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The recent developments in the gaming industry indicate that the gaming app market seems to hold a promising outlook in the years to come. Innovations such as artificial intelligence, robots, and chatbots, have gradually changed the gaming industry, and the popularity of gaming apps has also increased.
Most people have at least one gaming app on their phones; however, gamers have numerous gaming apps. How do we test the popularity of gaming apps? A simple hunt on the app store will show several gaming apps, proving the growing popularity of gaming apps.
Which gaming apps are most popular? What factors have increased the popularity of gaming apps? Read on to find out more.
Popular gaming apps
With the new changes in the gaming industry, gaming has been made relatively more accessible. Numerous gaming development studios have taken this opportunity to develop gaming apps to make gaming more exciting.
They have managed to create wonderful and successful games for all audiences. In that, there are games available for children, teenagers and even adults.
However, it is essential to note that there has been a growing demand for gambling apps. Gambling games are usually based on uncertainty and probability, making them more attractive than other games.
Here are some of the most popular gaming apps:
Online betting apps
Online betting apps have become popular over the years, especially for sporting activities. Many betting apps have been developed, especially targeting football enthusiasts.
A lot of football enthusiasts show their interest in and love for their clubs by actively betting on their favorite football teams and players. Furthermore, gaming apps have also made this process easier for every player.
Casino gaming apps
Casino gaming apps are pretty common. For a long time, gamers were reluctant to play online casino games due to security reasons. However, with the introduction of easier-to-use and secure digital currencies, players are more comfortable. They are willing to play online casino games.
Furthermore, the player does not need to go to a local casino like in the old days. The player only needs to download the app and play at the comfort of their home and experience the thrill as if they were in Las Vegas.
Horse Racing Apps
Times have changed; nowadays, people hardly flock in masses along race tracks betting on their favourite horses. Horse racing has become quite expensive; only the fortunate people can afford it. The introduction of horse racing apps has been a saviour for the dying market. Players interested in horse betting can now take part in their favourite games without spending much money.
Poker gaming apps
As you know, poker is one of the oldest games, yet, it is still very popular. This game is a time-intensive game, and the introduction of the poker gaming apps has been immensely helpful. Through mobile technology, the game has been made quite exciting and more accessible. Also, with the gaming app, players can now play at their own table.
Factors that have promoted the popularity of gaming apps
Grand View Research states that the gaming app market is growing exponentially. Currently, the market is at circa 54 billion USD, and by 2027, it is expected to have surged by 11%.
Here are some of the factors that promote the popularity of gaming apps.
Technological Advancements
The innovations brought about by advanced technology has greatly built the gaming app market in several ways. For example, blockchain technology has been effective in ensuring easier and secure monetary transactions.
We also have the Augmented and Virtual reality technology that has enabled excellent graphical capabilities, giving players real-lifelike experiences that grab their attention like never before.
Lenient Regulations
For a long time, gambling games were considered illegal. One could be arrested or fined for taking part in gambling activities. Although some countries have not yet legalized gambling, gambling has become more acceptable in some societies. For instance, several states in the U.S have already passed legislation legalizing certain gambling games.
Legalizing gambling games has greatly encouraged gamers to take part in the games more freely without being judged by society.
Accessibility to mobile phones
Mobile technology has been entirely instrumental in fueling the growth of gaming apps. With mobile technology, players can now download gaming apps quickly and play their favourite games at the comfort of their homes.
Easier and secure payment methods
Online gaming apps have become quite popular due to the introduction of digital money transactions, which is usually aided by virtual money in the form of bitcoins, credits and real money that you can transfer to and from your gaming app account.
Initially, gamers used to avoid online games because money transactions would easily make a player a target for fraud. Nowadays, most gaming apps have embraced blockchain technology and cryptocurrency. The introduction of bitcoins and blockchain technology has greatly fueled the growth of the gaming app industry in so many ways.
First, they ensure that the money transactions made by the players are safe and secure. They also allow the players to hide their identities while making their transactions.
Second, the digital security techniques work so that the player’s digital transactions are limited to a particular amount, hence eliminating money laundering schemes in online games.
Lastly, this technology allows players to make their transactions directly to each other without involving a third party like the government, the bank or any other person who is not a party to the transaction.
The new mode of payments has encouraged online gamers to feel safe and secure while depositing and withdrawing money. As a result, gaming apps have become quite popular.
Increased Consumer spending
Many people have now joined the gaming industry, as gamers, of course. Most of the customers in the gaming industry are people who are willing to spend their earnings on gaming activities. This has been a motivational factor in growing the popularity of various online games such as betting, casino games, and poker.
Many gamers are now comfortable taking part in risky games where they put their money at stake and do not worry about losing it in just one game. This has promoted the gaming app industry in that people are now comfortable staking any amount of money, provided they feel entertained.
Conclusion
With the increase of gamers worldwide, there has been a tremendous demand for gaming apps. Game development companies are now taking this opportunity to invest and develop numerous gaming apps to meet this demand. At this rate, the gaming app market is therefore expected to grow quite rapidly.
