In the past few years, video gaming as an industry has proven it can become very competitive. Some analysts believe that this sector is perhaps the most competitive in the world at the moment.
Traditional heavy-hitters such as Microsoft and Sony rely on their decades of experience and profit-making in computers and other similar electronics.
For newcomers, the only way to set themselves apart is by increasing their annual sales margins, especially for their popular games. Most of these players are companies that are operating outside the United States and have invested heavily in mobile gaming platforms.
Rapid iGaming Growth in Recent Years
The last few years have seen some industries grow at an exponential rate. From cryptocurrency, domain investment, to startups—the growth noted by some of these sectors has been nothing but rapid.
But as is often the case, this growth has come with its own set of volatilities and risks. However, the iGaming industry is one that has so far managed to grow without attracting too much risk. And as market analytics indicate, the online games sector has been able to experience the best growth.
While there is a degree of risk that is associated with online games available in many international online casinos, their growth and stability continue to prove invincible. On the other hand, if you want to find offshore casinos accepting players all over the world you have to check only licensed operators.
The leading reason for the evolution of the iGaming industry lies in the advancement of technology used by companies in this sector.
In the last five years, more countries and markets have continued to approve legislation that allows for their portals to be used by online gaming companies.
As such, it’s crucial to get a good understanding of the whole online casino industry. Therefore, more and more players are getting access to similar features. Another reason that can help explain the rapid growth of this industry lies in understanding the mobile gaming market segment.
We are living in a tech-savvy time where almost every person has access to a mobile device, with every 2nd person having access to a smartphone. With this kind of access, what would curtail the growth of any industry?
Top Companies Worldwide
Casino software developers have helped shape the iGaming industry into what it is today. These are companies that are single-handedly helping to transform the whole sector by shifting games from traditional brick and mortar casinos into digital gaming platforms. Companies leading in the evolution of this industry include the following:
Operating from its base in the Isle of Man, Microgaming is considered by many online gaming enthusiasts to be among the “crème de la crème” of online game providers.
From its location, it can run operations that include developing gaming software for online casino operators such as Carmen Media Group and Fortune Lounge Group among others.
Today, many casinos operating online are flooded with hundreds of games provided by Microgaming, ranging from Roulette, Blackjack, Video Slots, and Video Poker. The game developer has over six hundred games to its name, a fact that helps to demonstrate its dominance in this market segment.
When ranking the top global companies, Playtech always appears among the top 3 iGaming software providers. This operator was officially launched in 1999 and has an impressive game catalog comprising of casino rooms and online bingo games.
Its slots feature attractive and brilliant casino software designs offering lots of bonus rounds and free spins to the players.
Another thing that sets them apart from the rest is their impressive list of progressive slots. Players who like playing on the move will love its mobile casino platforms that are easily accessible from any Android or handheld mobile device.
If you are an avid online gamer, then there’s no doubt that you have indeed come across Net Entertainment games. Commonly referred to as NetEnt, the company is seen as a pioneer in this industry and has operated for more than 2 decades.
It provides its fans with exciting and unique gaming concepts and experiences. It’s also renowned for its leading gaming solutions and cutting edge platforms synonymous with many global casinos.
The commitment it has to digital entertainment means that all its software solutions come with impeccable designs, great audio, and superb graphics. NetEnt is also known for providing gamers with high pay-out percentages making their games more enticing and exciting.
As is the case with many of the top companies mentioned here, Betsoft is a leader in casino software solutions, more so when it comes to casino games graphic quality.
The company came into being in 1999 and is one that you are likely to have chanced upon when playing online. Currently, its gaming library comprises of a total of 150 games with more set to be launched in the coming weeks.
All their games are technologically enhanced ensuring that players get an experience to remember. Besides, it’s not uncommon for the company to partner with online platforms to ensure that their games get to reach a broader audience.