The wide availability of internet services and the increasing popularity of smartphones have paved the way for the online gaming world. Now, players can sit anywhere and at any time to play their favorite games online. A Statista report states that by 2020, the online gaming sector’s revenue will be almost US$18,219 million. It shows that user penetration will reach 12.5%, and by the year 2025, it will hit nearly 13.8%.
This broad revenue spectrum shows that the players are increasingly opting to play online games, whether vibrant slot games or action-oriented video games. Most casino lovers opt for online gaming because it’s convenient and can play without downloading any game. The players just have to register and sign-up to play online games. Even the addition of technologies like AR and VR is making this sector almost a preferable one for gaming enthusiasts.
It shows how fast the gaming sector is evolving, and some futuristic trends will keep this sector on the top. Let us take a sneak peek into these innovative trends.
1. Development of the Casual Games
People of all age groups love casual games as they are played for fun’s sake rather than earning money. A few games also have multilingual customer support, provides in-house shopping tools or prizes, and much more. The people’s casual games are Fruit Ninja, Candy Crush, Angry Birds, etc.
The gaming apps of these games are available for iOS and Android devices. Even these games are available on the developers’ respective sites and can be downloaded with their tutorials. These online games are usually played for de-stressing.
2. Provision of Cloud Gaming
Stadia and Arcade from Google and Apple are the two cloud gaming services launched in the year 2019. Apple and Google are trying to provide a full-fledged gaming library to the players similar to that on Netflix. Moreover, these cloud gaming services are available for PCs, laptops, Macs, and desktop devices. The subscription-based gaming library with thousands of games will prove to be a game-changer. Even the art, graphics, quality, and designs of these games will glue the players to the screen. 5G network and fast Wi-Fi will support these cloud gaming services.
3. Virtual Reality In Gaming Sector
The Global VR gaming market was valued at nearly $11.56 billion in 2019 and is estimated to grow at a CAGR of 30.2% by 2027. VR is changing the way gamers play games. It provides an improved and immersive experience with innovation in slot games, modern video games, live dealer games, and much more.
Many gaming companies are already providing VR gears like the Playstation VR and the Oculus Rift to embrace this technology.
Moreover, in a country like India, these VR online games are developed by gaming companies to provide engaging and mythical-themed games to many audiences. It provides a cutting-edge to the gaming industry, and the introduction of AR and VR technologies will take the gaming industry to the next level.
4. The Era of Multiplayer Games
A few renowned games provide an everyday gaming environment for the players to play the games. These games are for taking down the stress levels and even promote socialization factors through their games. Multiplayers from different countries play games like COD, Clash Royale, and PUBG. These games provide an opportunity to interact socially and instill a competitive environment too. Even to stay in these games, the players have to pay a small amount, which means these games will be the most significant revenue source for the e-gaming industry.
5. Mobile Games For iGaming Segment
Smartphones and iPhones are handy devices that can be taken anywhere, and players can play games sitting anywhere globally. Mobile gaming is a foremost source for the iGaming industry, as players like to play casino games, video games, and other forms of casual games on their mobile phones.
Even the mobile traffic from portable or mobile devices is more as compared to desktop or laptops. The use of mobile devices is taking the iGaming world to the top. Moreover, many developers and gaming providers are also emphasizing the fact that there should be no addiction. They will be keeping a dedicated staff and will address the issues related to addiction to online games.
Bottom Line
2020 is the year of innovations for the gaming industry. Online gaming is taking a massive turn with valuable additions such as VR, Live Streaming, AR, and much more. Even this is maximizing the online gaming sector’s profit because players love these incredible and real-time changes.
These latest trends in the online gaming sector are accelerating market growth. Moreover, these trends help the online gaming sector cater to the changing customer demands and requirements from these games. Another great thing about the online gaming sector is that it increases the social interaction amongst the players from different fields.