There is absolutely no doubting the remarkable rise that we are seeing in the gaming industry and it is now one of the fastest growing industries in the world. There are also some major predictions for future growth, with innovative products hitting the market and endless investments being made. The industry has seen some further growth across 2020, due to lockdowns being enforced and people having to spend extended periods of time within their own homes. This has led to a surge in numbers of people on different online entertainment platforms, so gaming was one of these sectors to profit from this.
One key example is with the casino market. A sector that has also been evolving, with technology further impacting this. Here you can find wish’s long list of American casinos, which have also been accepting uk players, which has further added to the popularity around these. It has resulted in a growth in numbers, in what remains one of the most popular forms of online entertainment. We could yet see these online casino platforms taken to the next level due to technology, with VR set to impact these markets. This is with virtual reality casinos, which are now very close to hitting consumers, which will take the sector to the next level. It will offer a new experience and very life-like from walking and playing on a casino floor and could bring in a vast number of new players to online play, who would have now previously done so.
Source: https://www.europeanbusinessreview.com/the-biggest-corporations-in-the-online-casino-industry/
This virtual reality is also something that we are seeing in many other areas of gaming, such as on traditional consoles. These offer a completely new experience to gaming and will be expected to evolve the market in the coming years. There are also so many different innovative products that are set to impact the gaming sector greatly in the near future. From facial recognition, to voice recognition. Also augmented reality, to mobile gaming. The latter has been key in the staggering growth of the industry in recent times. Mobile gaming has now completely taken over the overall market share of gaming at around 60% and this is only set to increase further in the coming years. Mobile gaming also continues to advance, with a lot of investments being put into the market. Mobiles also remain hugely popular for other forms of gaming, such as casinos and this is why they are so popular and have taken over.
