Everyday, VR technology becomes more of a household name. Despite the fact that its products now have no more than 1% of the total game development outsourcing market, we see new, higher usability devices hitting the market. If you want an example, look at Razer and FOVE. Moreover, there is nothing to prevent ‘established’ names like Oculus Rift and HTC Vive 2 from offering new generation augmented reality & virtual reality technology soon. This, in turn, inevitably cuts costs, provides higher usability, and excites minds with outstanding immersive experiences. That means, more prospects are open to VR gaming and gambling, and someone needs to fill this industry gap asap.
Game outsourcing prospects are more or less clear: virtual reality products already exist and evolve despite current hefty costs and device imperfections. As for the gambling industry, according to Doug Dyer, Innovecs VP of Gaming, “This tech [VR] will become handy and comfortable to be used for virtual casino travel or to play slots.” Recent trends show the goal of virtual reality & augmented reality is to run applications on high usability devices with prices comparable to the smartphone’s cost. In this case, these companies are predicted to dominate an industry that is already working on their virtual reality products and developments.
Want to know more? Immerse in VR development while reading this paper.
According to Statista, by 2020 the global revenue of the online gambling market will reach $59.79 billion, which is a 13% increase compared to 2017. Ace Casino explains that such industry growth is led by: huge advancements in technology, lower transaction and operating costs than traditional gambling institutions, access to a much wider audience, more […]
The gaming culture is developing so rapidly that studies state the industry is going to hit the recording US$300 billion in the next 5 years. The number of players around the world has reached 2.5 billion, meaning that every third person on Earth plays some kind of game. The gaming sector attracts more and more […]