Gaming is a quickly expanding industry that shows no signs of slowing down. There are now more than 2 billion global gamers, and their numbers continue to grow. The growth of mobile gaming, esports, and virtual reality have all helped contribute to this growth, as well as new trends like co-gaming, mixed reality gaming, and location-based games. This article covers some of the biggest trends in the gaming industry today and what they might mean for the future of games. These trends offer insight into how the gaming industry might continue to evolve over the next few years—and what that means for investors who are interested in getting involved with the space.
Co-Gaming
Most people who play games today play them alone, but co-gaming could be a major trend for gaming in the next few years. Co-gaming is the act of playing a game alongside someone else either online or in person. It could be a friend you’re playing with on the same device or a group of strangers who are connected via a virtual table. Some gaming platforms have already integrated features to facilitate co-gaming, while others could soon follow suit. That’s because there are several benefits associated with co-gaming, including improved communication and collaboration skills and the ability to make friends with people who have shared interests. While co-gaming is already a trend, it could become even more popular as the gaming industry continues to develop. New advancements in technology like 5G, cloud gaming, blockchain, and video editing techs, like those offered by Vista Create, could make co-gaming even more accessible for gamers around the world.
Virtual Reality
Virtual reality has been on the rise since the early 2000s, and it shows no signs of slowing down. At the same time, it’s also evolving and becoming even more immersive. Virtual reality is a game or experience that places players in a virtual environment. These environments are created and made interactive through a headset or other technology like haptics. Virtual reality has grown in popularity thanks to advancements in technology and the availability of more affordable options. It’s also become more accessible thanks to the rise of co-gaming, esports, and other trends.
There are a few VR trends that are likely to continue developing over the next few years. First, more people are likely to own a VR device as the price of headsets continues to drop. Second, more companies are likely to develop and release new VR content. And third, more people are likely to play games or engage with other content in VR alongside other popular trends.
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Esports
Esports is the term used to describe the competitive scene of professional gaming. It’s become popular over the last few years thanks to advancements in technology and an increase in mainstream acceptance. Esports is projected to become a $1.8 billion industry by 2024 and is expected to grow as games become more immersive and more people get involved. According to Newzoo, esports will make up more than a quarter of the $143 billion global gaming industry by 2021. And it’s projected that more than $9 billion of that will be from investment in esports.
New gaming technologies like 5G, blockchain, and mixed reality could help esports evolve even further. They could make esports more accessible, improve the quality of streams, and create better experiences for fans.
Mixed Reality Games
The term mixed reality refers to a combination of real and virtual elements, so it’s not surprising that it’s becoming a big trend in gaming. There are a few different types of mixed reality games, but the most popular are augmented reality games and location-based games.
Augmented reality games layer virtual elements onto the real world. They’re most often played on mobile devices like smartphones and tablets and are used to enhance the real world.
Location-based games combine real and virtual worlds to create a persistent game that occurs in a real-world location. They’re most commonly played by groups of players in the same place at the same time.
There are a few trends that will likely continue to develop in mixed reality games. First, more people are likely to play mixed reality games as the technology becomes more accessible and more affordable. Secondly, more companies are likely to develop and release new mixed reality games. And third, these games are likely to become more integrated with other gaming and tech trends.
Conclusion
Gaming has become an important part of our culture and will continue to evolve as time goes on. New trends, like co-gaming, virtual reality, and location-based games, will become more common as gaming continues to grow and advance.
These trends offer insight into how the gaming industry might continue to evolve over the next few years—and what that means for investors who are interested in getting involved with the space. New advancements in technology like 5G, cloud gaming, and blockchain could help facilitate these changes.
