Industry leaders discussed the challenges and opportunities facing the gaming industry at the Expo Q&A conference in Las Vegas. Key topics included the future of virtual and augmented reality and mobile gaming, both of which are seen as revolutionising gaming experiences. However, the panelists also acknowledged that there are significant obstacles, such as developing more compelling content for VR/AR and monetising mobile games. The importance of innovation and collaboration was also highlighted, with new business models and revenue streams, and social gaming seen as exciting new trends. Overall, the panel expressed confidence in the industry’s ability to adapt and continue to innovate.
Industry Leaders Debate Challenges of Gaming’s Future at Expo Q&A
Industry leaders from across the gaming world came together on Thursday for a lively and thought-provoking panel discussion at the annual Expo Q&A conference in Las Vegas.
The future of gaming: challenges and opportunities
The panel, which included executives from major gaming companies, publishers, developers and analysts, discussed the challenges and opportunities facing the industry as it grapples with rapid technological change, shifting consumer habits and the rise of new platforms and business models.
Virtual and augmented reality
One of the key topics of discussion was the future of virtual and augmented reality, with many on the panel agreeing that these technologies are poised to revolutionize the gaming world by providing more immersive, interactive and social gaming experiences.
The challenge of delivering compelling content
However, the panelists also acknowledged that there are significant challenges to be overcome in order to make these technologies mainstream, including the need to develop more compelling content and to overcome technical hurdles such as the need for high-quality displays and processing power.
The rise of mobile gaming
The panel also examined the rise of mobile gaming, which has become an increasingly important market segment in recent years, with major companies such as Apple and Google investing heavily in the space.
The challenge of monetizing mobile games
However, the panelists noted that there are significant challenges to monetizing mobile games, given the difficulty of convincing players to pay for in-app purchases or ad-free experiences, and the need to compete against a wide variety of other content and apps vying for users’ attention.
The importance of innovation and collaboration
Despite these challenges, the panelists also stressed the importance of innovation and collaboration in driving the industry forward, and highlighted the many exciting new developments and trends that are emerging in the gaming world.
New business models and revenue streams
These include new business models and revenue streams, such as subscription-based gaming services and the use of blockchain technology to enable decentralized online games and virtual economies.
The power of community and social gaming
They also discussed the power of community and social gaming, with many noting that the rise of platforms such as Twitch and Discord has created new opportunities for players to connect and collaborate, and for developers to engage with their audience and gather feedback.
The future of gaming is bright
Overall, the mood of the panel was optimistic about the future of gaming, with many expressing confidence about the industry’s ability to continue evolving and adapting to changing trends and technologies.
As one panelist put it, “We’re living in an incredibly exciting time for gaming. There are so many opportunities to innovate, to connect with players, and to create truly amazing experiences. It’s an incredible time to be a part of this industry.”