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In 2023, we will see more Metaverse and cloud gaming providers entering the market. Combining these technologies gaming will virtually enhance Social Interaction and Financial Opportunities through a 3D virtual realm.
As the gaming industry continues to undergo rapid development, Cloud and VR/AR technology innovation will create more real-world games and enhance the lifelike gaming experience. Combining Metaverse and Gaming will virtually enhance Social Interaction and Financial Opportunities through a 3D virtual realm.
Blockchain has the power to overturn the way online games are played. It can give the gaming communities the capability to monetize gaming. Tokenizing the in-game items and selling them for cryptocurrency will open new gates for the Metaverse.
The world is moving towards Web 3.0 and soon the generation will expect to move towards decentralization. And this can be a major step towards it.
Future Tech/Trends in Gaming
Metaverse gaming: For the majority of people, gaming will be their first introduction to the metaverse concept and probably the one with the greatest interaction.
AI tools will enhance the inclusivity of the gaming metaverses and allow for greater inclusion and creativity. Children, not even in primary school, are able to create skins and share them with others. This will create a generation that has a completely different context for the Metaverse and it will be exciting to see how the metaverse gaming landscape will evolve as this cohort matures.
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Cloud Gaming: Since Google Stadia is sunsetting in early 2023, cloud gaming would appear to be on the downslope once again. But as ultra-fast networks like 5G continue to proliferate across the world, the allure of device-independent access to any game or virtual world remains appealing, especially when supply-chain constraints continue to prevent consumers from gaining access to dedicated gaming hardware.
With new players like Netflix and Logitech each expanding into the cloud gaming sector, and Epic Games’ heavy investment into Pixel Streaming, we expect that 2023 will see many more cloud gaming offerings rise to take a turn at becoming king of the cloud.
AI-assisted game development: Games are complex forms of entertainment that rely on a wide variety of costly asset types. By leveraging ML models and trained AI to create more of these assets, smaller teams can accomplish more with much less. And, with the number of published ML and AI white papers on the rise, AI-assisted game development is poised to become a rising trend in 2023 that will give indie studios the tools to compete against established developers in the content economy.
Online gaming still strong in the face of a recession: 2023 may see a slowdown in gaming growth, but it will remain an upward trend. Game sales have been historically resilient during economic downturns. Why? Staying home to battle or race against friends is quite a bit cheaper than a night out on the town. Granted, nearly half of the gaming industry’s growth is driven by mobile gaming, which is fast becoming a saturated market in many corners of the world. For this reason, we imagine that the big winners of 2023 will be game developers that emphasize quality of content.
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