There will be some expected changes in online behavior as customers in many countries around the world are restricted to their homes to help control the coronavirus outbreak.
Since then, the gaming market picked up pace. The designers and developers of these games are continuously working to bring about an evolution in the gaming realm. Technology development and interest are growing and share a directly proportional relationship. Let’s take refuge in data.
According to a study, the projected revenue of online games worldwide is expected to reach US$27.97 billion (about $86 per person in the US) in 2024. Moreover, by 2027, there will be around 1.2 bn users.
Yes, the future of online gaming is indeed bright as the gaming world is undergoing sea changes.
If these changes and shifts jolt your attention, then the article is meant for you.
Yes, in this article, we discuss the future of online gaming, underscoring some of the major changes that are taking place in this realm.
Future Of Online Gaming: The Evolution That’s Taking Place
The gaming industry is quite dynamic, and it marks the future of the gaming industry. However, let’s try to understand some of the notable changes that mark the future of online gaming.
Increase In Online Casino Activity
The increase in online casino activity is unsurprising, given that customers are searching for new ways to pass the time. Big players like Jackpot City Online Casino continue to register an increased number of new users, a trend that could push the numbers even higher.
Europeans Spend More Time On Gaming Websites
Europeans are spending more time on gaming websites and applications amid the unpredictable COVID-19 behaviors. The rise is most noticeable in Spain, which saw a 44 percent increase in gaming time, followed by Italy (31%) and France (28%).
OPAP Stores Switched to Remote Gambling
According to the EEEP survey, a significant number of punters who previously gambled in OPAP stores switched to remote gambling, resulting in a 35.85% annual increase in overall gaming revenues from electronic games of chance and a 34.46 percent increase in gross gaming revenues.
Cross-Platform Gaming and Accessibility
Cross-platform gameplay has taken center stage in the realm of online gaming. Its implementation has triggered the attention of online enthusiasts today.
The gamers are not restricted to one single device.
These game developers of the game have capitalized on it by creating new experiences. They seamlessly transition between the diverse platforms.
Moreover, the ability to play the games takes place using the gaming console. Yes, it continues on the smartphone during travel.
The cross-platform games break down the barriers of the platform and expand the player pool. Yes, it helps create an inclusive gaming community. Furthermore, this very approach contributes greatly to the longevity of live games by developing an ecosystem of competition.
Cloud Gaming And Streaming
The discussion of the future of online gaming is incomplete without cloud gaming. According to the report by Statista, the gaming markets governed by cloud infrastructure may reach an overall value of 493.0 million dollars by 2027. You can say that cloud gaming is a huge development, to say the least.
Cloud gaming enables users to play video games minus the need for installations and gaming consoles. Moreover, these games run on remote servers. One can access these games via a web browser or an application.
It brings about the democratization of gaming access. In addition, it allows a broader and more diverse audience to take part in premium gaming.
The Future Of Gaming Lies In Mobile
Mobile gaming, despite being a relatively young segment of the industry, has grown at an incredible pace, with 2.4 billion people playing games on their phones in 2019. An inventive and seamless user interface that relies on engaging features such as in-app purchases and loyalty rewards can be credited with part of mobile’s rapid growth.
These game consoles could completely change online gaming and make the industry as exciting as that of the 5G age approaches.
Diverse Monetization Opportunities
The discussion of diverse monetization opportunities is, without question, one of the important segments of the discussion, the future of online gaming.
To be more precise, the latest trend is adopting strategies that amalgamate the various formats and methods of monetization, like offer walls, in-app in-app subscriptions, native apps, banner apps, and more.
It has helped the developers create a loyal base and a sense of commitment among the players.
In addition, the application developers have begun experimenting with different ad formats. Ultimately, it helps engage the app users.
This approach boosts user engagement and provides non-intrusiveness for monetizing the free games.
The New Age Of Entertainment
As the number of players rises, online gaming’s technical possibilities are limitless. Some of them are already taking shape:
Virtual Cloud Gaming
Cloud gaming allows players to download games rather than play on a computer, taking advantage of quicker, more stable internet connections.
Real-Time Personalization
Games could create game content that is tailored to each player’s personality and playstyle based on their player data in the future.
With the advancement of these technologies, we will witness changes in how audiences interact with games.
They will open up new opportunities for marketers and advertisers to capitalize on increased viewer engagement. Many players in the industry will succeed under the new circumstances, while others will fade away.
Bringing The Discussion To A Close
Other than these, diverse monetization opportunities are taking place in the realm of online gaming. These changes are adding new enthusiasts to play games.
The future of online gaming is quite bright, and new developments like cloud infrastructure are cropping up with time.
Even the manufacturers of these games are making sure that they are putting all the technological development in place so that it enables a better game-playing experience. These changes are shaping the future of online gaming.
