The gaming industry has experienced unprecedented growth in the 21st century. With rapid advancements in technology, it is reaching new heights every day. A large part of its success could be attributed to its ability to turn obstacles into opportunities.
Evolution of games
The gaming industry is the fastest growing industry in the world today. The roots of video gaming can be traced back to the 1940s when Dr. Edward Uhler created a game for the World Fair in New York. This game was based on Nim, a mathematical game. However, video games only got their global popularity after companies like Atari and Sega came out with video games in the 1970s.
Since then, many iconic games have come out in the form of Super Mario, Resident Evil, and Sonic the Hedgehog. In the present day, a large fraction of the gaming activity is occupied by online casinos, which were first introduced in 1996. There are thousands of high-quality games available on online casino sites, including slot and table games.
Recently, console and small-browser games like Candy Crush Saga, Farmville, and Angry Birds have also become immensely popular. Online multiplayer role-playing games (MMORPG) like League of Legends, World of Witchcraft, and Counter-Strike have also become a favorite of the gamers.
Let’s now look at some of the challenges that the gaming industry faced and how it overcame them to reach where it is now.
Challenges faced by the gaming industry and how it overcame them
The gaming industry is growing at a rapid speed. Around 18 percent of gamers in the United States spend more than 6 hours a week playing video games. The ever-evolving gaming industry has overcome many hurdles in the past. Let us take a look at some of them –
1. Challenges related to technological improvements
Although the gaming industry had come a long way from arcade games, there was a need for new innovations, better graphics, and a dynamic game range. While the 2000s were ruled by Xbox, Wii, and mobile games like Angry Birds and Farmville, the rising smartphone users wanted better mobile games. The gaming industry adapted itself to cater to these demands. From 2010 onwards, there have been rapid advancements with mobiles games like Pokémon Go and Minecraft Bedrock. Pokémon Go became a worldwide phenomenon and laid the foundation for augmented reality (AR) in video games. Since then, many innovative gaming consoles, VR games, and other high-tech games have flooded the market.
2. Challenges related to the registration process
The registration process in many gaming websites was complicated, which deterred many gamers from creating an account in the first place. Users wanted to play their favorite games without interruptions. Hence, the gaming industry worked towards providing a seamless gaming experience. The registration process has become simpler, and there are lesser distractions and redirections in games now while authenticating consumers.
3. Challenges related to payment and transactions
Slow payment systems, confusing payment processes, and payment failures in many games posed a huge challenge to the gaming industry. According to a report published by Newzoo, around 35% of gamers in the United Kingdom reported that their experience in paying online had been negative. To solve this problem, the gaming industry came out with advanced features for gaming credit cards. This included one-click payments, faster deposits, and withdrawals, and other such features.
There is no doubt that the gaming industry will continue to flourish. The nature of gaming is such that it will continue to adapt and overcome any hurdles, turning the obstacles into opportunities.