Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Industry News

| More

Tech Trends that will Rule the Gaming Industry in 2021

Posted On: 2021-04-23 06:28:24 (Time Zone: UTC)

Gaming has been a predominant trend in the West, but with the rise of its popularity amongst the youth, the gaming fever caught on in India as well. Further, gaming has emerged as a business sector that is proving to be immensely lucrative. The e-gaming industry is fast-paced and extremely diverse. Avid gamers constantly crave high-quality gaming experience as they aren't satisfied with the existing technologies. To retain good players and encourage others to take it up, software developers and game creators need to keep re-inventing and executing new technologies.

As the world was gripped by the Covid-19 outbreak, people ended up being cooped up at home with a lot of time to kill. As a result, millennials resorted to playing online games, bringing the gaming world to life while the physical sporting world remained uneventful. The incredible growth of online gaming is giving rise to certain tech trends which will be ruling the roost in 2021.

Reports project that the gaming industry is poised to grow at a CAGR of 40% by 2022, scaling the total market size to US$2.8 billion. This growth will majorly be driven by mobile gaming as nearly 85% of online gaming takes place on smartphones in India. The research encapsulates the role played by edge computing market, adoption of AI and IoT, rise of AR/VR technologies and growth of mobility and other application services.

Sharing his views on the current scenario in the gaming industry, Mr. Varun Mahna, Founder & CEO, Dangal Games, a leading online gaming app, said, "The gaming world has pushed its limits to another level with each passing day. It is as easy as it sounds. In a fraction of minutes, new opportunities are created, and milestones are achieved to meet the expectations of players with the use o cutting-edge technologies. The technology trends that are going to last this year and the coming years are online transactions and payments becoming super easy, online gaming is enabling the players to enjoy games with the HD graphic experience, the latest advancements like facial and voice recognition that can adapt to the emotions of the player and the emergence of cloud gaming."

The roll-out of 5G will prove to be a revolutionary advancement for the gaming industry. It will mean faster download speeds, improved streaming capabilities, and immersive real-time gaming experiences. Without having to install any new infrastructure, online gaming with the help of 5G will enable gamers to bolster their experience. 5G network will also nurture virtualization and foster network slices, with every slice designated for a particular purpose.

The onset of 5G will also provide the necessary boost for making mobile gaming accessible to one and all. Also, Gaming-as-Services (GaaS) model will be another rising trend that is touted to have the potential to completely transform the gaming industry. This service will enable gamers to play online games without any drop in the overall quality of the games irrespective of the device on which it is being played.

Another Indian esports start-up platform, The Esports Club has been built with the sole aim of powering esports experiences while helping grassroots community development in India and other South Asian Countries. Ishaan Arya, Co-Founder, The Esports Club, says, "The emerging trends in esports and gaming reflect precisely what audiences want in terms of participation opportunities and the kind of content they want more of. Gaming in India continues to be driven largely by mobile gaming of course; However, smartphones and easy connectivity have also driven up gaming content consumption reflected in online engagement and significant growth in esports viewership. We are also starting to see an increase in the crossover between non-gaming personalities like comedians, athletes, actors, etc and esports; with media and personalities introducing newer audiences to the exciting world of competitive video games."

Adding to the views, Yash Pariani, CEO and Founder, Indian Gaming League, India's most popular competitive gaming and eSports league that hosts gaming tournaments online, says, "Of the several recreational options, those that required physical presence or involved larger gatherings became inoperational due to the pandemic. Therefore, options such as live concerts, movie theatres and watching sports live in stadiums - all got excluded from the set of possible choices. And the options that could be consumed within the confines of our homes did not allow the creation of fresh content. This is where gaming could provide a constructive outlet to people and supported creation and consumption in the 'new normal', thus gaining traction compared to other entertainment options."

