The gaming industry is one of the largest and fastest-growing sectors in the world. Its revenue is expected to grow to $200 billion by 2023. One key reason the industry is so huge is its dependence on technological advancements. From Virtual Reality to motion sensors, the sector has been transformed over the years by technological advancements. In this article, we will discuss the various ways new technologies and innovations have morphed the gaming industry into a huge sector now worth billions. Let’s get started.
Virtual Reality and Augmented Reality
Virtual reality (VR) is a technology used to build a simulated world. This tool gives users the opportunity to have the best experience in an artificial environment. Instead of users viewing the screen, they’re engaged and able to take part and associate with the 3D environment.
Augmented Reality (AR) is a mix of game visuals with its audio content regarding a player’s environment in actual time. This helps to set up the artificial environment.
Integrating these tools in digital gaming has taken the industry to another level of fun and excitement. Virtual Reality and Augmented Reality are basically tools for stimulating style experience. They allow players to have a first-person gaming experience.
Graphics and the Screen Power
Graphics can make or break the success rate of a game. In the past, games usually had basic graphics. These graphics were dull, dry and less colourful. Just as technology improved, gaming graphics also advanced.
Today, we have high-definition graphics. The introduction of 3D graphics developed the instruments for creating realistic textures, sanctioning and physical in-game interactions among objects. In fact, because of the level of advancement in gaming graphics, it has become difficult to differentiate between online gaming and live gaming experiences.
Cloud-based gaming is an internet gaming service that is powered by cloud technology. Just like the merits of every other cloud service, visual gamers won’t have to invest in consoles, computers, or any high-end gaming equipment. You can quickly access the games just the same way that you can play online games on the go.
A few examples of cloud gaming include: GeForce, Xbox Cloud Gaming, PlayStation Now, GameFly Streaming, PlayCast Media Systems and Amazon Luna.
From browser-based games to apps, there is a wide collection of mobile gaming content in the game industry. This sector started to experience rapid growth in 2020. With many people spending more time at home because of the Covid-19 outbreak, the industry experienced a 35.7% increase. Currently, the mobile gaming industry generates billions in revenue from consumers across the world.
Simple touch-and-go mobile games such as Candy Crush are still waxing strong among the growing mobile games. However, other widely played games include: Minecraft, Mario Kart Tour, Fortnite and Mini Motorways.
Game streaming is a process where virtual gamers broadcast themselves playing games to a live audience online. This practice became well known in mid-2010 on Twitch, a US-based website. This was before other non-traditional gaming companies such as Apple, Facebook, and Google stepped into the industry.
The rise in live-streaming and its platforms have brought attention to formerly obscure games like Among Us, Rocket League, and Fall Guys. Live-streaming has also become a well-known advertising method for game developers, and it has surpassed the traditional promotional methods like internet magazines advertising.
Blockchain technology is a decentralized, immutable ledger that speeds up the process of tracking digital assets and recording transactions. By default, blockchain data cannot be changed. This makes it a legal disruptor for industries like payment, gaming, and cybersecurity.
With blockchain, making payments online is safe and secure. You don’t need to give out any of your personal or financial information. This means that there’s less risk of getting scammed. Thanks to the technology’s extra layer of security, many gamers currently feel secure making payments online.
Technological advancements have changed the world, and it will be difficult to live without the internet, and high-tech gadgets. There is actually no better time to get into the gaming landscape. We believe that the gaming industry will experience more technological advances soon. Furthermore, the future of the gaming sector will surely move towards real-world integrations. This generation is all ready for a lot more gadgets and AR games that will encourage them to get involved in the online gaming landscape.