Top Trending Game Development Statistics in 2024 | Have a Closer Look
The quality of gaming is massively evolving with the emergence of next-gen technologies like Blockchain, NFT, AR/VR, IoT, AI, and much more.
This is empowering startups, Fortune 500 companies, and other enterprises to increase their audience and market reach with the deployment of leading-edge game development services.
As of now, the global market value of the gaming industry is over $300 billion.
So, to achieve success and growth in this creative segment, you must be aware of the current trends that are reshaping the industry. This post is going to serve you with the:
Latest Reports on the Upcoming Trends in Game Development (Source: Unity)
1. More Focus on Mobile-Friendly Games
From 2022 onwards, every game development company is concentrating on crafting engaging games targeting mobile devices of all screen sizes. Currently, the industry is witnessing a substantial rise in mobile game development by 44%.
According to Jatin Mittal, from Tap Nation-“There are a few reasons studios are focusing on mobile. It’s quick to make, the potential audience is larger due to accessibility, and there’s less cost involved in making the prototype.”
2. Rise in the Production of Multiplatform Games
The appeal of multi-platform games is constantly growing as it grants players the convenience to derive gaming pleasure from devices of their choice. Besides, it also allows a game development company to attract a vast user segment within a very short time.
The trend to bring out multiplatform games has already witnessed a 16 percent rise during 2022 compared to 2021. At the moment, the desktop is the top choice for 76% of large gaming studios.
Whereas 90% of mid-size studios usually prefer to create multiplatform games targeting mobile and web browsers. While the majority of small gaming studios are developing online games targeting a single platform only.
3. Enhancing the Lifespan of Video Games
Since 2022, every game development company has concentrated on increasing the lifespan of a gaming application by 33% with the deployment of new updates and stunning features. This helps to engage gamers for long hours and eventually results in surplus revenue generation.
Presently 84% of game studios are introducing measures like adding new content, attractive rewards, more challenges at every level, etc. to increase the lifespan of a game beyond 6 months by keeping players engaged till the end.
4. Game Genres Using In-App Advertisement and Purchase Models
Both in-app advertisements and in-app purchases are popular monetization options for a game development company. At the moment, the utilization of these profitable revenue models is gaining visibility in game genres like Word, Simulation, and Sports.
Word games are witnessing the biggest revenue growth of 48.7 percent from in-app advertisements. Whereas, simulation games have witnessed a massive revenue hike of 11.78 percent from in-app purchases. Sports games have achieved a surplus revenue growth of 15.14 percent from in-app purchases and 41 percent from in-app advertisements.
5. Enterprises Taking Less Time to Deliver a Game
Previously game studios had to postpone the scheduled delivery deadlines due to multiple reasons when working on gaming projects. These days, these establishments are significantly taking very less time to develop and deliver a game project.
According to the latest research, 62 percent of game studios are taking very little time to create and submit a game.
Besides, the arrival of Unity Devop tools with premade game assets is streamlining the workflow of developers due to which they are devoting 1.2% hours to finish a gaming project. This is also enhancing the quality of their game development services.
How Should You Choose A Reliable Gaming Company?
Game development is a creative task where you have to observe essential steps to achieve the desired outcome. Hence, it will be wise to share your requirements with a leading gaming studio to transform your vision flawlessly. However, finding a reliable game company is a very time-consuming effort. Hence, to save you time and effort, just follow these tips:
a. Industry Duration
When communicating with a game company, you must first verify how long it has been operating in the market. It is often better to hire a game company that has been serving the industry for over a decade.
b. Work Models
You also have to find out which work methodology the game company observes to execute its game development projects with quality and perfection without pushing back the deadline.
c. Technical Excellence
You should thoroughly evaluate the technical expertise and game development skills of the agency that you are planning to contact. The best way to obtain an idea of the skillsets is by browsing the portfolio sections and reading case studies.
d. Client Reviews
Before you engage with a company, you also have to read the reviews and testimonials that are posted by its clients on various digital media platforms. It will also enable you to hire game developers from a reputed agency.
Final Thought
The industry of game development is serving enterprises with surplus opportunities to achieve growth and progress. However, to succeed in this demanding sector, you need to be aware of the latest industry trends. It will allow you to spend money on the right game genres to witness surplus dividends.
