4 Factors Contributing to the Growth of the Online Gaming Industry

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There’s no question that the online gaming industry is on a winning streak right now, with impressive growth forecast for the foreseeable future and audiences expanding internationally.

So what are the reasons behind this meteoric rise, and will it really continue to enjoy such a compelling trajectory indefinitely?

New innovations breed player interest

The gaming industry is always evolving, and this helps to keep people engaged with whatever it has to offer, because people crave novelty and multiplayer titles deliver it in spades.

Whether you’re interested in competing in fast-paced action titles like Call of Duty and Fortnite, or you’re eager to learn how to play poker online for money, the amount of variety combined with innovative ways to play, such as virtual reality and augmented reality, means there’s never a dull moment as a gamer.

The cloud is changing up access for everyone

Perhaps the biggest shift that’s going on at the moment in online gaming is the move away from being reliant on end user hardware to determine the quality of the experience.

Instead, cloud computing is taking up the burden of crunching the numbers and storing the game files, while the results are streamed directly to players on any device they prefer. Services like Google Stadia have offered cloud-powered gaming for a while now, and while they are not perfect, the future does seem to be going in this direction.

Microsoft is arguably pushing for a cloud-based gaming future more than any other company, and its latest Xbox consoles look like a step towards eventually embracing games-as-a-service as the only future for the industry.

This is also turning games into a subscription rather than a one-off purchase. Renting access to a huge library of titles, as well as eliminating local hardware limitations from the equation, is ultimately making high end gaming more accessible and affordable for the average person. The one caveat is of course having fast internet access to minimize game streaming hiccups.

The social aspect is compelling

Another catalyst of online gaming’s success is the way in which it is innately social, and thus taps into the human need to communicate and engage with other people.

Multiplayer titles have built up huge communities around the globe for many years, and yet it is in the age of social media dominance that the true value of this connectedness can be seen.

From direct in-game voice chat to text-base conversations, to the simple act of working together with other players in teams, it’s easy to see why gamers get an endorphin hit from picking up a controller and logging on for some cooperative or combative entertainment.

In turn this is feeding into predictions about how the Metaverse will expand in the coming years. The idea of people living their lives in a fully virtual world, while still remote in the mainstream, is already becoming a reality through the use of VR, in combination with live services from various developers and platform providers.

Mobility still makes a difference

Mobile gaming is a major contributor to the market as a whole, and there’s plenty of proof that portability is a driving factor in the current era.

From cost-conscious consoles like the Nintendo Switch to hardcore-focused machines like Valve’s Steam Deck, there are dedicated hardware solutions for every niche. Then there are smartphone games, which again cater to the casual players as well as to the more serious acolytes of this pastime.

All of this means that even the most pessimistic outlook for the industry anticipates continued growth, particularly in developing markets.

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AR, VR, and AI: The game-changing online gaming tech trends

The introduction of online gaming made it possible for players to access the most basic games. The games lacked enhanced features and even the most advanced graphics. Changes in technology have enabled software developers to build spectacular casino games that are now played worldwide. Casino games now give players the real experience thanks to improved graphics, animations, audio, and more.

The sector is constantly evolving, and new technology is introduced regularly. Three technologies have rapidly grown and are transforming the gaming industry. The most significant changes in the online market are Augmented Reality, Virtual Reality, and Artificial Intelligence. They facilitate a far better player experience and at the same time, allow software developers to produce high-quality games.

The new crop of players is keen on the quality on offer, and searching for in-depth online gambling site reviews, are more inclined to support casinos that have adopted the latest technologies.

Augmented Reality (AR) 

Augmented Reality is a creative and immersive experience that allows users to feel content after engaging directly with the digital environment.  It is a real-time integration of game images and audio information in relation to the user’s environment that contributes to creating an artificial world. Augmented Reality is designed to create a play zone within an artificial world in the gaming sector. When used on smartphones, tablets, or gaming devices, this technology overwhelms players. 

AR has had a significant influence on the technological world, affecting healthcare, e-commerce, marketing, automotive, education, military, and retail. By 2023, the augmented reality gaming industry will have reached around $385 billion.

Virtual Reality (VR)

Virtual Reality is a unique technology for simulating an environment. Like the user interface, it allows people to immerse themselves in the best of the artificial world. Rather than looking at a screen, users are immersed in 3D environments and can interact with them. It stimulates all senses, including sight, hearing, touch, and smell. Computer technology serves as the artificial world’s gatekeeper. However, everything comes with certain limits in terms of the experience, such as content availability and a lower range of computer capability. The head-mounted display (HMD) is a key component of Virtual Reality.

Artificial Intelligence (AI)

In layman’s words, artificial intelligence (AI) is a discipline of computer science concerned with designing intelligent computers that can handle activities that would normally need human intelligence. Because of AI, the bikes and vehicles in offline games like Moto GP and Road Rash operate freely without a driver. You’ve probably seen some system-programmed “bots” fighting on their own in PUBG or the Battle Royale game. But how do you do it? This is due to the employment of AI technology to manipulate NPCs (non-person characters). In a video game, a non-person character is played by a computer.

In a nutshell

Advanced casinos embracing these new trends are the future of gambling. As technology advances, we expect even more from these sites in the near future to present players with the most immersive and realistic gaming experience ever accessible online. These new forms of casinos will be a game-changer for those who enjoy the excitement of gambling and currently play online.

 

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