Decades ago, people could hardly imagine how huge the gaming industry would become in the 2020s, but now we have what we have. Entertainment which used to be considered childish is considered to be one of the major industries where a handful of the latest technologies have been implemented. And when we think, “Well, what else can the gaming world surprise us with?” manufacturers come up with something even more revolutionary.
Traditionally, mobile games remain the most demanded and profitable sector of the industry. For now, it is estimated at more than 90 billion dollars, but it will grow further! Experts predict even greater growth, and some say that in a few years the turnover will be around 250 billion dollars. Well, let’s see if those predictions come true. But it’s hard to argue that the market is proliferating. Gamers are eagerly awaiting the innovations of 2023, so let’s see what promising trends can be seen today.
GameFi and Play-to-Earn trends
Play-to-Earn games were first released in 2017 but have become more and more in demand in 2021. This sector is quite competitive with traditional gambling solutions, and it is expected to grow further in 2023. These games blockchain allow players to create unique characters, upgrade them, and then sell them using whatever cryptocurrency the chosen platform is based on.
The idea of earning revenue from exciting games is not new: for example, users often play online video slots aiming to hit the jackpot, host live streams or participate in esports tournaments. The GameFi sector is much simpler: you just have to play, develop your character and get rewards.
This industry is extremely attractive for investors and the appearance of NFT tokens has increased its popularity significantly. The price of any item in games increases dramatically and can then be sold for a solid profit. Could we have imagined that selling weapons, artifacts, and land in games could help us earn hundreds of thousands of dollars? The rapid development of metaverses is also increasing the interest of users since the opportunity to own items in virtual reality seems fantastic for those who follow all the news and build their businesses in the digital world.
Cross-platform versions suitable for all players
Many gamers would like the best games to be available for all devices, as some prefer to play at home on their Xbox, while others like to play on the go using their smartphones. The trend is predicted to become the main one in 2023 as companies like Microsoft and miHoYo has stated its desire to approve newly released products for all platforms. By the way, the latter company has already introduced Genshin Impact, which will be fully compatible with PC, PlayStation and all iOS and Android devices. We are confident that this innovation will be a win-win situation for both developers and gamers.
Evolution of generative artificial intelligence
Do you remember those times when people were afraid that robots would replace us everywhere and eventually take over the world? They have already arrived! However, there are no disadvantages for mankind, only advantages. The notable evolution of AI over the past few years has affected the gaming industry, and many companies are actively using the technology for their own purposes.
Only a few companies have been able to befriend Generative AI, but it promises to become a megatrend in 2023. For example, Nvidia has already announced its use in its developments. Of course, technology alone cannot yet generate high-quality products, but nevertheless, it greatly simplifies and speeds up the creative process. We expect more developers to implement the technology so that avid gamers don’t have to wait long for the planned releases.