Global Augmented Reality Gaming Market Scenario Highlighting Key Drivers & Latest Trends (2022 - 2030)

Global Augmented Reality Gaming Market Report is a compilation of comprehensive research studies on various aspects of the market. With accurate data and highly authentic information, it makes a brilliant attempt to provide a real, transparent picture of current and future situations of the global Augmented Reality Gaming Market. Market participants can use this powerful tool when creating effective business plans or making important changes to their strategies. The report discusses about the growth of the global as well as regional markets. It also brings to light high-growth segments of the Global Augmented Reality Gaming market and how they will progress in the coming years.

In terms of revenue, the global augmented reality gaming market was valued at US$ 4,935.8 Mn in 2021 growing at a CAGR of 22.76% over the forecast period (2022 - 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

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The rise in affordability of augmented reality gaming along with the upsurge in a number of mobile gamers has primarily boosted the growth of the global augmented reality gaming market. For instance, according to the Digicapital, an AR/VR/XR adviser, the number of smartphone augmented reality users is anticipated to exceed 3.5 billion by 2022. The leading organizations in augmented reality industry are investing to incorporate AR gaming techniques in mobile devices, such as tablets and smartphones with an improved and enhanced gaming experience. In addition, technological advancements such as convergence of virtual and natural environment with the help of head mount displays (HMDs) and aligned augmented reality (AR) apparatus is projected to fuel the growth of the market.

Augmented reality gaming (AR gaming) deals with the integration of audio content & game visual with the user's environment in real time. These games are mainly played on devices such as smartphones, portable gaming systems, and tablets. This gaming technology offers players with more immersive gameplay, entertainment, and control. The experience of gaming offered by augmented reality gaming is characterized into four aspects, such as emotional, mental, social, and physical. However, concerns associated with the privacy of the user along with the high initial capital investment needed for AR gaming equipment may hamper growth of the market to some extent. On the other hand, emerging applications of augmented reality gaming in education sector is likely to create lucrative growth opportunities for the market growth in the upcoming years.

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The COVID-19 pandemic made social distancing as the new norm across the globe. However, this led to the proliferation of consumer technologies that helps to improve physical and mental health. This has boosted the growth of the global augmented reality gaming market. For instance, the recent study of AR gamers found that the playing of AR games had a positive effect on mental health during the COVID-19 pandemic. In addition, several market players in augmented reality gaming industry are increasingly aiming at offering superior user experience to customers.

List of Major Players in Augmented Reality Gaming Market Report are:
Augmenteo (Hootside)
Directive Games.
Google
Lykkegaard Europe Limited (Lykke Studios)
Microsoft
NaturalMotion
Qualcomm Technologies, Inc.
Six to Start
Sony Corporation
Wikitude, a Qualcomm company
Xplorer LLC
Zappar Ltd.
Other Market Participants

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Highlights of the Report
The new entrants and alternative products and services that pose a significant threat to the competitors in the future are highlighted in this report.
Business models adopted by the leading players for partnering with the other growing competitors
The report exploits unexplored market spaces that may enable the market participants to compete with the leading players.
It reviews the biggest competitors across various segments in the Augmented Reality Gaming
The report explores different buyers and sellers through the market's value chain.
The Augmented Reality Gaming market report has identified the specific categories of products that compete with the international marketplace giants.
The product categories that ensure high profit for the sellers and other participants are presented in the study.
The report puts together the key takeaways that the market participants can start implementing straight away.

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Global Augmented Reality Gaming Market Segmentation:

By Offering
Products
Software
Services

By Access Device
Laptops and Personal Computers
Smartphones and Tablets
Gaming Stations
Others

By End-Users
Casual Gamers
Professional Gamers

By Region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

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