The world of technology has progressed at an astonishing pace in the last few decades. Computers now have far more sophisticated and powerful processors in them, allowing businesses to benefit from high-level analytics in the form of business intelligence platforms that can shape their future direction.
Artificial intelligence technology is also helping both businesses and consumers to improve productivity. Chatbots can reduce the need for large customer service departments, and platforms such as ChatGPT allow content or even code to be created with little more than a few basic written directions. However, the focus of this article is placed on technology in the consumer home entertainment sector. There will be a description of three key developments within this field that have helped to drive increased levels of adoption among consumers and modernize home entertainment.
Advanced online casinos
Early incarnations of online casinos were extremely basic in their design and execution. The limitations of Internet bandwidth in the 1990s and the lack of advanced graphics processing chips meant that the online environment was basic, as were the sound effects of popular card and slot machine games.
Today, in 2023, adults can log onto sites such as https://ca.crazyvegas.com/online-slots/ to find a list of high-quality online casinos that are extremely close in terms of the overall experience to traditional brick-and-mortar establishments. Modern features such as live dealer facilities (where a human staff member controls the play and betting at various games), video chat facilities, and photo-realistic casino environments can only be achieved with fast internet connections, high bandwidths, and advanced graphics processors. Millions of consumers now enjoy the fun and thrills of online casinos, which have the added benefit of being on-demand and accessible from a range of smart devices that can link to the internet.
VR gaming worlds
In both the worlds of online casinos and video games, VR technology is emerging as a key trend that is shaping the future of home entertainment. VR headsets may not be as powerful as high-end gaming PCs or next-generation consoles, but their processing power and graphical capabilities improve with each new version. Some can be linked to PCs to draw on their processing power, and games such as Half-Life: Alyx demonstrate the potential of this platform. The key benefit of this technology is that it can create a fully realized 3D world that is far more immersive than simply viewing entertainment on a traditional screen or monitor. It is expected that as this VR technology progresses, it will become the focal point for all forms of gaming and wider types of home entertainment (such as film and TV).
Bespoke entertainment recommendations
One key piece of technology in home entertainment is not visible to consumers but plays a vital role in providing a truly customized experience that is as individual as the viewer. The use of algorithms in home entertainment, specifically in the film and music streaming sectors has helped to make businesses in this industry enjoy impressive levels of growth and profitability. It is estimated that the film and TV streaming industry was worth over $89 billion in 2022 and is expected to enjoy impressive growth to 2023 at a CAGR of 21.5% between 2023 and 2030. Platforms such as Netflix and Amazon Music offer consumers a bespoke viewing and listening experience based on their previous media consumption. As the sophistication and complexity of algorithms continue to grow, it is expected that increasingly accurate recommendations and curated playlists will be available based on a minimal amount of information.