January 29, 2023

“What new technology does is create new opportunities to do a job that the end audience wants to be done.”

-Tim O’Reilly.

The gaming industry is expanding its horizons extensively with the development of technology. In 2021, consumers spent around $ 60.4 billion dollars on video games. Currently, the average growth rate is 6.46%, which will exceed with each passing year. By 2026, the online gaming industry is anticipated to have a 33.77 billion dollar market share.

The continuous upward industry trend is attracting more people to try their luck in the online gaming sector.

However, it also brings a question upfront- Why is the fever of online gaming running high among users? It is because of better and elevated user experience thanks to advanced technology.

Let’s learn about the same in detail.

Augmented Reality And Virtual Reality

Due to AR and VR, the gaming experience has become more interactive. These technologies enable gamers to do more than just play video games on displays; they can enter a different world and participate in similar to real-life action.

For instance, AR allows users to add digital objects to real-world settings, whereas VR completely submerges users in a world of their own creation. This makes it simpler for people to feel involved in the action rather than just watching it on a screen.

Mobile Gaming

Traditional websites and desktop games are now completely overtaken by mobile gaming. Over this, online casinos’ availability changed the gaming outlook, offering users a safe experience.

As you’ll see in a moment, there are a lot of potential consumers, and their numbers are rising every day. Games such as roulette and fish shooting were once only available on desktop computers and used a lot of resources to operate. A player must have a powerful PC with cameras, headphones, and other accessories.

But not anymore. All these things are combined into one, thanks to the online gaming sector’s concentration on smartphones. It is now simple to play games like สบาย99 or slots from your smartphone or tablet. Moreover, mobile gaming offers incredible rewards that make it more lucrative.

eSports

eSports is not a new concept in the gaming world. However, its popularity has become a hot topic in mainstream and professional gaming.

In today’s age, you are more likely to see players with sponsorships, prizes, and on ads or television programs. In fact, there are specific shows and podcasts entirely based on eSports where players discuss the tactics and hack to enjoy a pro-like experience.

As a result of their growing popularity, publishers and developers are becoming more interested in eSports. In order to promote their video games, many businesses have begun to establish their official leagues, such as the Overwatch League from Blizzard or the Rocket League Championship Series from Rocket League.

To Sum It All Up

The gaming industry is now more powerful than ever- reaching a broad audience and generating more revenue. It will be interesting to observe how gaming develops in the future and improves users’ experiences. As for now, for budding startups, it’s a great opportunity to build their brand name in the market and for gamers to indulge in never-seen-before innovations.