iWorld
GUEST ARTICLE: Top trends shaping the gaming industry
Mumbai: Today’s gamers are accustomed to exploring realism-based 3D environments and interacting with hundreds or thousands of other players in real-time, a far cry from the blocky, unsophisticated sprites that many of us played as children. The infrastructure set up by game creators to make this possible is based on some of the most cutting-edge technology, including super-fast 5G and cloud networking, as well as powerful processors.
Some major trends in the gaming industry are:
1. Cloud gaming
The majority of the major video game developers now offer their titles through cloud-based subscription services. As long as gamers have smart TVs and small streaming devices, they won’t need to keep purchasing and upgrading pricey, power-hungry hardware and keeping it in their homes. The cloud data centre serves as the hub for everything, and streaming video is the result that is delivered to households.
Furthermore, the continued adoption of lightning-fast networks like 5G will lead to a time when more people than ever will be able to access this new method of game delivery. All things considered, even though it’s not a given that specialised home gaming systems will vanish from our lives, 2022 is a year when business leaders will increase their investments in their vision of a streaming, cloud-based future.
2. Virtual reality
Over the previous five years, VR gaming has rapidly grown in popularity. One of the most thrilling gaming experiences of the coming year is anticipated to be provided by VR. Consumer headsets are becoming more and more accessible because of the declining cost of hardware. Additionally, they benefit from being able to operate both alone and when linked to a gaming PC to take advantage of the latter’s specialised skills to offer even more realistic and visually sophisticated VR experiences. Cloud VR may become a reality soon, further shrinking the size of headsets.
3. The metaverse
Millions of gamers now assemble in virtual worlds to participate in every sort of entertainment, and this concept of in-game worlds expanding to include various forms of entertainment will surely have a significant impact on the gaming business and culture in 2022. The largest franchises and games will increasingly reinvent themselves as “platforms,” enabling a considerably wider variety of user experiences. Others will find space in these worlds to participate in networking, conversing, or other sorts of shared interaction.
The benefit of retaining users on their platforms will be seen by game developers, who can do this by increasing their loyalty as subscribers or by turning them into a captive audience for advertisers of all stripes.
4. NFTs and blockchain
In a rather contentious move, a number of major game developers announced plans to incorporate non-fungible tokens (NFTs) as a mechanism for players to win, earn, and trade exclusive in-game items. Some of these initiatives may start to materialise in 2022.
Not all gamers are on board with the concept, especially because many believe that these tokens are a waste of energy. This is because the complex blockchain algorithms required to run them require a lot of processing power. However, it’s likely to become a reality because game publishers have stated that they believe the convergence of gaming and NFTs has a bright future and that they are willing to pay money to accomplish it.
The proliferation of ‘play-to-earn’ games that give players cryptocurrency rewards for participating in regular play is another emerging trend.
5. Esports
Esports mostly refers to the evolution of video games to incorporate elements more frequently found in professional sports, such as live audiences, tournaments, leagues, sponsorships, and paid athletes. Esports will be included in a significant international multi-sport competition for the first time at the 2022 Asian Games, where they will make their official debut as a competition. Esports experienced a boom in popularity during the covid pandemic, as it did with many other forms of digital entertainment. In 2021, it earned over one billion dollars in revenue for the first time, primarily from media rights and sponsorship, and it is anticipated that it will reach nearly $2 billion in revenue by 2022.
Furthermore, 73 million viewers watched the League of Legends World Championship final in 2021, a 60 per cent increase over 2020, and it is anticipated that this record will once again be broken in 2022. This proves that video games have indeed developed into spectator sports, and over the upcoming year, we should expect to see both an increase in the number of professional players and a rise in prize money.
The author of this article is Glued founder Vikram Narula.
Gaming
Sony raises PS5 prices for second time in under a year
US disc edition jumps $100 to $649.99 as memory costs surge.
MUMBAI: Sony just hit the pause button on affordable gaming because when memory prices skyrocket, even the Playstation has to pay the premium. Sony has announced its second price increase for the Playstation 5 range in less than a year, citing pressures in the global economic landscape and a sharp rise in memory component costs driven by AI demand.
In the US, the PS5 disc edition will rise from $549.99 to $649.99, a $100 hike while the digital edition increases to $599.99. The more powerful PS5 Pro will jump $150 to $899.99. The Playstation Portal remote player will also rise by $50 to $249.99. The new prices take effect on 2 April 2026.
Similar increases have been applied in the UK (£90 per model), Europe and Japan. Sony last raised PS5 prices in the US in August 2025.
“We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide,” Sony said in a blog post.
The hikes come amid an unprecedented surge in memory prices, as manufacturers prioritise supply for AI data centres. Analysts say Sony had likely secured price protections for components that have now expired, forcing the company to protect its hardware margins.
Ampere Analysis research director of games Piers Harding-Rolls told CNBC that further increases from Microsoft and Nintendo would not be surprising, though Nintendo may hesitate to raise the price of its recently launched Switch 2 while establishing the new platform.
The increases arrive eight months before the highly anticipated release of GTA 6, which is expected to drive strong console sales. However, early reactions online have been a mix of disappointment and resignation, with growing concern that premium gaming is increasingly becoming a hobby for higher-income players.
In a sector already grappling with tariffs, inflation and component shortages, Sony’s move underscores a tough reality: even the most popular consoles are not immune to the rising cost of keeping up with the latest technology.
