Over the past couple of decades, the gaming industry, and especially since the introduction of the internet to the market, has quickly become one of the fastest-growing industries on the market, and this dominance in the entertainment industry is only due to a rise in the coming years. Although, why the gaming industry has become so popular is down to many factors, some of which we will investigate below.
One of the main reasons why gaming has become so popular in recent times is due to the technological advancements that it has shown in recent years. The gaming industry is one of the industry leaders when it comes to taking advantage of the latest technologies and therefore the quality of games as game developers take advantage of these is soaring every year. This comes in various formats, including high-quality 8K gaming graphics, the move towards virtual and augmented reality gaming, and many more technological changes that have catapulted the gaming industry.
Another industry similar to gaming that has been able to benefit due to similar reasons to that of the gaming market is that of the online casino market, with a list of sites not blocked by gamstop found here.
Furthermore, and another reason why the gaming industry has become so popular is due to the rise of mobile gaming. In fact, the rise of mobile gaming has become that impressive that mobile gaming is now worth over 50% of the industry and is starting to monopolize the industry. This is mainly down to the fact that we all have access to the smartphone market so more and more of us are now using mobile gaming as our sole form of gaming and due to how cheap it is for game developers to make mobile games, it becomes so much more accessible for all of us to get involved in the gaming industry throughout smartphones.
And finally, eSports is growing in popularity which is the idea of gamers playing games professionally and players like ourselves watching our favourite teams play and placing bets on who we believe is going to win. Not only has this given extra eyes on the gaming market, but it has also enticed in a new market, and specifically celebrities who are shedding a new spotlight on the market, which further pushes the narrative that gaming is one of the biggest industries on the planet right now.