Ubisoft CEO Yves Guillemot: Gaming will hit $300 billion by 2030 and 5 billion people by 2028

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Yves Guillemot has big ambition for the game, and he talked about updating his latest vision and strategy at Ubisoft's annual event this week.

Guillemot has predicted that the gaming industry will reach $300 billion in revenue by 2030 (up from nearly $200 billion this year) and 530,000 "talents," or gaming industry professionals . He expects games to reach an audience of five billion by 2028, largely through the "increasing democratization of games" on mobile devices and other platforms.

I'm sure Guillemot believes in it wholeheartedly, and I'd be happy if it came to pass. But it's his speech to make people understand that Ubisoft is a good investment. Tencent also believes in Guillemot, which recently decided to approach the company by buying a 49.9% stake in Guillemot Brothers Ltd., which is the founding brotherhood of Ubisoft.

Guillemot said Ubisoft will adopt a variety of business models and platforms, such as subscription (Ubisoft+), free-to-play, premium and cloud. The goal is to make games accessible to everyone. He said Web3 will grow as a way to reach new people through decentralization, and he predicts people will find games in virtual worlds as well as travel between virtual and physical worlds.

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Marc-Alexis Cote is the executive producer of Assassin's Creed.

"I see games soon to surpass all other leisure industries in terms of impact and engagement. I can see games becoming the ultimate form of social, artistic and innovative entertainment. More importantly, I can see that games continue to enrich people's lives. And I am convinced that Ubisoft has what it takes to write this new chapter and shape the future of the industry."

He said esports would make the game stronger in communities at local, regional and national levels. And he said Ubisoft aims to expand its franchises to new audiences through three upcoming mobile games released on Netflix. And through other media, like the Assassin's Creed video series being developed for Netflix. Ubisoft refers to this as one of its franchise "products", as it is an expansion beyond...