Mobile technology has influenced many industries globally. From mobile-optimized social media platforms to the introduction of mobile casinos in the USA seen here, it’s no news that smartphones have shaped many areas of our world. Although a few industries, like the postal service market, have notably witnessed a decline in customer demand since the introduction of cell phones, other industries have flourished.
The casino industry is ever-booming, giving way to the growth of mobile tech in the gambling market. This article will discuss the sectors that have been heavily influenced by the introduction of mobile technology and how smartphones have changed these industries.
Notable Sectors Heavily Influenced by Mobile Revolution
Millions of people use smartphones daily for various activities ranging from gaming to purchasing products online, etc. Here are some notable industries these portable creations have shaped:
1. Online Casino
Mobile gaming has made significant evolution in the online casino industry. Many casino sites like usa casinos online Bitcoin Cash now offer smartphone-friendly games that users can easily access, opening the gaming world to new audiences and prospects. The introduction of smartphone gaming has given rise to a new sector in the gambling market.
Millions of smartphone and smartwatch users patronize the online casino market, resulting in higher revenue and better services. Sensor Tower Store Intelligence data shows that the amount spent by mobile casino players in 2021 rose by 16.4% to $4.8 billion, an incredible increase in only 12 months compared to the 2020 data.
The gaming industry has always been technologically influenced. From the first computer game in 1962 to Sony’s game changer (the PlayStation) in 1994, the video game world has been backed by technological innovations, and mobile technology stands at the top of those innovations.
The introduction of mobile technology has created and solved a lot of problems for the video game industry, such as:
Smartphone users battled with insufficient storage space for years, considering most video games take up more space than mobile devices can handle. Cloud gaming solves that. With cloud gaming, players can access their games without downloading, as it’s stored on the server, creating a lasting solution to the smartphone gaming storage problem.
Another problem solved by the smartphone revolution is mobile compatibility. Initially, most video games weren’t designed to work with phones, which caused lags and lesser-quality graphics. However, developers have been developing games to suit users and give them an equivalent experience as players with higher accessories.
We live in an age where you can stream basketball, soccer, or wrestling in real-time without going into a viewing station. You don’t need to leave the comfort of your home. Just flick your phone to the viewing channel, and the world is at your feet.
Mobile technology has made it easier to connect with millions worldwide while seeing a sporting event, improving how entertaining sports can be. According to the NFL, over 112.3 million people streamed the last Super Bowl. Also, eSports events attracted over 300 million views, with Riot Games raking in 114.5 million streaming hours. These show how sporting entertainment has changed through the smartphone evolution.
4. Banking and Finance
The evolution of smartphones has led to the rise of loan apps, comparison apps for insurance policies, and financial technology apps to quickly transfer or receive money regardless of location. In previous decades, you’d need to walk into a bank to deposit and send money to your cousin, friend, or business partner in another city. You can do all that with a few clicks on your phone.
Aside from this, the ability to use technology to track your finances, create budgets, and manage income wouldn’t have been possible without the mobile phone evolution. Another benefit is the ability of everyone worldwide to access cryptocurrency services. The flexibility mobile technology offers changes how we buy and sell online, another perk of this evolution.
Shopping online wasn’t fancy until a few years ago when online shopping outlets like Amazon, Walmart, Shopify, and others launched. Before them, you’d buy your groceries, phones, clothes, and other materials through brick-and-mortar stores and pay with cash. Later, you could use point of sales (POS) services to pay with a credit or debit card.
The evolution of mobile technology has changed this. You can pay for anything with your phone and even experience the product before the transaction. By experiencing the product, you’re using AI to have a grasp of what it would be after you purchase it.
Another plus for e-commerce is how these digital retail stores have made it easy to scan images or use voice search to find any product of your choice. This flexibility has made life in this era much more comfortable.
Mobile technology is growing at a pace that has never been seen before. Thanks to brands like Apple, Google, Samsung, Redmi, Vivo, and many others who have contributed to the research and development of smartphones. Online casinos, gaming, sports, banking & finance, and e-commerce are just some industries benefitting from this revolution.