The concept of the upcoming metaverse’s creation has recently become a hot topic. The metaverse concept appears to be catching on like wildfire, igniting people’s imaginations all over the world about what it could be. The impact of something so vast and integrated into our lives is difficult to comprehend, just as someone in the 1950s would struggle to comprehend the concept of today’s internet. But it’s entertaining to try.
Some believe the esports industry has reached its peak, while others are more optimistic and believe the peak has yet to arrive. While platforms like Twitch may appear to be new, there is no doubt that esports is about to hit its stride as a result of the metaverse’s migration.
The metaverse is a relatively new concept of a nearly universally standardized virtual landscape in which we can experience what we now call apps as fully virtual digital experiences.
What Impact Will Esports Have?
It is undeniable that the esports industry has been growing, and they are beginning to have a significant impact on the internet and technology as a whole, to the point where they will become one of the metaverse’s driving forces, alongside business, commerce, the entertainment industry, and others.
Esports has already reshaped the entire gaming landscape, not only by introducing the concept of gamification to increase participation and engagement, but also by breaking down previous barriers to being considered an athlete. You don’t have to be the fastest or the strongest; in fact, you don’t even have to be able to walk to compete and be considered among the best.
One of the underlying themes of the metaverse will be accessibility, participation, and engagement, and esports will be a major participant. Gaming is the sole reason why platforms like Twitch and Discord have become household names and are well-known throughout the entertainment industry. Because esports are often defined by a very tribal sense of community or clanship, it’s only natural that the gaming industry’s micro-communities thrive in the digital metaverse.
While these small communities will still hold together, they will become part of an inherently larger and far more complex organism as gaming is seamlessly integrated into social networks and other platforms. This opens up even more opportunities for gamification, which kicks off the cycle all over again and encourages even more adoption.
Will there be any consequences for other industries?
This unavoidable metaverse digital boom will have a far-reaching impact on a variety of industries. Marketing companies and firms that specialize in monetized ads, such as AWISEE.com, are already seeing an upward trend in both revenue and growth. Because of the recent 5G rollout and the push for more video consumption, esports and streaming are poised for a boom.
Companies that design and sell peripheral equipment for not only esports competitions, such as competition mice, keyboards, headsets, chairs, graphics processors, and more, as well as components and peripherals needed for everyday business life and casual internet usage, will be severely impacted. Once the metaverse is operational on a large scale, demand for all of these will skyrocket.