Digital entertainment, as we know it, is already undergoing a massive change. This has been driven majorly by technological integration and advancements, shifting preferences of consumers, and of course, the higher accessibility of digital platforms today. This promises to completely revolutionize the media and entertainment market in the coming years.
For example, how about the impact of Amazon Prime Video and Netflix, among others, who have used AI to completely change video streaming? Or 5G connectivity, which will completely transform live streaming and delivery of HD (high-definition) content with speeds that are 100 times quicker than 4G? These are only a few examples of the coming revolution.
Biggest Digital Entertainment Game-Changers
Some of the major game-changers in the digital entertainment space include the following:
- AR and VR- The focus will be more on creating new immersive worlds for gamers and users down the line. The VR and AR market is expected to cross $100 billion by 2026, enabling more fabulous gaming experiences that either take you into newer worlds or blend the real and virtual beautifully.
- Blockchain- This is expected to drive new-generation content monetization and management of rights. In the media and entertainment space, the market for blockchain should grow to around $15.29 billion by 2028.
- 5G- Quick expansion of 5G networks will naturally increase connectivity access and speed, along with enabling better streaming, HD content delivery, and network latency. The entire media and entertainment sector is expected to benefit hugely from 5G solutions to the tune of approximately $1.87 trillion by 2030.
- Online Gaming- Be it online rummy games or other social and casual games, these have taken the world by storm. There has been an exponential rise of digital platforms like A23 and many others which offer a steady mix of exciting digital gaming formats, competitive/multiplayer games, tournaments/contests, and recreational social/casual gaming experiences. Competitive and casual gaming has been able to reach bigger audiences through increasing platform accessibility, smartphone penetration, and high-speed internet connectivity. In fact, cloud-gaming, live-streaming of tournaments, eSports, blockchain, cross-platform compatibility, and dedicated social gaming platforms for connecting and playing with others are completely transforming the sector.
Digital Entertainment In For Exciting Times Ahead
These are some of the trends that are certainly making a huge splash in the global media and entertainment landscape. In fact, the Indian gaming industry is one example of the changes in digital entertainment today. It is expected to reach ₹269 billion by end-2024 with a major chunk of revenues coming from real-money and casual/social gaming platforms. In fact, with an estimated 100 million Indian citizens online each day for gaming, the sector is only set to expand further in the coming decade.
At the same time, there is a huge role played by technology in making online rummy games like A23 and other titles more immersive, enjoyable, and also secure, without fraud or foul-play involved. This has led to the development of a huge online gaming ecosystem where players can easily switch devices/platforms with smooth transitions, connect with fellow gamers, and enjoy real-time interactions and idea exchanges. Simultaneously, AI-based personalization is also enhancing user experiences greatly. All these factors testify to how online gaming is one of the pillars of future digital entertainment along with several other key trends.