Key Takeaways
- Do you love playing games?
- Do you prefer mobile gaming over PC or console gaming?
- Read the article below to know the future of Gaming industry!
The gaming industry’s golden era has just begun; are you up for it?
The new technologies, trends, devices, internet connectivity, and more are shaping the way forward!
Cloud gaming is one such new hype in the gaming industry. With it, top notch gaming will become accessible to larger audiences.
Plus, the gaming itself is evolving; Unity and Unreal Engine are bringing more immersive, stunning, and lifelike gaming to the gamers.
5G and then 6G will help mobile users to play high definition and graphic rich games on their mobile devices. Mobile gaming has been a preferred option because it does not need a gaming console and can be played anywhere.
If you are a game developer, a developer, or a gaming enthusiast, this LinkedIn newsletter will help you understand the future of gaming industry!
A few facts about the Future of Gaming Industry
- Gaming market is projected to reach USD 282.3 billion in 2024.
- By 2027, 1.4 billion users will be playing video games.
- In-game advertising is set to reach market volume of USD 109.6 billion in 2024.
- The mean revenue per user from the video games will be USD 215.20 in 2024.
Fig 1. An image of a graph showing Video Games’ market share from 2017-2027. [Source: Statista]
The Top 13 Gaming Trends of 2024: The Future of Gaming Industry in India
Before we start off, let us dwell into the top gaming trends of 2024 to better understand the future of Gaming Industry. Here they are,
- Expansion Packs
Expansion packs extend the functionalities and features of your already installed video game.
Earlier, they were reserved for PC and Console gaming, but now the mobile game developers are venturing into this arena.
It helps in retaining the interest of old users while enticing the new gamers.
- Mini Games
Now-a-days, big games are providing short mini games as well.
No additional installation is needed, and they boost competition & sharing amongst friends, boosting user retention and engagement ratios.
- All-age Mobile games
Candy Crush and Hitman GO are a few of the games that are targeting players of all ages because now everybody has phones.
Mostly, the ideal player persona is that of a younger age or an older age because they are comparatively free and easily motivated!
- Game Consoles are on the decline
Gaming consoles like Play Station, Xbox, and more are on the decline as they need a stationary place, whereas mobile gaming is on the rise as it can be played anywhere.
- Mobile Gaming Revenues
Across the globe, users are playing mobile games, be they from China, India, the USA, or more.
This means the revenues are going through the roof and are set to explore space now!
- Pre-ordered games
It helps both the game developers and gamers to have games booked in advance at a reduced price.
- Rise in Cost per Install or CPI
As the tech infusion in video games increases, the cost per install will increase as well and thus further boost the service delivery!
- Subscription models
Subscription models were only available in PC and Console gaming, but now, due to the huge inflow of gamers on mobile devices, the subscriptions are being catered to and bought in the mobile gaming industry as well.
- AR or augmented reality in games
Remember Pokemon Go and games like that that augment your reality into a feature rich game?
Well, it’s about to be boosted by an exponential level in mobile gaming.
- Cloud Gaming
With Cloud gaming, not only the gamers but the small gaming companies can also benefit from the remote gaming servers!
- Open Source Development in Mobile Games
To keep mobile games relevant, inclusive, and cheap, mobile game developers are opting for open source development.
- Wearable Tech
Did you know that wearable tech like smart watches, foldable mobile phones, and more come with games too?
These games are specially designed for these devices.
- Game-as-a-Service or GaaS model
Game development companies are now offering video games under the GaaS model, or Game as a Service.
This means that they will constantly update it to become the best and stay best!
Doesn’t it get your gaming finger tingling?
Just not this, you can build a game app without coding, a game app for iPhone, a game app for Android, and even undergo a game app development for kids!
Types of Gaming Applications
Now let us understand the various gaming applications that are available to users right now, and they are;
- Adventure Games like Indiana Jones and the Great Circle
- Racing Games like Le Mans Ultimate
- Survival Horror games like The Last of Us: Part II
- Sandbox Games like Manor Lords
- Role-playing Games like Dragon’s Dogma II
- FPV or First person shooter Games like Call of Duty: Warzone Mobile
- Fighting Games like Tekken 8
- Action-adventure Games like Star Wars Outlaws
- Sports Games like EA Sports FC 25
- Stealth Games like HITMAN World of Assassination
- Strategy Games like Mars Tactics
- MMORPG Games like The World of Warcraft: The War Within
- Battle Royale Games like Off the Grid
Once you are done downloading these games, we can proceed further!
The Evolution of Gaming Industry in India: Past and Future
Remember the good old days of Pong, Space Invaders, Mario, Contra, Tekken, and more!
Well, the tech advancements have made it into a mainstream entertainment channel from a niche hobby.
The easy availability & accessibility of the internet helped a lot in bringing the gaming industry to the spotlight.
While smartphones and tablets made gaming a sport for all ages and demographics.
But the most crucial aspect of gaming is yet to come, i.e., AR & VR and AI & ML integration to make games smarter, richer, and an all inclusive digital world!
