The last few years have seen rapid technology growth, with every industry embracing new technological innovations. We’ve seen some mind-boggling advancements in various sectors with the intense focus being on healthcare, virtual reality, entertainment industry, and artificial intelligence. When there’s much that we can say about the impact of technology in those various fields, this post focuses on some exciting ways advancement in tech is changing the entertainment industry.
Rapid Growth of the Gaming Industry
There was a time gaming was a pastime activity, but that’s all in the past now as the industry has grown into a multi-billion dollar industry. Game developers are releasing thousands of games each year with casinos offering online gaming opportunities. As long as you have high-speed internet, you can enjoy a variety of online casino games here from the comfort of your home. Also, most of these online casinos offer exciting bonuses and thrilling gaming experiences.
Increase in Video Streaming
Video streaming is another sector that has experienced the tremendous impact of technology growth. Reports indicate that the industry was worth $42.6 billion in 2019 and is expected to grow by 20.4% from 2020 to 2027. The introduction of technological innovations such as blockchain and artificial intelligence plays a significant role in improving video streaming quality, further increasing the industry’s growth rate.
As the industry grows, it creates a platform for upcoming artists who want to operate independently. The artists can also market their content and gain attention without hiding behind any major labels.
Improved Security Features for Smart TVs
Technology is penetrating the smart TV sector at high speed, with the likelihood of 4-year-old TVs being considered outdated. As a result, more homes continue to get new smart TVs, which, unfortunately, exposes your home and family to some serious threats. For instance, people with intentions can access your smart TV webcam to stalk your family. More chilling experiences are whereby hackers remotely access your TV and adjust the channels to show explicit content.
As a way to keep you safe when using smart TVs, manufacturers have come up with ways to protect your family. Some of these ways include the use of Firestick VPNs, which mask your IP address and hence keep your data protected.
Continued Growth of Virtual and Augmented Reality
Although virtual and augmented realities are relatively new technological innovations, they’ve become widely accepted. Many businesses are making huge profits by using virtual reality development services to come up with entertaining ways that make it possible for users to interact with their brands.
Examples of companies that are taking advantage of this technology to win clients include Pokeman Go, which rewards users with tokens for visiting their brick-and-mortar locations. Disney, on the other hand, has a Disney Parks app that allows users to access and play gamers while waiting at Disney theme parks.
Increased Use of 5G Network in the Entertainment Industry
As technology continues to advance, there rises the need to have access to faster internet. This has resulted in the introduction of a 5G network, whose usage is expected to increase this year. Consequently, 4K UHD content will also become very popular among mobile users, and you can use it to watch your favorite content. The best thing about the 5G network is that you’ll no longer have to wait for content to load or downgrade in quality.
With the growth of the 5G network, it’ll become easy to subscribe to cloud-based gaming services. Besides, the network will eliminate the download lag in VR and AR-based technologies, hence giving users a 360 degrees playback experience.
There’re many other ways that technology is impacting the entertainment industry besides the above five. Technology innovations impact the industry from how the content is produced to how it’s consumed. And as more technological advancements continue to be introduced, you should expect to see more impacts in the industry soon.