In the past few years, the gaming industry has played a crucial role in bringing people together and creating a sense of connection during times of physical distance and isolation. When the pandemic made outside entertainment unavailable, the gaming industry rose to meet the huge demand.
This post will delve into the top 10 existing gaming trends and offer insights into what we can expect in the world of gaming in 2023 and beyond. So, without further ado, let’s jump right in!
To begin with, an increasing number of gamers are discovering Play-to-Earn possibilities, which has led to the expansion of this trend to more companies in the industry. Various development teams are exploring blockchain as a Play-to-Earn option, offering paid sponsorships and other opportunities. While many uncertainties remain, experts concur that the number of Play-to-Earn opportunities is on a steady rise.
To put it differently, Play-to-Earn refers to the concept of earning actual money by playing games. A prime example of this business model is the online casino industry, where players can win real money by placing bets on their preferred games.
For instance, there are hundreds of online slots from operators like Bodog out there, providing players with numerous opportunities to earn extra cash. Additionally, high-rollers can try their luck at the casino’s Hot Drop Jackpots for a chance to win big while playing.
Among the potential gaming trends of 2023, cross-platform video games stand out as a significant development. Although PlayStation, Xbox, and Nintendo still maintain some system exclusivity, the advent of online multiplayer has paved the way for more cross-platform releases.
Thanks to advancing technology, lower costs, and multiple systems, cross-platform options are now a reality in gambling. In the past, high costs and limited tech prevented titles from being played across platforms. However, suppliers have found ways to experiment with game code and improve performance across all release systems, offering promising options for the future.
Crypto and NFT Rewards
No gaming trend article would be complete without exploring the potential for a business model that enables players to earn cryptocurrency and NFT rewards while playing games. To clarify, punters may accumulate in-game assets that increase in value over time.
Ultimately, the game developers determine how they want to monetize their product. Pay-to-Earn titles, which allow players to buy NFTs for use in competitive gaming, are another popular trend. As we discussed in one of our previous posts, tokens have already begun revolutionizing the music industry, so it’s not difficult to imagine their impact on gaming.
Rise of Sponsored Content
Another rising trend in gaming is sponsored content. Streamers and content creators now have the opportunity to play games and get paid by the developers or publishers simply for producing content about the game. Unlike traditional sponsorships, which often involve working with an agent or emailing publishers to secure deals, digital platforms have simplified the process of receiving direct commissions based on content production.
Earning money by playing games is no longer a dream, thanks to the rise of eSports. Today, the world is witnessing competitive cyber sports fixtures that are helping individual gamers and companies alike to grow and earn revenue.
Much like traditional sports competitions in games like football, basketball, and cricket, it features a huge revenue across a wide range of video games. As a result, the eSports industry is attracting more attention from gamers and investors, with significant growth expected in the coming years.
The hype surrounding the debut of video titles in the metaverse is undeniable, as many game studios are already making their initial forays into this exciting new frontier. The application of metaverse technology in various sectors is expanding rapidly, and the video game industry is no exception.
Metaverse gaming is set to become one of the most significant gaming trends in the near future, and market predictions suggest that this trend will continue for many years to come.
Decentralization of Distribution Services
The number of games available on Steam is increasing, leading to a growing number of titles that go unplayed or unnoticed. It’s a known fact that many good games, even those that are highly praised, are lost among the vast selection.
As a result, smaller, more specialized distribution services for purchasing PC games are becoming more important. Several popular examples include
- Humble Store
- Green Man Gaming
- Epic Games Store
All these stores are already popular in the gaming community, offering flexible pricing models. It’s likely that we’ll see more specialized distributors following Steam’s model in the future.
Unity Gaming Services
These services have gained a huge following due to its user-friendly options and efficient development capabilities, especially in the MOBA genre. The market for Unity 3D game development currently offers excellent cross-platform support, scripting and animation tools, and an intuitive interface.
As the gaming industry is expected to reach over $400 billion by 2030, it is crucial for developers to understand their customers’ preferences and develop games accordingly.
Cloud Video Games
Cloud gaming has emerged as a significant factor driving the transformation of the iGaming industry. Without any doubt this tech, which provides “gaming as a service,” has removed the necessity for players to invest in expensive hardware to enjoy their preferred games. Instead, gamers can access video games on remote servers, where all the heavy processing and computing is handled remotely.
Augmented & Virtual Reality
Finally, the trend of AR and VR gaming is making waves in the industry. It offers players a uniquely immersive first-person gaming experience, with few alternatives. The popularity of such gaming took off overnight with the advent of Pokemon Go, and the integration of AR and VR solutions into mobile and wearable devices is driving continued growth.
VR devices such as headsets and hand controllers enable players to experience interactive gameplay, while AR overlays digital objects and sounds onto the real world, creating a more engaging and accessible format. With the increasing number of smartphones, game devs are using AR as a medium for storytelling, further driving the trend’s growth.