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Are you an online gaming enthusiast? Do you also buy your new smartphone by looking at how capable it is for gaming? Or are you normal? Well, both of these are normal.
Online gaming has been a favorite sport of billions for the past decade, but it became even more popular in the years 2020 and 2021. This made us all believe that the mobile gaming industry is more user-engaging and rewarding.
Today, the video gaming industry generates more revenue than any movie or sport. If you remember, the majority of this time was part of the COVID pandemic, where people were locked at home and there was no better option for enjoyment than online gaming.
So, we can say that the current state of online mobile gaming is very thrilling, with many discrete options available, from free-to-play and in-app purchases to location-based and AR games. The amount of experience provided by mobile games is fantastic.
In relation to this, 2024 is here (you’re screaming, I know!) and so are the new trends in the gaming industry. With new technologies getting launched literally every single day, there are massive opportunities for developers, gamers, game viewers, and companies alike.
So, one question that I am sure is on everyone’s mind is, “What are the trends that will govern the online gaming industry in 2024?”
Let’s read about them.
1. Online Ecosystem and The Metaverse
Metaverse is a buzz these days, and it will be the hottest trend in the online gaming industry in 2024. Since the very first day that Meta introduced this concept, the online gaming industry has been buzzing over these schemes of the metaverse. All of this is happening, even though it’s very early to contemplate the metaverse environment, be it the development cycle or the additional features.
However, this new aspect of our online lives appears to be set to become a characteristic feature of the online gaming industry in the year 2024. It may not be surprising to see several companies spend more money and time developing a customer-driven program to entice you to spend more time in their online metaverse.
We might see boundless competition, where the best casinos and gaming companies will be trying to prevail.
2. Mobile Gaming is the Future
To be more precise, mobile gaming contributes half of the overall global revenues, i.e., $175.8 billion, generated by the gaming industry in 2021. For now, it is the biggest fragment of the global gaming market and showcases what the gaming and entertainment industry will look like. Among all kinds of mobile games, rummy is the most played, and you might have noticed that online gaming companies are bringing more and more rummy games into action.
3. Cloud Streaming Devices
Cloud service providers are prominent hardware developers who are expected to transform the online gaming market in 2024 and beyond. Gamers can stream gaming videos straight from the server through cloud gaming services that offer content from the cloud to a gaming device. The receptiveness here is pretty similar to that of a local copy of the game; connections take place in seconds.
However, they can be slowed down because of the upgrade of mobile internet technologies; companies like Amazon, Google, and Microsoft have been at the frontlines of this shift towards cloud streaming services for the time being. However, with the availability of fiber broadband and 5G mobile internet, technological constraints will gradually begin to disappear.
This is one reason why the companies are investing more in creating these services, along with other streaming giants like Netflix-that have long been promising to make their entry.
Cloud streaming can transmute the industry, as it will eliminate the requirement for game development lifecycles to be tied to hardware cycles.
4. Blockchain Technology
Gaming combined with blockchain can entirely transform the gaming sector and thus reconceptualize the gaming world. The mobile gaming world, which earlier was seen as a leisure activity, has now become a possible means of building assets- all thanks to blockchain technology. The ways through which blockchain technology will be transforming the mobile gaming industry into an economic endeavor are-
- Control and monetization of virtual capital.
- Brushed up safety for games.
- Increasing gamers dependability
- Non-fungible tokens in gaming
- proof-of-earning
5. Mobile XR (Xtended Reality)
Extended Reality is a hypernym for the admixture of Mixed reality (MR), Virtual Reality (VR), and Augmented Reality (AR).
Mobile XR is indeed the future of gaming, as it will make online games even more immersive by offering a real-life-like experience to gamers, giving them the feeling that they have been transported into a completely new dimension. Soon you will see portable wearable headsets, intuitive interactions, convertible screens, and motion tracking becoming routine.
6. Big Data and AI in Gaming
Artificial intelligence (AI) and Big Data are the two technologies that can lead to ground-breaking innovations in the gaming industry. Combining the two technologies mentioned above can result in more dynamic games with more advanced outcomes. AI can also simulate human behavior, making perfect graphics for games. Big data in the gaming industry will enable profiling of player behavior that will allow game developers to create an enchanting based on past performances by observing how the general public plays their games.
Both of these technologies make the game more fun and challenging, give a more personalized gaming experience to players, improve the user experience, and make it possible to create more captivating and engaging games by using advanced machine learning algorithms.
Future Predictions For Online Gaming
So the future trends that you can expect to see in the near future and in 2024 are:
- AR and VR games will become more popular in 2024.
- Smartphones will get cheaper-high quality gaming mobile phones will become cheaper making gaming more omnipresent.
- 5G networks will promote mobile gaming in 2024.
- HTML5 will become a primary gaming platform.
- There will be more virtual economies in the year 2024.
- Gaming in the metaverse will become ubiquitous.
Summing Up
The mobile gaming industry is thriving these days, and there is no sign of it slowing down. The gaming industry is worth billions, and it will continue to grow in the coming years. The evolution in the gaming industry is making our lives really interesting, and thus, being in the mobile gaming industry cannot be more fruitful than this.
We hope you find this trend and these technologies enlightening in relation to what’s about to happen in the upcoming years.
This concludes that mobile gaming is a booming space with the potential to completely surpass the PC and gaming consoles.
We are more than excited to be a part of this mobile gaming industry, as it has opened gates of opportunity. Now you should know how to take advantage of that.
We are actively involved in the mobile gaming industry, and you can leverage our expertise to build the game that you have dreamed of. We can make your dream a reality so that you can run your business.
If you have any ideas and want to discuss them, Contact us!
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