Impact of Technology on the Gaming Industry
, As we watched several economies globally shut down in 2020 as a direct result of the COVID-19 pandemic, one of the only sectors that experienced growth was the online gaming industry. Let’s look at the biggest gaming industry trends and how these trends change the world of gamers? There will be 3.1 billion gamers around the world in 2020. By 2024, it is estimated that there will be an additional 500 million. Revenues in 2021 might exceed $175 billion—more than the combined revenue of film, music, and books. It's a unique strength of the games industry because of how its creators use new technology to make their games better. Advances in pricing and emerging markets, as well as backend computing and delivery, predict that it will continue to grow in the future, with artificial intelligence and planet-scale networks. Impact of Technology on the Gaming Industry The gaming industry has been impacted by technological advancements in a variety of ways, including: Game availability Gam