Blockchain Game Market Growth and Forecast 2021 to 2027 - EA, Tencent Games, NetEase Games, Xbox Game Studios

The “Blockchain Game” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, the impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The Blockchain Game Market is predicted to register a CAGR of 67.35% over the forecast period 2021 – 2027.”

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Key Competitors of the Blockchain Game market is: EA, Tencent Games, NetEase Games, Xbox Game Studios, Telltale Games, Sony Interactive Entertainment, SpacePirate Games, Mythical Games, Experimental, VZ Games, Mojang Studios, Xiaomi, Baidu, Planet Ventures, Activision Blizzard

Market Overview

The growing smartphone penetration and technology advancement with the increasing adoption of trending technologies for developing games are major factors in developing the mobile gaming industry.
The gaming industry worldwide is expanding, and smartphone is playing a significant role in this expansion. The development of mobile games has resulted in scalability for the gaming industry. Platforms like Facebook and Instagram have also started to develop innovative mobile games to ensure high product differentiation and benefit from engaging games to enhance their advertisement strategies.

This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the Blockchain Game market within the upcoming years.

The Blockchain Game market is often split supported product types, major applications, and important countries as follows:

Major Types covered are:

Ethereum Games

Public Chain Games

Link Game

Private Chain Game

Major Applications covered are:

Cell Phone

Computer

Flat

Other

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Key Market Trends

Free-to-play Pricing Model Offers Potential Growth

Free-to-play is the pricing model preferred by most mobile game developers because of its unlimited potential and can be downloaded without any charge. This allows players to sample a game before deciding whether they want to commit time or money and tend to accrue higher revenues.
Games such as Pokémon GO are following a free-to-play game model, and according to Bank of America, in the United States in 2016, 27 million users were playing this. It is estimated to cross 67 million by 2020. Moreover, in the Asia-Pacific region, the number of players is set to expand from 84 million to 311 million in the same timeframe. Therefore, the increasing number of users is expected to have a positive outlook on the market.

Regional market Blockchain Game (regional production, demand, and forecast by country):

Asia-Pacific to Witness the Highest Growth

The increasing smartphone penetration, rapidly changing consumer preferences, increasing competition, and untapped demographics are major factors driving the gaming companies to invest in the Indian mobile gaming market.​
India is one of the fastest-growing smartphone markets globally, with the number of smartphones expected to double by 2022 nearly. Much of this active user base comes from rural India, where mobile gaming is still gaining popularity.​
Online gaming is also fueling smartphone games' penetration, with more than 90% of millennials preferring smartphones over gaming PCs and other devices in India. This is motivating many vendors to launch new technologies that enable mobile games to gain a competitive advantage in the country. In July 2019, the Indian Air Force launched a new mobile 3D video game themed on various aerial combats and missions, including airstrikes.​

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.

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Recent Developments

July 2021- Gamestacy announced its partnership with Beamable to launch Influencer , a unique social, Multiplayer mobile game. This soft launch is anticipated to usher new options for gender-specific games in the rapidly growing mobile games market.
May 2021- OnMobile Global Limited, the global leader in mobile entertainment, has launched a new B2B gaming product, Challenges Arena, a single destination of everyday challenges that provides an unparalleled gamified experience.

Report Features:

To project the worth and sales volume of the Blockchain Game market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global Blockchain Game market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the Blockchain Game market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

Report Customization:

The Global Blockchain Game Market report may be modified to meet your specific business needs. Because we understand what our clients want, we offer 25% customization for any of our MarketIntelligenceData reports at no additional cost to all or any of our clients.

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