Gaming & Metaverse among the Top Categories in Best Choice Award 2022

 Publish Date :2022/05/12

One of the organizers of COMPUTEX, Taipei Computer Association (TCA) stated that the Best Choice Award follows the latest trends in the ICT industry to provide the best and most reliable purchasing guide for potential buyers. Best Choice Award 2022 added new categories representing the emerging trends, including: Metaverse & XR Application, Sports Technology, and Cybersecurity.

Companies and industries have expressed interest in the metaverse and while the current use cases seem to focus on entertainment, new developments might also add new applications for the metaverse. Gartner also predicts that about 25% of people will spend at least 1 hour per day in the metaverse by 2026. A report by Quadintel stated that the value of the metaverse market has reached USD 62.6 Billion in 2021 and is expected to grow to USD 848.8 Billion by 2030.

Analyst Newzoo reported that gaming will continue to grow with 3.09 billion players expected by the end of this year and the market value to grow into USD 222.6 Billion by 2024 from USD 203.1 Billion projected by the end of 2022. The US is predicted to generate USD 50.5 Billion while the Asia Pacific region is expected to still remain the largest region by revenue at USD 96.3 Billion by the end of 2022.

Following these major trends, Metaverse & XR Applications is included as one of the new categories of Best Choice Award 2022 while Gaming & Entertainment continues to be one of the main categories. The purpose is not only to promote the industry growth, but also to leverage Taiwan’s strength in hardware OEM/ODM as well as manufacturing capabilities.

This year’s Best Choice Award has completed the judging process with winners to be announced during COMPUTEX 2022. Follow us on our social media channels and subscribe to our newsletter to get the latest updates from COMPUTEX.