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Pune attracted institutional investments of ~INR 9,600 crore during 2015-20; 77% accounted for offshore investors: JLL

NCML Announces Corporate Name Change to National Commodities Management Services Limited

Bharti AXA Life Insurance appoints Rahul Bhuskute as Chief Investment Officer

SVC Bank clocks record Profit of INR 150.21 Crore in FY 2020-21

64% of outdated Grade A office space in India presents an estimated INR 5,500 crores of untapped investment value: JLL

Compact office demand increasing in post-COVID scenario

Indian data center sector to require $3.7 billion of investment by 2023 to meet demand: JLL

Aluminium Industry reiterates urgency for 5% RoDTEP rate for economic sustainability

Cold chain logistics expected to grow by over 20% CAGR by 2025: JLL

Emerging trends in the consumer durables industry in the 'new normal' - Parag Kulkarni, MD, A. O. Smith India

Five Years of RERA have been transformational for the Realty Industry

Fino Payments Bank goes live with enhanced deposit limit of ₹2 lakh

Ageas Federal Life Insurance launches Saral Pension

Manipal Hosptials completes the acquisition of 100% stake in Columbia Asia Hospitals in India

Leading EV manufacturer Komaki Creates New Battery Technology that boasts of a blistering 220+ km range

Government of Odisha approves 9 new industrial projects worth INR 2570.54 Crore at the 100th SLSWCA meet

SIAM hosts 12th Lecture Series on Hybrid and Electric Vehicles in India: Development, Testing & Homologation

Top 5 Startups Fueling Innovative Financial Inclusion Solutions in India

LIC's Branding Rights of Andheri Metro Station, campaign executed by Times OOH

Bharat Biotech to expand COVAXIN® capacity to support vaccination campaigns in India and Worldwide

Lowering age to 18 yrs for vaccination, decisive step to restore confidence, says ASSOCHAM

Home Credit Partners with SEWA Bharat to restore livelihoods of nano entrepreneurs

Ascendas India Trust secures maiden S$100 million sustainability-linked loan from UOB

Noida International Airport begins the pre-qualification process for airport development and construction tender

Fractional ownership providing boost to Commercial Real Estate

Bharti AXA Life Insurance establishes bancassurance partnership with Fincare Small Finance Bank

NCR witness 111% jump in new launches

Pitstop raises USD 3.5 million in pre-series B funding led by Ventureast

CPAI urges Maharashtra govt to classify stock broking under essential services amid new COVID-19 curbs

BYJU'S to acquire Aakash Educational Services Limited through a strategic merger

Shriram Life Insurance introduces settlement of claims within 12 hours

Ascendas India Trust to invest in a forward purchase acquisition of 1.65 million square feet of an IT Park at Hebbal, Bangalore

JICA signs loan agreement for JPY 10 billion with TCCL for Climate Change Management Project in India

Arcil appoints Mr. Pallav Mohapatra as Chief Executive Officer & Managing Director

Home Credit strengthens its Insurance Portfolio

Yamuna International Airport's proposed term loans rated at 'Provisional IND A-'/Stable by India Ratings

MoU Signing for the Integrated Steel Complex by ArcelorMittal Nippon Steel India at Kendrapara held

SVC Bank bags 'Best Co-op Bank in India 2020' Award at World Leadership Awards

To cash in on retail rush, brokerages shower freebies on investors

SIDBI and NSE joins hands for co-operation in various MSME related initiatives

Honda posts robust 31% growth with 4 lac+ domestic sales in Feb'21

Hyundai Motor India registers cumulative sales of 61,800 Units in Feb'21

SIDBI joins hands with Government of Andhra Pradesh for the Development of MSME ecosystem in the State

Bauxite Average Sale Price (ASP) needs correction for Indian Aluminium to be competitive

Fino Payments Bank is now a scheduled bank

UST Acquires ServiceNow Business from abhra, Inc.

First batch of Sputnik V vaccine delivered to Mexico

Fino Payments Bank to on board 10000 women from SHGs as banking agents in Uttar Pradesh

Liberty General Insurance Rolls Out AI-based Automated Car Inspections

Ageas Federal Life Insurance launches its Life Advantage Plus Plan

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020