The sphere of gambling has changed a lot in recent years. If you want to know more about market trends these days, read this article.
Few industries have thrived and grown during the pandemic. The few who had a very bright future as they survived one of the toughest times the world has seen. Among these industries is the gaming industry. At a time when most people were tied indoors and couldn’t leave their homes, one of the most appealing options they had was to gamble online.
Now that the pandemic has come to an end, the industry has lost none of its popularity. The game is more popular and versatile than ever with new trends appearing on the market regularly.
If you want to find out what’s new in the video game industry, this article is for you.
Great bonuses and new games in the online world
People have been loving online games ever since they hit the market, and especially when the pandemic happened and physical entertainment was shut down indefinitely. Many of these people prefer to place their bets at the top paying casino sites even today – and for obvious reasons. There is tons of flexibility and these days you can claim great bonuses when playing online that you could never find conventionally. On top of that, you get to know new games almost daily.
One of the things that attract many players to play online today are bonuses. Nowadays, you can find huge promotions as soon as you sign up on their website. You can spin the reels with free spins, get match bonuses up to thousands of credits, and enjoy regular special offers while still playing on one website.
Top-rated sites frequently update their game portfolio. In the past, online games had a very limited selection of games. Today, some of them boast thousands of choices from top developers, giving gamers the ability to be entertained for days on end.
Interest in online gaming isn’t about to stop or dwindle anytime soon. The scale of this industry is expected to reach $113.12 billion by 2025, up from $58.96 billion in 2019.
Convergence of digital games and social channels
As technology advances, social media platforms and video games, and even streaming apps, compete for the attention of the same users. In recent years, we have seen a convergence of social channels and digital games. Think about it, users can now access apps like Netflix on video game consoles!
Social media is helping the growth of digital gaming, so the two words continue to connect and converge over time. Social media companies frequently add features to attract gaming enthusiasts, while video games often offer social networking features (like avatars, shared spaces, and chat rooms).
Extended reality technologies keep the edge
People love the idea of immersive gaming, which is why technologies like augmented reality and virtual reality caught on right away. Even now, game developers are pushing the boundaries with advanced graphics and technologies like AR, VR, and XR.
These are becoming more important than ever with older games being edited to include these technologies and new advanced games constantly appearing on the market. Gaming and tech giants are constantly forming important partnerships to create products, so we can expect this trend to last for a long time.
Cloud gaming is becoming increasingly popular
The ability to consume gaming content without these expensive tools is very appealing to users. This is why platforms like Netflix and Spotify are so popular. For the past few years, tech companies have been trying to apply this same idea to gaming. While cloud gaming services and game streaming companies are still struggling with challenges such as slower internet connections, it is believed that 5G will make this a real possibility for gamers.
There are already early-stage creations such as Xbox’s XCloud product, as well as Amazon’s Luna. We can expect these novelties to only increase in number in the near future.
Growth in esports
Partly because of the pandemic and mostly because of its fun, esports is truly famous these days. You can even see esports tournaments broadcast on TV these days compared to a few years ago when that was rare.
The rise of esports has been huge over the past couple of years. A report by Newzoo shows that by next year, growth will be around 10.4%.
The gaming industry is more successful than ever and we can only expect that to grow in the years to come. At this point, all aspects of the gaming industry began to flourish, from video games to online games. People had access to many sources of entertainment and even ways to earn extra money, such as gambling.