Ar& VR technology is expected to reach nearly $20 billion in revenue by 2021. These technologies bring games from the physically controlled world to a partially or fully virtually controlled and more immersive environment. VIRTUAL reality apps generally require a headset to play with, which can be heavy and uncomfortable for users. New wearables that are about to hit the market, such as gloves and wrist devices, allow game developers to create touch elements. Developers can increase player engagement, making the game world more realistic.
Gaming companies shouldn’t wait for regulators to develop effective governance and content moderation policies that allow users to feel physically and emotionally safe. By implementing effective measures around personal security and cybersecurity now, gaming companies will be in a better position video game designer average salary to shape the industry’s dialogue on these issues now and in the future. An internet connection allows players to communicate with others while playing from anywhere in the world, but games are still run locally from their devices. Over time, this can affect the performance of a player’s device.
Higher network speeds and reduced latency give game developers more freedom in producing games because they are not limited by the limitations of hardware platforms. For players, this offers several new and exciting opportunities for the game that don’t tie them to existing devices. In addition to powering cloud gaming, 5G will enable consumers to use virtual reality and augmented reality devices on the go, providing a much richer mobile experience. According to a recent EY report, the outlook for investment in 5G for next year remains strong.
New technologies, new controls and new experiences are expected. As more and more people play, create demand for immersive entertainment, and seek easier access to games, the future of the industry looks bright. Another interesting change in the industry is the increasing demographics of players.
There will be more prominent features with next-generation graphics. The gaming market is highly fragmented, as the demand for online games and the increasing penetration of mobile applications in the different regions meet an intense rivalry in the market. The main players in the market are Sony Corporation, Microsoft, Nintendo, etc. who are trying to keep innovating and the release of the next generation of game consoles creates significant competition between rivals. In fact, all kinds of companies can better predict future trends when they take advantage of new next-generation perspectives. As demonstrated in a recent EY study, Generation Z is changing social paradigms and creating new norms around activism, well-being and success. To that end, much of the creativity around the metaverse will come from young people, and Generation Z (i.e., those born between 1997 and 2012) is already deeply committed to the economics of gambling.