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Why is VR the fastest-growing segment in the online gaming industry? (Times of Casino)

Published on : March 03, 2020
Why is VR the fastest-growing segment in the online gaming industry? (Times of Casino)

The online gaming industry is growing by leaps and bounds. As per a survey, the Global Virtual Reality (VR) in the gaming market is expected to reach USD 48.2 billion by 2026. 

It’s evident with the estimated number that VR and all other modern technologies are going to draw users’ attention with their striking features of motion tracking, 3D effects, and interactive graphics. 

If you were portraying VR as just a single niche, then you must know, it has become more than that. VR applications are evolving fast, and they’re penetrating in numerous industrial sectors including online gaming. 

Be it the automotive industry or healthcare, VR is changing the way how things are carried out and delivered to its users, and hence the expectations for the future remain high with this technology. 

Here’s why the online gaming industry is embracing VR: 

We all know VR has served as a game-changer in the gaming sector and enhanced user experience of nearly all the games. That’s just one of the reasons why Virtual Reality is one of the hottest topics in the gaming trends and has grabbed the attention of the potential market. 

Let’s list down some of the benefits of VR-driven applications in gaming:

  • Enriching the gaming environment with cutting-edge capabilities
  • Boosts up the retention and attraction among gaming players
  • Presents more appealing to enthusiastic players and occasional gamers
  • Offer an ability to take players into the game in real-time
  • Renders gamers with attractive virtual objects 
  • Immensely improved user engagement with an immersive experience 

Gambling & Casino is one subset of the gaming industry that has leveraged VR technology to offer its users with something unique and mesmerizing. According to reports, the VR gambling segment is expected to be the fastest-growing segment progressing at a CAGR of 14.9%. Slots are one of the most advanced casino tournaments with a bunch of varieties and levels of difficulties for the user. Few of the top VR slots are Jack, Stardust, Dracula, and the Beanstalk. You can find more traditional online slots on Nektan casinos.

The market size of the VR gaming industry is and will pace at a fast growth rate. The gaming sector is all about innovations, and they make a lot of sense in this field, Virtual Reality is one technology that will take the game business to another level. 

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