under coronavirus lockdowns turned to gaming, reported market tracker SuperData.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