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What Will the Gaming Industry Look Like In 2020?

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The gaming industry is growing at an astonishing rate. Video games are expected to generate $164.4 billion in revenue by the end of 2020.

The mobile games platform has acquired almost 50% of the global games market and it is followed by console gaming. Today, we’ll take a look at the next big things in the world of gaming.

Holograms

The holographic technology has matured rapidly in the past few years. Holography is based on the principle of interference. A hologram is a photographic recording of a light field and it captures the interference pattern between two or more beams of coherent laser light. It is used to display a 3D image of the holographic subject. Holograms can be seen without the aid of special glasses. Holographic projectors use holograms instead of graphics images to produce pictures.

Holograms in Gaming Industry
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Consoles confine players to places where the TV set is available. Holograms offer a lifelike experience and with the use of 3D glasses, holograms could provide an enhanced gaming experience.

Virtual reality

Virtual Reality (VR) gaming offers a three-dimensional gaming environment and provides players with the ability to interact with that environment. VR has already won a significant market size in the past few years and is still showing a fast growth rate.

There are over 230 VR development companies around the world, producing both hardware and software in the gaming industry. Experts predict that the total revenue of VR gaming market will exceed $45 billion by 2025.

Virtual Reality - Gaming Industry
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VR casinos offering games like blackjack and roulette are also becoming more widespread and accepted by players all around the world. Hardware production leaders like Oculus, HTC and Sony are trying to develop more affordable and mobile VR headsets. Microsoft and Nintendo are predicted to decrease the price of VR game products in the coming years. New innovative technologies of the VR headset which provide the freedom of movement will define the growth of VR content in the future.

Augmented Reality

With the huge success of Pokémon GO, players want games that offer a more immersive gaming experience. The mobile gaming platform will continue driving AR forward in the coming years.

Augmented reality games are expected to become mainstream in the gaming industry by 2023. Experts predict that there are two options for AR’s expansion as a leader in the gaming industry. In the first approach, gamers will need to pair their mobile headsets with a VR headset. The second is the standalone approach which is more expensive but convenient for the gamer.

Augmented Reality in Gaming Industry
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Areas of AR that need improvement are brightness, FOV, battery life and 3D sensing capabilities. With the improvement in these areas, we will definitely see a more immersive gaming experience that meets the expectations of players.

Handheld gaming

The Nintendo Switch has transformed the way we play games and the gaming industry. It is playable in the handheld form and you can also plug it into a dock to get bigger visuals. It is also possible that Sony could launch a product similar to that of Nintendo Switch in order to join the resurgence of handheld devices.

Watch this space for updates in the Gaming category on Running Wolf’s Rant.

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