Despite the massive disruption caused by the COVID-19 outbreak, the global video game industry is booming. Millions of people play video games every day, and this growing momentum has paved the way for a plethora of exciting innovations and trends.
Emerging technological trends in the gaming industry can positively disrupt the current gaming experience if they are to reach a considerable level quickly.
You won’t believe,
The games industryaccording to research by Mordorintelligence, was estimated at $198.40 billion in 2021 and is projected to reach $339.95 billion by 2027, growing 8.94% from 2022 to 2027.
Huge, isn’t it?
Undoubtedly, one of the most profitable business categories is considered to be the gaming industry. If you’re an entrepreneur looking forward to getting into the gaming industry, now is a good time.
In partnership with a top game application development company for game development will be a wise decision for you!
Being updated and aware of emerging trends is crucial for game developers to be successful. So what trends could be crucial in determining how the gaming industry develops in the future?
But, before checking out the latest tech trends in the gaming industry, let’s talk about,
Read the statistics and figures mentioned below to know the reasons behind the popularity of mobile game development services!
Asia was the world’s largest video game market in 2021, with around 1.48 billion gamers, followed by Europe (715 million), which was the second largest market. An estimated 3.24 billion people play games in the world.
With annual income at over $93.2 billion in 2021, mobile gaming remained the most popular gaming genre in the world. At $50.4 billion, the console market comes second, while PC gaming comes in last with $36.7 billion forecast in 2021.
The market has significant future growth potential owing to the increase in mobile games, console usage and also cloud adoption.
As you have seen the reasons to invest in game development services, let’s move on and discuss,
The gaming industry is growing as fast as any other fast-growing, technology-assisted industry due to advancements in technology. The major technological advancements that are reshaping the gaming industry and changing mobile game development services are listed below!
So take a look!
#1. cloud gaming
The latest development in the gaming industry is the cloud. Cloud game users do not need to install and run updates frequently. A game console is not necessary with cloud gaming.
By enabling premium games on your web browsers, Cloud Gaming solved a problem that millions of people had. The only requirement is a fast internet connection. Cloud gaming has already attracted companies like Google and Microsoft. Today, many game companies are able to install their games on their servers and make them available to players around the world with the help of the best game development company. Cloud gaming has a very low subscription cost and players are having fun. The versatility of cloud gaming is its most alluring quality.
A competitive sports game played on multiplayer video games is called “Electronic Sports” or “Esports”. Professional Esports players compete in teams or as individuals in this game.
A realistic tournament environment is provided for professional players and spectators. To provide esports competitions with a true sports atmosphere, game developers have incorporated high-tech elements such as live spectators and live matches.
With an expected increase in revenue of over $1 billion in 2022 alone, esports is already one of the largest segments of the gaming industry. The global esports and game streaming market is expected to be valued at more than $3.6 billion by 2025, according to an estimate by Juniper Research. Esports is in a different league when it comes to advancements in gaming technology.
In February 2020, there were 223 million enthusiasts and 272 million casual live viewers, bringing the total viewership to 496 million. This growth rate was 11.7% year over year. According to an analysis by Newzoo, by 2023 esports is expected to grow at an annual rate of around 10.4%. It is expected to have over 351 million casual viewers and over 295 million enthusiasts, for a total audience of 646 million.
Even though North America, China and South Korea have the biggest esports markets in the world.
#3. face recognition
Facial recognition technology is not new and is frequently used in security-focused surveillance systems. Video games are now included in the scope of the technology, however. When players can play with characters that imitate each other, which is made possible by facial recognition and 3D scanning, the game becomes more attractive for them.
Facial recognition technology has great potential, and Intel has already recognized it. Intel offers developers its RealSense 3D camera, which can scan 78 different points on a person’s face to read the player’s emotions. With all the developments in facial recognition technology, the game is about to enter a new stage of development. Hire the best game development company, if you also want to use this technology to create a game.
#4. Virtual reality
Virtual reality, or VR, has unquestionably improved gaming since the technology allows users to view games in real time on their screens. The virtual reality market offers customers a window into the dream world from the comfort of their homes with high-end accessories and breathtaking 3D effects.
Prior to that, VR was popular with gamers and hooked on the military and medics. With top players like Minecraft embracing the technology, virtual reality games have slowly grown over the past few years.
According to research by GrandViewResearch, the market size for virtual reality in the gaming industry was estimated at USD 11.56 billion in 2019 and is projected to grow at a CAGR of 30.2% from 2020 to 2027.
#5. Artificial intelligence
Another of the biggest technological advancements that has altered the gaming experience for human gamers is artificial intelligence (AI). Games where bots play against human players without making them feel like they’re playing against bots have become smarter with this technology. Today, AI is more than just a buzzword; it is a technology that is used and widely used in the gaming industry.
So, the top 5 technology trends that are boosting the gaming industry are mentioned above. If you also want to take advantage of one of the trends to develop your own custom game app for any platform, you need to hire a top game development company like Quytech!
Quytech has years of experience and technical expertise in high-end Android games, iOS games, PC games and for other platforms and consoles. During the entire game application development process, they focus on meeting your specific application requirements and your potential customers’ demands while saving cost and time significantly.
As a leading game application development company, they offer various game development services such as:
- Mobile game development
- HTML5 game development
- Web game development
- Blockchain game development
- Unity3D game development
- 2D/3D game development
- Development of unreal games
- AR/VR game development
Apart from all this, they also cover various genres under their game development services, such as:
- RPG games
- Simulation games
- Mind games
- poker games
- rummy games
- Slot machine games
- Sports betting games
- Action/adventure games
Apart from this, there are many other reasons that make Quytech the preferred choice for those looking for a highly reliable game application development company.
- Interactive game apps
- Proficiency in all game development platforms and technologies
- Bug-free coding and testing
- 24-hour support services
- Skilled and experienced game developers
- Timely updates and reports on the progress of your project
- Delivery of game applications on demand
- Total customer satisfaction
- Agile Game Development Services
The future of the game will depend on technological developments. The market will surely change as more and more people want to play new games and people’s technology and gaming preferences advance. The gaming experience will advance due to the escalating rivalry between offshore game developers.
Additionally, rapidly changing customer expectations have forced many game development companies to seek out untapped markets in order to maintain their customer base. The state-of-the-art game development services offered by best app development companies will lead the gaming industry in the future. Quytech is the best option if you are looking to hire game developers. You can design, develop and market your games using Quytech’s all-inclusive solutions.