Did you know that according to an article on LinkedIn studies, 2023 saw $187.7 billion in global game market revenue for online gaming, which is predicted to increase to $212.4 billion by the end of 2026 year with a CAGR (compound annual growth rate) of +2.6%? Although the market has been growing since 1997, revenue has increased significantly in the past five years, most likely due to sped-up technological advancements.
It is fair to say that there has always been a strong connection between the gaming industry and technology from the beginning. Games have been upgraded and enhanced by technologies, be it the internet or smartphones and laptops. Technology has ensured the gaming industry improves its service to gamers with every new development and upgrade.
Video games have not been the only ones to benefit. It is no secret that online casinos have significantly enhanced their gambling experience over the years. Casino games at PartyCasino, for instance, are among the most popular. The purpose of this post is to explore five key technology trends that have changed the gaming industry for the better.
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Read on to learn about the latest trends in online gaming ahead or skip to the one you’re more curious about.
Interactivity in Games
Do you think games are more interactive today? Well, that is because of Augmented Reality, which we will discuss in detail in the next trend. Agents in a game are ruled by AI, which generates behavior for NPCs (non-playable characters). Players even adapt the behavior of the characters based on their actions. Gamer’s expectations have evolved since then. They no longer want merely great graphics, but a more realistic gaming experience. Thus, we see more visually pleasing and interactive games being developed.
Moreover, with the help of modern techniques such as pattern recognition and reinforcement learning, game developers are moving toward developing robust systems that analyze noise, speech, and other sounds and adjust the game scenario accordingly. These systems allow characters within the games to learn and advance based on their engagements.
Demand for Augmented Reality
Augmented reality is a relatively new concept and might not be familiar to everyone as it has not been around as long as virtual reality. So, what happens here? In augmented reality, elements of the game are brought into the player’s environment using the camera of the device. As you gaze through your camera, you would see your actual location as usual, along with the augmented reality part of your game integrated into the picture.
An example of this technology is Pokémon Go, which has been one of the most talked about augmented reality games in recent years. Pokémon appear on a screen in a player’s local surroundings as they walk around on their mobile device.
An Increase in eSports
The eSports industry is unquestionably highly competitive. The good news is that anyone can get started. When tournaments became mainstream, it gained a lot of recognition.
Professional gamers as well as aspiring professionals have turned to eSports for their professional development. Unlike any other niche, online gaming is gaining more and more attention. The availability of live-streaming content, tutorials, and free games is often credited for the success of several top eSports players.
In addition to maximizing big data, they undergo rigorous training to improve their performance. They also tend to have large followings on social media and receive handsome payouts.
The Rise in Cryptocurrency Casinos
Almost all countries in which gambling is legal allow crypto casinos. So, we can say they are here to stay. The trend began when Bitcoin was accepted as a currency by gamers.
Cryptocurrency wagering features many benefits, such as low or no transaction fees and increased efficiency. If you are into cryptocurrency casinos, remember that the best real money casino offers a high level of reliability over other forms of payment.
Better Hardware
The demand for bigger and better gaming hardware will continue as long as online gaming remains so popular. A new generation of Xbox and PlayStation consoles was released last year. There were many improvements made to these games, such as native 4K to ensure the best graphics, as well as a range of controllers for perfect gameplay.
Each company must decide whether it enjoys backward compatibility or prefers to move forward. Therefore, console, mobile phone, PC, and laptop manufacturers will have to strive harder to keep up with the demands of online gaming.
Wrapping Up
Almost every aspect of our lives has been affected by technology and the internet, including entertainment and gaming. Whether you are playing video games or playing your favorite online casino, these five developments have enabled gaming to become better than ever before.
If you have any questions regarding this post, please let us know by commenting below. You can also include your suggestions and requests. We would love to hear back from you. Happy Gaming!
Ss taken on 1/30/2024