Press release
Serious Game Market Rising Demand by 2026: Cisco, Designing Digitally Inc., IBM Corporation, Microsoft, Diginext SRL, MPS Limited, Intuition
Serious Game Market
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Global Serious Game Market is expected to rise from its initial estimated value of USD 3.86 billion in 2018 to an estimated value of USD 15.31 billion by 2026, registering a CAGR of 18.8% in the forecast period of 2019-2026. This anticipated rise in market value can be attributed to the increase in effectiveness and user engagement in the learning process.
Market Definition:
Serious games are applications or learning methods that are used to teach instead of entertaining, and are applied for education, aerospace & defense, government purposes and in corporate offices to teach the consumers information about the game is based on; such as flight simulation games are created to teach real-life situations virtually so that there is no harm to anyone or anything.
Market Drivers:
Rise in engagement and enthusiasm from the users regarding the learning process being emphasized in the game
Return on investment regarding the learning process of individuals and enterprises is anticipated to be driven by serious games which is expected to drive the market growth
Market Restraints:
Awareness about the serious games is quite bleak in the market which is expected to act as a restraint to the market growth
Absence of any standardization regarding the effectiveness and architecture of serious games is also expected to restrain the market growth
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Segmentation: Global Serious Game Market
By Application
Advertising & Marketing
Simulation Training
Sales
Emergency Services
Research & Planning
Human Resources
Product Development
Support
Others
By Platforms Covered
Web-Based
PC-Based
Mobile-Based
Hand-Held
By Industry Verticals
Healthcare
Retail
Aerospace & Defense
Government
Education
Media & Entertainment
Automotive
Corporate
Energy
Others
Research
Tourism
Agriculture
By End-User
Consumers
Enterprise
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Developments in the Market:
In June 2017, Applied Research Associates Inc., acquired Berrie Hill Research Corporation, expanding its profile and mission in providing solutions to the government and defense agencies.
In October 2015, Sealund & Associates were acquired by TiER1 Performance Solutions expanding its market share and development of innovative solutions for the market
Competitive Analysis: Global Serious Game Market
Global serious game market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of serious game market for global, Europe, North America, Asia Pacific and South America.
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key Market players involved in this industry
Detailed analysis of the Market Segmentation
Competitive analysis of the key players involved
Download Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-serious-game-market
Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research
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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
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