Skip to main content

Gaming trends: What to expect

[PLACEHOLDER]

Gaming continues with an accelerated evolution and significant business growth. The incredible virtual worlds are receiving thousands of real-time players, becoming another avenue for networking, as well as entertainment. This is just impossible to ignore.

The gaming industry is one of the most dynamic and innovative sectors, constantly evolving and adapting to new technologies, consumer preferences, and market opportunities.

Photo by Mikhail Nilov via Pexels

 

Newzoo forecast the game market will grow to $217.9 billion in 2023.

Newzoo 2020 Global Game Market


Cloud and gaming

There was a time, not too long ago, when you would buy your games and play them by inserting them into your console or computer. As more gamers demand access to high-quality games on any device, anywhere, anytime, cloud gaming will become a mainstream option for delivering games over the internet.

Games are now becoming available via subscription model. An example of this is the Microsoft Xbox game pass and Xbox Live Gold.

But aside from subscriptions, games can be accessed via cloud data centres, making it less of a need to own expensive hardware at home. I mean, even Netflix is offering games.

Metaverse

Some may say that before Metaverse became a trending subject, gamers were, and are, used to get together in the virtual world. What we are experiencing is an evolution of such when even music concerts are making their way into Fortnite (i.e. Marshmello, Ariana Grande, and many others).

This is just one manifestation of what is coming as gaming companies are re-evaluating their platforms, and how user experiences will continue transforming the industry.

Many will continue to come to the different platforms for the purpose of driving exotic fast cars, playing FIFA (and many other sport games), exploring amazing kingdoms with Mario or partnering with Link when becoming a legend within Zelda… AND there will be others that will come to many of these worlds for the purposes of socializing.

Extended Reality (XR)

XR brings together:

  • Virtual Reality (VR)
  • Augmented Reality (AR)
  • Mixed Reality (MR)
Photo by cottonbro studio via Pexels

XR brings the immersive experience for gamers. XR gaming is expected to become more mainstream in 2023.

Just VR alone provides the immersive gaming experience that gamers are looking for. The moment a player wears those VR headsets they get transported to a place that allows them to interact with their surroundings (digitally speaking), making the experience engaging and emotional. VR provides accessibility and inclusivity to games removing the barrier of traditional controllers for those that may encounter them challenging because of a physical disability. Perhaps VR may introduce gaming to even that audience that previously showed no interest in video games.

Minecraft
 


Blockchain

“Play-to-earn” games that reward gamers with cryptocurrencies. Here are some of those companies working in this space:

  • Axie infinity
  • Enter the Gotchiverse with Aavegotchi
  • Crabada 

eSports

The competitive video gaming industry (aka eSports) continues with its popularity. This space goes beyond your average gaming time spent. It is a place to socialize virtually, and a place for content.
The broadcasting of eSports is at an all-time high. Twitch, as a live-streaming platform where content creators broadcast video games, as well as other content, has on average 7.7 million active streamers each month. 

Mobile gaming

Mobile gaming is already a huge segment of the gaming industry, with more than 2.7 billion mobile gamers worldwide in 2021. Mobile gaming is expected to grow even further in 2023, as more people adopt smartphones and tablets as their primary gaming devices.

Conclusion

Gaming has been an ever-growing business. Comparing the old days, when using “floppy disks” to load the games into the computer, to where we are today, it is just an amazing journey. 

As everything, you need to enjoy it responsibly in the right doses. Always make sure you find balance between the virtual and the real world. Every now and then, disconnect and spend time out with others.


Trending posts

AGILE For DIGITAL AGENCIES

Introduction Some Digital agencies have a project process where waterfalls still plays a big part of it, and as far as I can tell, the tech team is usually the one suffering as they are at the last part of the chain left with limited budget and time for execution. I do believe that adopting an Agile approach could make a Digital Agency better and faster. In this article I’m presenting you just another point of view of why it make sense looking at Agile Methodology.  Why Agile for a Digital Agency? The Agile movement started in the software development industry, but it has being proven to be useful in others as well. It becomes handy for the type of business that has changing priorities, changing requirements and flexible deliverables. In the Digital Agency of today you need a different mindset. Creative will always play a huge role (“the bread and butter”). But the “big guys” need to understand that without technology there is no Digital Agency. Technical resources are

AI with great power comes responsibility

Generative AI continues to be front and centre of all topics. Companies continue to make an effort for making sense of the technology, investing in their teams, as well as vendors/providers in order to “crack” those use cases that will give them the advantage in this competitive market, and while we are still in this phase of the “AI revolution” where things are still getting sorted.   Photo by Google DeepMind on Unsplash I bet that Uncle Ben’s advise could go beyond Peter Parker, as many of us can make use of that wisdom due to the many things that are currently happening. AI would not be the exception when using this iconic phrase from one of the best comics out there. Uncle Ben and Peter Parker - Spiderman A short list of products out there in the space of generated AI: Text to image Dall.E-2 Fotor Midjourney NightCafe Adobe Firefly

Goal setting frameworks for Product Management - OKR and HOSKR

As a business analyst and product manager we often use various frameworks to synthesize and organize our product ideas and goals. I think of frameworks as tools in our product management tool kit which we use depending on the task at hand.  And speaking of goals, OKR is a very popular framework that I often use to set the goals for the products I am managing. However recently I participated the #ProductCon conference hosted by Product School  and I stumbled upon one of the talks in which Rapha Cohen, the CPO at Google Waze introduced a more effective framework for setting product goals. The framework is called HOSKR.  In this post I'll describe both the OKR and HOSKR frameworks in more details using examples. I hope this will provide you, our readers, more practical insights on how to effectively use these frameworks to set your product goals.  OKR OKR stands for O bjectives and K ey R esults. If you are reading this post then you are on our Beolle blog and I am going to use one o

Small Language Models

 Open source models will continue to grow in popularity. Small Language Models (SLMs) are smaller, faster to train with less compute.  They can be used for tackling specific cases while being at a lower cost.  Photo by Tobias Bjørkli via Pexels  SLMs can be more efficient SLMs are faster in inference speed, and they also require less memory and storage.    SLMs and cost Small Language models can run on less powerful machines, making them more affordable. This could be ideal for experimentation, startups and/or small size companies. Here is a short list Tiny Llama. The 1.1B parameters AI Model, trained on 3T Tokens. Microsoft’s Phi-2. The 2.7B parameters, trained on 1.4T tokens. Gemini Nano.  The 6B parameters. Deepseek Coder

This blog uses cookies to improve your browsing experience. Simple analytics might be in place for pageviews purposes. They are harmless and never personally identify you.

Agreed