The video game industry is now the same when it first started. Looking at it side by side, the stark different might be shocking for those who have never seen an old video game. Back then, people never thought the day would come when they can buy games for cheap and even play many of them for free. These things are proof of change and that change is everywhere even in video games.
As the value of the production of a video game increases, many mergers are also happening behind the scenes. The process of creating a video game is getting complicated with every development in technology. Developers now have a lot of costs to cover just to create a game that will be compatible with the major consoles used by consumers. One might be surprised to know that hundreds of millions are spend in developing just a single game. It actually rivals the cost of producing a movie in Hollywood.
Virtual reality is finally here this is why a subsidiary of Facebook known as Oculus VR is spending a lot of its funds in improving the technology to be incorporated in the latest video games to be released in the market. Players are already immersed as they are without the touch of VR but now that virtual reality is finally here then it will increase player engagement even more. Aside from virtual technology, game developers are also adding more features such as voice recognition, gesture recognition and touch screen capabilities.
Companies developing video games spent millions in creating a single game. Therefore, it is understandable that they might want to rake in more than what they originally invested in. This means that there is a whole load of merchandising with game characters printed on mugs, shorts or hats.
The demographics of those who are playing video games are expanding. Everyone now has access to buy games for cheap and the gender mix is almost the same. There are players who started young while there are older generations who are also getting sucked into the entertainment. Not to mention the fact that professional video gaming is now considered a sports in many countries and many are earning through this career.