Cloud Gaming: The Future of Gaming
You must have heard about cloud computing, wherein all the heavy software and hardware requisites are met by the cloud provider while you just manage the latest technologies with simpler configurations!
Well, Cloud Gaming is set to do the same by bringing high-end gaming to a wider audience.
All the heavy lifting, i.e., software and hardware needed for the latest and future games, will be handled by the remote servers. No need for a powerful gaming rig anymore!
All a user would need: a screen and a reliable internet connection.
Microsoft xCloud and Google Stadia are leading players in cloud gaming, allowing game streaming from your device.
The benefits of Cloud Gaming
Here are the benefits of cloud gaming for your perusal:
- Expensive hardware is not needed.
- A wider range of games can be played!
- Play video games anytime and anywhere.
All it needs is a good internet connection.
High speed internet for Cloud Gaming: 5G and 6G
With internet providers raising the bar of their internet connections via 5G and upcoming 6G, the future of the gaming industry is secure, especially for cloud gaming.
Market Predictions for Cloud Gaming
The future of the gaming industry is solid and promising!
With the inclusion of the latest tech and trends in gaming, the stress of managing and owning the hardware & software capable of running these games will surmount on the game developers.
But with cloud gaming, all these problems can be solved, and the game developers & the users can focus on their beloved games!
Game Development Services: The Future of Gaming Industry in India
The gaming industry relies on game development services. Better the game development services, better will be the resultant games!
People need their games to keep evolving and lead the way to the future. Earlier movies used to bridge the gap between sci-fi and reality, but now, games have taken over.
These services include,
- Game Designing
- Game Coding or Programming
- Animation and Art
- Sound Design
- Testing (beta testers)
- Adaptation to transform the game into its best version possible.
Wildnet Technologies has developed more than 25+ games for mobile gamers via our game development service under the design and development division.
Unity and Unreal Gaming Engines: Game development tools of Tomorrow
Unity and Unreal are both quite popular tools when it comes to game development.
Used by both individuals and gaming studios, these tools also provide AI inclusion to allow the rendering of characters and surroundings effortlessly!
Unreal Engine
- It is known for creating photorealistic environments.
- It is used in many AAA games.
Unity Engine
- It is used for its ease of usage and flexibility.
- It is famous among independent game developers.
Use them as per your requirements!
The Surge of Mobile Gaming
Mobile gaming is rising with the release of smartphones with top notch GPUs and 5G internet!
Cloud gaming is helping pave the way for mobile gamers to enjoy the latest games without worrying about the hardware and software.
Plus, gone are the days when mobile gaming was dedicated to casual gamers, as now the games have really stepped up and are proving to be worthy career choices of the future.
The Future of Gaming Industry: Social and Ethical Considerations
The games are paving the way to an ethical and socially inclusive world!
Be it their characters or the ethically correct game narratives, game developers and the gamers are bringing the changes that are desperately needed in our current system.
But this can get blurred if the game developers focus only on profits and exploiting the human bias. Thus, it needs to be kept in check!
Role of AI & ML, Diversity and Inclusivity
The games have characters of various ethnicities and genders.
Even the main players of various popular video games like GTA have different characters from different origins.
While AI and ML are helping in rendering these games faster, leaving the precious time and energy of the game developers to bring in more creativity!
Conclusion: The Future of Gaming Industry
The future of the gaming industry is even more exhilarating than it is now!
All the technical advancements, user requirements, hardware & software requirements, and societal needs are being catered to by the ever evolving gaming industry.
Wildnet Technologies is a leading game developer company in India with its 17 years of experience in the development industry via our design and development division.
If you would like to know more,
> Keeping up with the latest Mobile App Development trends in 2024
> App Maintenance in 2024: Update of Phase Out!
> Wildnet’s Digital Yum (our thought leadership’s POV on latest tech and marketing trends)
Contact us now at info@wildnettechnologies.com and get the No. 1 game developed for you!
FAQs
FAQ 1. What are the key trends shaping the future of the gaming industry?
Ans: Smartphones, 5G & 6G internet, AR & VR, AI & ML, and Cloud gaming are shaping the future of the gaming industry.
FAQ 2. How will advancements in technology impact the gaming experience?
Ans: It is going to make the gaming experience for the users more and more refined and lifelike. Have you seen Ready Player One, the movie?
FAQ 3. What role will virtual reality (VR) and augmented reality (AR) play in the future of gaming?
Ans: AR can be easily used to mix up reality with treasure hunt games, like Pokemon Go, while VR will help in developing games like Ready Player One!
FAQ 4. How is the rise of mobile gaming influencing the industry’s future?
Ans: Well, the gaming industry focused on PC and console gaming by developing top notch games and additional services for them.
But with the rise of mobile gaming, the game developers had brought in mobile gaming into their focus as well.
And the way, mobile gamers are increasing; it is only going to exponentially boost the gaming industries’ future.
FAQ 5. What are the potential challenges the gaming industry might face in the coming years?
Ans: The gaming industry is crossing borders, be they social, political, cultural, and more.
They might face resistance from the hardline groups that do not wish to see the world unified!
