The gaming industry is on a journey of continuous growth. With the technological advancements and convenience of mobile phone gaming, the number of users increases dramatically across the globe. See the following map reflecting the growth of the gaming market;
The worth of the gaming industry in the year 2020 was estimated to be $162.32 billion. Experts believe that this projection after implementing AR/VR technology in the mainstream will receive more attention.
Numerous innovative gaming trends are attracting more users and increase their significance. Let’s discuss some of the future virtual gaming trends.
Changes Expected in 2021
The major changes in the gaming industry are due to the inclusion of VR/AR technology. The embedment of modern technologies completely shifts the landscape. The new games designed in accordance with technological trends witness a dramatic increase in followers. See the following expected changes in the gaming world.
1. AR/VR in Mainstream
AR/VR technology has taken over the mainstream gaming industry. The new gadgets designed for VR also supports AR-based games; hence, facilitating the gamers. Along with this, the innovative arena of AR/VR mobile games can be designated as the revolutionary step in the industry.
The evidence of AR/VR monopoly in the sector is the Pokémon game which was solely based on AR technology and was a smash hit among gamers.
2. Shifts in Game Distribution Models
The distribution and monetization model of the gaming industry will be completely shifted in 2021. The users and developers are not only dependent upon Apple and Google Play stores. The gaming applications can be downloaded from different platforms.
The main driver of change is the policy revision of the leading online stores. Google and Apple are removing games from their play store that uses third party monetization facilities. The Fortnight was removed from the Google play store recently in accordance with this policy.
Third-party application stores like; Amazon App Store, Samsung Mobile app store, and 1Mobile marketplace is also getting popular for downloading games.
3. New Monetization Method
The trend of online gaming witnesses an instant boom because of the high-speed internet availability. The websites like; Hotbox, Facebook Gaming, YouTube Gaming, and Twitch become popular online gaming platforms.
The popularity and convenience of connectivity create multiple monetization facilities and turning a hobby into a business. The gamers can earn through; ads, donations or subscriptions with the help of platforms like; Patreon or Twitch.
4. LTV Gets Profound
The LTV measurement is a parameter to gauge the relevancy and popularity of the game. It stands for Lifetime Value; it estimates the period for which a game is downloaded or played by the users in their smartphone. The time depends on the attraction and engagement of the game; it can be six months or one day.
The parameter creates its significant position due to the profit margin of developers. Therefore, the developers are revising their developmental practices and are creating more engaging games. The best example of this is the ‘Clash of Clans’.
5. E-Gaming Tournaments
The e-gaming tournament is not new for gamers. They are involved in this activity for a decade, but recently the tournament witnessed a shift. The necessity of isolation and safety measures has shut down the arenas, and gamers participate in e-tournaments from their remote locations.
This reduces the charges of participation from $100 to $10. Due to the facilitation and lower economic fare, numerous gamers are participating. This has become a new trend which will be continued in the future.
6. Cloud Gaming
Increased preference for cloud gaming is also a long-lasting impact of COVID. Stadia, Unlimited Gamez Mo and other platforms are being used for playing games with family and friends, making it a new online gaming trend. They facilitate playing advance games from normal computers, as it does not require gaming power from the device.
These systems are based on RDPs, and all you need to utilize them is a higher connectivity internet.
7. Gaming Console Advancements
The giant gaming consoles are upgrading their systems on an annual basis for catering the technological advancements. Nintendo Switch, Sony Play Station, and Microsoft Xbox are advanced their systems to exempt the need for upgraded hardware.
The new companies penetrating the market like; Apple and Google are already embedding these modifications. Due to ultra-modern alterations, the companies came with the most innovative and tech-supported consoles.
Future of Virtual Gaming
The takeover of VR/AR supported the trend of virtual gaming in the industry. Virtual gaming has created its distinct position and has an ample number of users. Following are the future trends that will derive from the virtual gaming industry.
1. Innovative VR Headsets
The virtual gaming experience is linked with the headsets. Many tech giants, including; Samsung, HTC, PlayStation, and Google, have launched their headsets for virtual gaming. Sony launches PSVR technology and evolves virtual gaming. These headsets were more convenient, lightweight and cheaper contrary to others in the market.
The standalone headsets are the future of headsets. These sets will be similar to a pair of glasses with no wires and connectivity required. All you have to do is to wear it and enjoy virtual gaming. The brands like Oculus Go will also facilitate users in downloading and installing different games.
2. VR Arcades
The gamers are always in search of the best gaming experience. After the VR, gamers are expecting a more enhanced gaming experience at more reasonable rates. The concept of VR gaming arcade is getting common at a faster pace.
This place will charge a minimal amount and will provide the necessary equipment require to experience virtual gaming. The VR arcades are expected to generate revenue of around $2.3 billion. The VR arcades operating are charging around $25 for 30 minutes. These places are also providing options to host events and tournaments. Though, due to COVID, these arcades are partially closed.
3. Virtual Gaming for Education
The VR/AR technologies have already penetrated the education system, but leveraging virtual gaming for education is the future approach. These games are different from others games and are termed educational. These games are being utilized as a form of learning method to increase the understandability and productivity of students.
The same service in schools is producing the best assignment writers UK, cementing its effectiveness. Virtual education games require removing functionality errors, but they will define virtual reality in the future.
The technological trend creates an impact on every life sector, including gaming. Innovative technologies serve as a milestone in the advancements of the sector. The future trends of the industry are also dependent upon these technologies. Among numerous future trends, the mainstream usage of AR/VR is most prominent.
The inclusion of AR/VR technology in the gaming industry brings a revolution in the sector. It initiated a new genre of gaming with virtual characters and a more realistic environment. To sustain this experience, many gadgets are also designed.
Virtual headsets are among one of them. Though these headsets were quite expensive, gamers widely used them. The PSVR technology of Sony resolved the issue of the expensive headset.
Virtual games are a new trend in the industry. The VR gaming arcades are being designed to support this trend.
I hope the trends that I have mentioned above will support you in creating a future picture of the industry. If you have any other trends, then do tell me.