iGaming is one of the fastest developing markets in the world. It has a big share of the entertainment industry and an impressive 10.3% Compound Annual Growth Rate with an estimated 2021 value of $180 billion. The number of iGaming companies and developers is huge, so the competition is more than tense. All over the world these companies and developers are doing their best to improve user experience, offer cross-platform solutions, and introduce the latest technologies. In this article, we have collected the most popular and anticipated technology trends that will boost the iGaming market in 2021.
New Payment Methods
The modern market is flooded with numerous payment options: credit and debit cards, e-wallets, prepaid cards, and cryptocurrency. They are constantly evolving, so one of the most visible iGaming trends in 2021 is surely the quality and diversity of transactions. When trying to protect the identity and reduce fees, more and more users stop their search at cryptocurrencies and mobile payments.
You may be surprised to see that all $5 minimum deposit casinos listed at CasinoHex accept payment options that run smoothly not only on desktop but also on mobile. In 2021, there will be a ubiquitous adoption of Apple Pay, Google Pay, and Samsung Pay. From now on, players will be able to fund their hobbies with a single click on a smartphone without manual card number insertion and numerous verifications.
Some may say that the switch from 4G to 5G is not visible. However, this 2021 trend is extremely important for mobile gamers: the game latency will be reduced from 10 (4G) to 1 millisecond (5G). This will open huge opportunities for the market because the speed of games and communication will significantly improve. And the 5G implementation will boost another trend – mobile gaming. We are sure that in a matter of several years the majority of users will play on their devices.
Another trend that deserves your attention is streaming. With its help, you can watch how other users play video games and gamble, making the industry more friendly and cooperative. Streaming has made esports very popular and will continue conquering the market. More and more companies, including betting platforms, offer streaming from the major gaming and gambling events, so you can become their direct participant not depending on where you are.
Augmented and Virtual Realities
Even though AR and VR are no news, in 2021 these technologies are expected to change and evolve. Day by day developers work on ways to improve code, help machines educate themselves, and find a way to integrate AR and VR into the games more organically. Recently, Apple has announced the launch of ARKit 4. It is the latest version of the company’s open-source AR tool. Google doesn’t lag behind and users can enjoy its ARCore with Street View photos in public access.
Pokemon Go was only the first attempt to make two worlds meet and in 2021 we will surely witness more products with these amazing features.
Distributed Cloud Technologies
This year distributed cloud technologies will be extremely popular and are going to replace the centralized model where all services are provided from a single location. Distributed cloud systems can manage the load, shift information from one place to another, as well as divide data into private and public clouds.
This technology will significantly reduce latency and data loss. iGaming operators can also expect a better user experience. Distributed cloud technologies will help to allocate applications and files in the best places and monitor how they are processed. Players from restricted areas will also get an opportunity to join the market without any limitations.
Predictions for the Market
We are living in difficult times when everything’s changing. Credit cards are banned for gamblers, Internet speeds double, and more users start working remotely. They not only have extra time and opportunities to play but also crucially need socialization. That is why the leaders of gaming companies need to apply not one but a combination of several technologies in order to succeed. In order to succeed, they should change their concepts and ideas to create a brand-new market with better experiences and services.
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