Biz / Tech

Shanghai's game industry sees great potential to grow

Adoption of AI and e-Sport are likely to spark business transformation for firms

Shanghai’s game industry has great potential to grow by embracing e-Sport and artificial intelligence, industry officials told a game industry forum today.

Local game firms are looking for “new power and new form” to transform business and develop unique opportunities, the Shanghai Municipal Administration of Culture, Radio, Film & TV told a Transformation and Upgrade of Shanghai Online Game forum.

Another area of immense potential is e-Sport as Shanghai aims to build itself into an e-Sport “highland” nationwide, said the administration. 

China’s e-Sport market revenue may come in at 78.6 billion yuan in 2018, up from 64.7 billion yuan last year, amid a huge pool of gamers, rising sales of mobile game gadgets and professional tournaments offering big prize money, said researcher China Insights Consultancy.

Shanghai’s game industry output surged 24 percent year on year to 56.9 billion yuan (US$9.03 billion) in 2017.

Game has become the “top” digital entertainment attraction for people born after 1995, who spend more time and money on games, industry observers said. 

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