When it comes to games, you may probably think about role playing games, VR games, blockchain games, or even wearable games. As these kinds of games are quite popular in the game market in recent years, they have built their own place in the heart of all gamers. Thus, there is a question in 2023, and in the next year 2024, which games would be at the top of the list? We haven’t known the answer yet, however, it’s not hard to predict. Now, follow our steps to find out the most profitable games to develop this year!
Blockchain-Based Gaming
Blockchain is famous for robust data encryption technology, and it is not only making an impact in the e-commerce industry but has also become a promising sector in gaming with a plethora of opportunities. Blockchain technology is helping businesses by providing a secure environment for their blockchain applications and preventing hackers from accessing or conducting unwanted transactions. The integration of blockchain technology with crypto has laid the foundation for a new niche of games like pay-to-win, play-to-win, and NFT-based games.
According to the MarketsandMarkets report, the global Blockchain Gaming Market size is projected to grow from USD 4.6 billion in 2022 to USD 65.7 billion by 2027 at a CAGR of 70.3%. Players will spend $168 billion on in-game purchases, and Blockchain development makes in-app purchases in games safe and secure.
eSports Gaming Industry
eSports are not a new trend. It has been a popular trend for years in the mobile gaming industry. You can consider it a competitive game for professional gamers and game enthusiasts. Many people in the world follow and watch these games by watching them directly on the TV or at various live events or by browsing web resources. Live streaming services help users to watch and play their favorite games in real-time.
Money and popularity are rising in the industry. As per Statista, in 2022, the global eSports market was valued at just over US$1.38 billion. Furthermore, the global market revenue of the esports industry is predicted to grow to US$1.87 billion by 2025.
Cloud-Based Gaming
Mobile cloud games help us learn the best ways to live. Also, subscription models influence and motivate a developer more. After all, they can quickly connect some payment methods with the strengths of the players. Therefore, if users want to develop some strength, such as involving a player or players with weapons such as Fortnight, PUBG, etc., players can act smart and fast. Undoubtedly, developers win handily when their users or customers turn on their PCs, mobile devices, laptops, etc., to browse remote servers and play cloud games without hardware assistance.
Crypto Gaming
When we hear the word crypto, the first thing that comes to mind is cryptocurrency. Cryptocurrency has gained a lot of popularity in recent years as it is a highly secure and traceable currency. The popularity of cryptocurrencies has also led companies to invest in crypto games.
Previously, there were centralized games where characters, skins, weapons, and all other codes could not be used for any other game. However, in crypto games, everyone associated with the game can own a share, which means that users can transfer their rewards and purchases to other games. In-game assets that players can sell for real-world money. This trade in digital assets is increasing the demand for crypto gaming around the world.
The Metaverse is Booming
The Metaverse has become one of the latest trends; however, it is still unclear what the mobile gaming industry will look like. This year, mobile gaming will be attached to the Metaverse, creating a more robust gaming experience. For example, Fortnite concerts. Different brands like Roblox and Nikeland will also build their game worlds. The startups also plan to support the Metaverse infrastructure by offering their users the resources to create the Metaverse, such as building realistic avatars.
In short, the Metaverse will be the most accessible in 2023 and the best space to look at. As per globalmarketestimates.com, the global Metaverse in the gaming market is projected to grow from USD 36.81 billion in 2022 to USD 710.21 billion at a CAGR value of 38.2% from 2022 to 2027.
Wearable Technology in Game Development
For ordinary people, wearable refers to devices such as smart rings, smart watches, bracelets, and other wearables that can track body data and provide reports accessible on smartphones and other devices. As per a unity 3D game development company, these wearable devices have high-quality sensors that can even monitor your sleep rhythm. However, these devices are not only limited to the health and fitness industry but also play an important role in gaming.
Portable technology has prepared useful games without being too persistent. It allows players to immerse themselves in their favorite games and get up and walk around the game map. This technology can create a fully immersive experience by creating a halo deck experience using VR and AR. It is a very lucrative market driven by a wide range of games, technological advances, and innovations in portable gaming devices. Portable gaming technology helps users to increase their physical activity by bringing gamers into the virtual world by moving their bodies in the real world.
Hyper-Casual Will Lead Game Development
According to BusinessWire, the global online gaming market will develop at a CAGR of 11.9% by 2026. Therefore, this market forecast and assessment will lead to the extreme development of the hyper-casual gaming sector by 2026.
Some famous examples like Monster Strike, Candy Crush, and Coin Master can easily become a tough competition for games played on PC or consoles. Therefore, these easy-to-play games do not need any particular skill; therefore, you can expect them to become more popular in 2023.
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