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5 Incredible Tech Improvements in the Gaming Industry
The gaming industry is famous for its innovation. Let’s look at 5 tech improvements that are revolutionizing the gaming world!
15:45 13 December 2022
What Are Some New Tech Improvements in the Gaming Industry?
Gaming is a $200 billion industry and is expected to grow at 9% per year for the next 5 years. The gaming industry is experiencing tremendous growth and is known for having very high margins. A big reason for its growth and success is the amount of innovation in the sphere. In this article, we are going to look at 5 tech improvements in the gaming industry!
1. Cloud Gaming
One of the biggest obstacles stopping people from enjoying games was the need for expensive consoles, specialized gaming computers, and lots of memory. Cloud gaming solves all of those problems. Thanks to cloud gaming, you can play the latest games from your web browser. All you need is a fast internet connection. You don’t need to worry about buying a fancy computer or installing anything. Simply open the game in your browser and start playing immediately.
Currently, Microsoft offers cloud gaming. For a low subscription fee, you can get access to 200 games including Fortnite, find out more about Fortnite at game-boss. Expect more companies to experiment with this business model in the future. The days of purchasing individual games and playing on a console are coming to an end.
2. Esports
Esports refers to competitive gaming where players compete against each other in tournaments. Esports has exploded in popularity over the last 5 years and the industry is already worth over $1 billion. It is also growing at over 20% per year.
The top esports teams are now mega $100 million + companies and have transformed themselves into lifestyle brands creating their products and software and signing deals with massive companies, including Amazon and Red Bull.
There are now over 200 million esports fans spread all over the world. A big reason for the rise of esports is streaming platforms like Twitch. Thanks to platforms like Twitch, gaming enthusiasts can tune into tournaments and watch their favorite gamers play. It won’t be long before esports become more popular than traditional sports!
3. Virtual Reality
Virtual reality is still in its early stages but has the ability to completely transform the gaming industry. Virtual reality offers a fully immersive gaming experience where players get to surround themselves in a new world with unbounded possibilities to explore. In the future, some experts are predicting that people will spend more time in virtual reality than in the real world.
Despite being a brand-new technology, the industry is already worth over $10 billion and could grow as much as 30% over the next 10 years. It won’t be long until virtual reality is the most popular form of gaming, and people are building second lives in the metaverse!
4. Facial Recognition
Facial recognition technology has been around for a long time and is particularly popular in the security industry. However, the tech has only just started being used in the gaming industry. Gamers can now scan their faces and instantly create a character that resembles themselves. You no longer have to spend hours trying to create a player that somewhat looks like you.
Intel is the current industry leader in facial recognition technology in the gaming industry. They use a RealSense 3D Camera that scans over 70 different points of your face and even records your emotions.
5. Artificial Intelligence
Artificial intelligence is being used to make gaming feel more realistic and make gaming environments richer. Thanks to artificial intelligence, non-player characters (NPCs) are much more life-like and are able to perform spontaneous actions. This allows for multiple storylines to emerge and makes the whole gaming experience dynamic. Gone are the days when you select one response, and the non-player character is pre-programmed to reply.
Bots are being transformed thanks to artificial intelligence, and it really feels like you are playing against real people rather than the computer. It will be interesting to see what other use cases developers can find for artificial intelligence in the gaming industry over the next 10 years.
Wrapping Up
The gaming industry is a hot spot for innovation. Some of the most exciting recent technology developments include:
- Cloud gaming
- Esports and streaming
- Virtual reality
- Facial recognition
- Artificial intelligence
The above technologies are mostly in their infancy and already changing the gaming world. Comment below what technology you think will have the biggest impact on the gaming industry over the next 10 years.