Research Summary
The report provides a recap of 2023, highlighting the top pieces from Naavik Digest, podcast episodes, and deep dives. It also includes updates on funding and acquisitions, business and product developments, and miscellaneous news in the gaming industry. The report also features a word from the sponsor, DIVE, an enterprise-grade BI-as-a-Service provider for gaming studios.
Key Takeaways
Naavik’s 2023 Recap
- Naavik’s Top Content: The report highlights the top pieces from Naavik Digest, podcast episodes, and deep dives in 2023. These pieces cover the year’s biggest news and emerging trends in the gaming industry.
- Podcast Popularity: Naavik published over 120 podcast episodes in 2023, with a particular interest in web3 gaming. The podcasts were hosted by a variety of industry experts, providing both information and entertainment to listeners.
DIVE: BI-as-a-Service Solution
- DIVE’s Offerings: DIVE, the report’s sponsor, is a BI-as-a-Service provider for gaming studios. It offers outsourced data services and tools, replacing the need for an in-house team and saving studios significant costs. DIVE handles all aspects of data management, from design and creation to analysis and visualization.
- Founder’s Background: DIVE was founded by Elad Levy, an industry veteran who previously sold his gaming company to Playtika and scaled it to a $1 billion valuation using data.
Industry Updates
- Funding and Acquisitions: The report mentions that Addressable raised $6M for Web3 growth marketing. It also suggests that big publishers are being forced to innovate through mergers and acquisitions.
- Business and Product Developments: Among the updates, PlayStation 5 achieved a milestone of 50 million units sold to consumers, and consumer spending on VR content dipped by 10% in 2023. Newzoo maintained its 2023 market value prediction for the gaming industry at $184 billion.
Actionable Insights
- Explore Web3 Gaming: Given the popularity of web3 gaming topics in Naavik’s podcasts, it may be beneficial to further explore this emerging trend in the gaming industry.
- Consider BI-as-a-Service Solutions: The success of DIVE suggests that BI-as-a-Service solutions can be a cost-effective alternative to in-house data teams for gaming studios. It may be worth investigating these services for data management needs.
- Monitor M&A Activities: With big publishers reportedly being forced to innovate through mergers and acquisitions, keeping an eye on these activities could provide insights into the evolving landscape of the gaming industry.
