Can Double-Dip Recession hit Game Industry ?

A very idiotic question as per current economic situation !! Well be prepared as this topic can become popular and may turn into a reality in coming times as there is fears of double dip recession which can cause more economic turnarounds resulting in another round of job cuts and added unemployment.

The developing Game Industry survived the first wave of economic downturn with some bruises like reduction in production of games on year on year (YoY) basis and also cementation in number of employees. It has restarted its expansion programs and hiring of new employees as the economy is stabilizing.
But it is very certain that it won’t be able to withstand the second wave as its requirements of large capital base will not be met due to unhealthy economic concerns. The major consequences will be job cuts and more unemployment and even less production of games.

Did Global Recession hit Logo Industry ?

The global recession was one of the most scared and hurting. It took down all sectors of business down but the ” LOGO INDUSTRY “ was not affected at all.
Surprising ! ..ya it is, the worsened economies was still no barrier to this industry.
People say its going to be an era of 3D soon but this hysteria has melted down with the melted economies of the world thus giving the ‘EDGE’ to 2D world again.
Again all companies are starting to tend towards 2D to meet their AD bench as this is less intricate and on the monetary sense – extremely cost effective.
BUT the hope should not be left as world is still advancing and one day 3D will conquer 2D. We can link hope to a great quote -
” If you want to build a ship, don’t herd people together to collect wood and don’t assign them tasks and work, but rather teach them to long for the endless immensity of the sea “.