Game Development

Game Development

How to Start a Gaming Business

The gaming industry has experienced great growth in recent years, facilitated by technological advancements, widespread adoption of gaming platforms and the increasing popularity of esports. Here are some considerations to take into account when starting a gaming business such as defining your gaming business concept, considering your intellectual property and being aware of cybersecurity issues.

7 steps in starting a gaming business:

  1. Define your gaming business concept

  2. Create a business plan

  3. Secure financing

  4. Set up your gaming infrastructure

  5. Develop and market your products or services

  6. Build and engage your gaming community

  7. Continuously innovate and evolve

Intellectual property (IP):

The gaming industry is a significant economic driver in Canada and is growing rapidly through direct video game and console sales, streaming sites like Twitch and YouTube Gaming and even feature film franchises.  You should understand what can be done to protect IP in video games and what exactly can be protected. For example, IP can be protected in a variety of ways with:

  • Copyright
  • Trademark
  • Industrial design
  • Patent

To learn more about how IP can be protected, check out Martin Shortt's podcast on the Canadian Intellectual Property Office's website which explains the IP rights and associated contracts that are involved with the videogaming industry.

Cybersecurity Concerns:

Some people may not think about cybersecurity in the video gaming industry, but there are security concerns to consider. The Government of Canada reports that cyber criminals frequently target gamers’ accounts to harvest their personal data.

 Some issues to consider in the video gaming industry include: 

  • Financial information
  • Personal information
  • Data security
  • Network security
  • Platform integrity
  • Player trust
  • In-game items

For more information about cybersecurity concerns which impact the video gaming industry, consider reading:,

 

Information from: https://www.wix.com/blog/how-to-start-a-gaming-business