Modern gaming is transforming the world for 3.3 billion gamers. The gaming industry is expected to grow 2.8% this year to $189.3 billion, driven by anticipated titles such as Electronic Arts FC 24 and Star Wars Jedi; Survivor. Popular free-to-play mobile games such as Fortnite and Genshin Impact are drawing players in, and advancements are opening up new possibilities, helping the industry expand. Below are some of the current trends we are observing:
Streamlined payments
The rise of the “freemium” gaming model has made it more convenient for players to get started without any cost. Gamers can immerse themselves in a game for free initially and then purchase upgrades and premium features later. This spending trend will peak, generating $67.5 billion in Q2 2023. As a result, fintech companies around the world are stepping up their efforts to improve players’ experience by providing access to rewards through improved in-game items.
In the Middle East and North Africa region, which has 67.4 million gamers, Tamatem Plus users can now use Tap Payments to access payment options, mobile wallets and convenient pay later options. These smart ways save gamers the hassle of having to enter their credit card details for every purchase, allowing them to quickly get back to gaming with just a tap.
Next Generation Devices and Accessories
As next-gen devices and accessories become more popular, game compatibility has become a key factor when buying gadgets. Today, smartphones and gaming-specific devices are geared towards usage and advanced graphics, allowing players to spend their time immersed in the game. But as these devices become more fun, they also pose risks to eye health. Luckily, Oakley gaming glasses are equipped with Prizm Gaming 2.0 lenses, which block 30% of light and provide optimal vision.
The Holbrook Silhouette comes in an XL gaming size and is ideal for OLED and LED displays to maintain color accuracy and reduce glare. It also incorporates a blue light filter to enhance eye comfort during gaming sessions, but we still recommend managing your screen time.
Gamers spend long periods sitting, so the right gaming chair is essential to improve focus and stamina. Logitech G and Herman Miller gaming chairs are customized to support gameplay scenarios. By promoting a gaming posture that improves reaction time and focus, gamers can benefit from customizable lumbar support while performing. Ergonomic features reduce discomfort from sitting for long periods to ensure a great gaming experience.
Augmented and Virtual Reality
Video games have always been at the forefront of adopting cutting edge technology, with Augmented Reality (AR) and Virtual Reality (VR) at the forefront. The phenomenal success of Pokémon GO in 2016 kicked off this trend. Now, advancements such as Oculus Rift and the growing popularity of devices such as Apple Vision Pro allow gamers to enjoy immersive gaming experiences at their fingertips. AR systems take into account the player’s surroundings and provide a gameplay adventure that transports the player into the game world, while VR offers a first-person perspective that fully immerses the player in the game world. Additional gadgets such as VR gloves and eye-tracking sensors capture the gamer’s subtle movements, allowing them to fully embody their in-game character.
We’ve previously discussed how innovation can be a double-edged sword in the world of technology, with some products becoming hugely successful while others, like Lenovo’s now-discontinued gaming phone, may never catch on. However, this spirit of relentless innovation is what has brought the multi-billion dollar gaming industry to where it is today. As more advancements are brought to the market, players around the world can look forward to more exciting, immersive, cutting-edge games and devices in the future.
FAQ;
1. How has technology impacted the gaming industry?
The gaming industry has been transformed by advancements such as easier payment methods, cutting-edge devices, and immersive experiences using Augmented Reality and Virtual Reality (AR/VR). These improvements have enhanced the gameplay experience of games and increased the variety of games available to players around the world.
2. Can you explain the “freemium” gaming model?
The “freemium” model allows players to purchase upgrades and premium items in-game while they play. This approach has grown in popularity, helping to increase revenue for the gaming industry and giving players flexibility in how they interact with games.
3. How do payments benefit gamers?
Streamlined payment solutions like Tap Payments offer gamers a secure way to make in-game purchases, simplifying the process and eliminating the need to repeatedly enter credit card details, allowing gamers to make purchases and access premium content with just one tap, enhancing their gaming experience.
4. Can you give us some examples of next-generation gaming equipment and accessories?
Next-generation gaming devices such as smartphones and dedicated consoles will have powerful graphics capabilities and support for gaming activities.
Additionally, gaming accessories like eyewear such as Oakley Prizm Gaming 2.0 lenses and comfortable ergonomic chairs such as Herman Miller’s Vantum gaming chair, developed in collaboration with Logitech, can improve your comfort and performance during gaming sessions.
5. How do Augmented Reality (AR) and Virtual Reality (VR) enhance the gaming experience?
Augmented reality (AR) and virtual reality (VR) technologies enhance the gaming experience by integrating virtual elements into the real world (AR) or completely immersing players in a virtual environment (VR). Devices like Oculus Rift and Apple Vision Pro provide gamers with the experience, while additional gadgets like VR gloves and eye movement sensors further increase immersion and engagement.
6. How does innovation impact the gaming industry?
Innovation is the driving force behind progress in the games industry, driving the creation of technology, gameplay experiences, and devices. While not all innovations are successful, a culture of innovation spurs creativity, pushes the boundaries within games, and ultimately delivers more immersive gameplay experiences to players around the world.
