If you have been paying close attention to the video game industry lately then you will probably know that a lot of companies are currently dominating it. You have Sony, Microsoft and of course, Nintendo. Even though a lot of companies have tried to enter the space with a lot of success, it is important to know that none of them have had the staying power of these big three. Even Sega, which did amazingly well, has struggled at times.
If you look at the numbers then it is not hard to see that the gaming industry is evolving more and more by the year and that there is a sizable portion that is being generated in revenue right now.
The Rise of the Steam Deck
If you look at the amount of effort that is being made by the gaming industry, then you will soon see how much things have changed. The Steam Deck is a prime example here and it has been made by a company known as the Valve Corporation. This company was founded by Gabe Newell and the famous Mike Harrington.
They were valued at over $10 billion since the year 2019. Valve started by publishing its own video games to start with but the major market impact came in 2003. This happened when the digital distribution platform known as Steam rose to the market. They were made to cater to the computer gaming sector, and they managed to create nearly 10,000 games. They went on to be the most popular marketplace in the sector and they had well over 24.7 million users as of 2020.
The Casino Sector
The mobile gaming sector has experienced a huge amount of growth over the years and a lot of this comes down to the growth of casino games. If you look at the full list of new online casinos, then you will soon see that they have risen as a result of phone apps. People love the fact that they can game on the go, and they also like the fact that the graphics are not compromised either. People want more handheld gaming consoles as we live in a very busy world and people want to make sure that they can access their games wherever they are.
Valve Was Undaunted
Valve might have failed with their initial idea but this did not stop them over the long run. They decided to have another crack at the casino sector and they then launched hardware in the form of VR. They wanted to release the Valve Index and with this, they managed to make one of the best headsets around. They did this for under a thousand pounds and this was also able to offer the greatest VR experience to date. This was great and it is a top competitor in the space right now as well. It is right behind the Meta device for Facebook.
About Steam Deck
Valve have now released the Steam Deck tech details. The Steam Deck is essentially a computer but you can hold it in your hand. It has taken some features from the Nintendo Switch when you look at the shape and general portability. That being said, the specs are far beyond it and it is also far more powerful as well. It allows you as a PC or a MAC gamer to take your entire library of games with you on the go, and this is great, to say the least. One of the major issues that are associated with gaming consoles right now is the fact that they cannot play games from a previous generation.
This means that if you buy a new console then all of the games that you once had were not usable. Gamers did not want to have to plug in the old console; they had to play the games that they once paid for, but at the same time, they did still want to play them.
The great thing about Steam Deck is that it hopes to solve this issue by providing a new and innovative way to play games. Soy and Microsoft have now offered a service that helps to bring older games to the library. Nintendo has since followed in their footsteps to try and do the same and this is welcome news for the sector. Who knows what the future holds but right now it would seem that huge advances are being made in the world of gaming and this is great, to say the least.