2023 has been a good year in terms of technological developments. Many new trends are introduced to the industry, and many will be influencing the gaming sector in the next year. As a gaming enthusiast, you need to be aware of the latest trends in the market.
Statistics indicate that the video gaming industry market cap will hit $583.69 billion in the next 7 years. As compared to many other entertainment sectors, the gaming industry is making impressive progress.
There are some smaller improvements in the industry that are overlooked by players. On a larger scale, these little changes are way more impactful than crypto and other promising technologies. In this article, we will explore some major developments and trends that have or will have a major influence on the global gaming industry.
What to look for in 2024?
With the start of 2024, many top software developers have already announced their new releases. We have analyzed the market insights and statistics to come up with the most promising opportunities for players. These trends will shape the future of the industry and how players interact with new technologies and platforms. Let’s review some of the top trends in popular niches of the gaming industry.
Cryptocurrencies for iGaming Payments
In-game purchases are popular for many video games. Players have to pay to access different exclusive features and options. Using a reliable payment option has always been a challenge. Cryptocurrencies have resolved the issue not only for game developers but for iGaming operators, too. Sooner or later, all online casinos will have to integrate cryptocurrencies as payment methods. In countries where online gambling is not legal, players can make deposits and withdrawals with cryptocurrencies. Here are some other major benefits of using cryptocurrencies for online casinos:
- Anonymity
- Fast Transactions
- Reduced Transaction Fees
- Global Accessibility
- Enhanced Security
- Provably Fair Gaming
- Accessibility to Unbanked Users
- Borderless Transactions
If you are having trouble with payments at any online casino, you should give Bitcoin or other currencies a try. With instant processing, there is no need to pay higher fees and wait for hours for approval. Right now, most of the casinos have already started accepting cryptocurrencies. This payment method is way faster and more affordable.
Better Mobile Apps
In the online gaming world, having a responsive mobile app is compulsory for every casino and game developer. Users pay attention to games and casinos that are available for their smart devices. Players like an on-the-go approach to gambling.
There is no need to stick to your laptop when you can easily enjoy the same experience from your smartphone. All bonuses are also available for mobile apps too. HellSpin has a responsive app, which means that hellspin bonus bez depozytu bonuses are available for smartphone users, too. Such risk-free bonuses enhance the app experience for the users. Most new players prefer online casinos that offer no deposit bonuses, free spins, and responsive mobile apps. Enjoy 24/7 access to online casinos with mobile apps and other bonuses.
Cross-platform gaming in 2024
This has been the dream development for all gamers. Many game developers have already launched their games with cross-platform support, while others are working on implementing this approach. Cross-platform gaming means the same game can be played across different consoles and devices. Still, many major changes are expected in this regard in 2024.
If you are playing one game on your PS4, you can start from the same level on your PC, too. Not all games support this type of integration right now, but many improvements are expected this year. This will offer a flexible and convenient gaming experience for all.
Fitness Gaming
A few years back, gamers were considered to be lazy and physically unfit due to continuous gameplay habits. There are many top wearable technologies that have made it possible for players to stay fit and healthy while enjoying games. Players can burn calories and fat while playing games. Instead of sitting in a chair, they will have to physically move to participate in these games. The concept of Active Video Games is gaining popularity across the globe.
Metaverse Gaming Trends
For the last two years, the Metaverse has become the biggest invention of these years. Almost every technology blog is seen talking about this trend. Meta is the same company behind Metaverse that owns Facebook, Instagram, and many other popular sites. Many sectors are working on the metaverse game development integration. In the next 4 years, the market cap of metaverse gaming is expected to hit $710.21 billion.
Gamers are also very excited about trying these new versions of games. The gaming experience with metaverse technology will be more entertaining, engaging, and immersive. There will be virtual worlds, and characters will feel like they are playing in real-time. Complete availability of this tech will take some time, but recent progress seems promising.
Conclusion
The world of technology is quite volatile as many technologies emerge as promising but fail to impress consumers. These are just assumptions about what to expect from the gaming sector, and reality can be different, too. Many companies will compete by launching new concepts as traditional gaming devices and platforms need to adapt to the new trends as per the demands of users. Developments like AR, VR, cloud streaming, and AI are also going to influence the industry in big ways.
