Press release
Mobile and Handheld Gaming : Innovation is key to thriving in the mobile and handheld gaming market
The mantra ‘Innovate or die’ could hardly be more apt than for the global mobile and handheld gaming market. It is absolutely essential to focus on the latest technologies such as wearables, game stream or VR headsets to entice customers. A number of devices including head trackers, motion sensing devices, color detection, artificial intelligence and sound sensing are but a few of the trends that should shape the mobile and handheld gaming market in the days to come. AR and VR could be considered the most recent and important as they substantially enhance the gaming experience through a highly advanced, interactive method of gaming. Augmented reality generates virtual information to improve the user’s perception. Augmented reality typically includes full body motion control sensors for a totally hands-free gaming experience. Audio-visual, graphics and interaction based AR systems enable users to interact with virtual objects in an augmented environment. For example – Microsoft’s Natal utilizes body action controls to provide a truly revolutionary, next-generation gaming experience.
Browse The Report:https://www.persistencemarketresearch.com/market-research/mobile-and-handheld-gaming-market.asp
Virtual Reality will transform the virtual world into a real one
Virtual reality and augmented reality are widely considered to be the next big thing in the global mobile and handheld gaming market during the forecast period. Major industry players are investing large sums of money in high-end, advanced technologies to popularize VR and turn it into a mainstream segment of the global mobile and handheld gaming market from its current niche position. NVIDIA is one company that has done more than most others to promote the concept of virtual reality gaming. NVIDIA provides solutions for virtual reality and serves its customer needs adequately with a diverse and complete product portfolio in its arsenal. Samsung Electronics has also entered the field of virtual reality with the launch of its Samsung Gear VR virtual reality headset, based on Oculus technology. Mobile virtual reality is one of the few segments that can truly generate excitement in the mobile and handheld gaming market as the era of both PC and Console gaming declines in importance compared to the past.
Request to download and view full ToC @https://www.persistencemarketresearch.com/market-research/mobile-and-handheld-gaming-market/toc
AR and VR should revolutionize the global smartphone gaming market
It is already possible to play several AR and VR game titles on a number of mobile gaming devices today. With the debut of mass market AR/VR game viewer accessories such as Google Cardboard along with massive amounts of R&D and venture funding being pumped into AR and VR hardware and software, it is quite obvious that millions of mobile users will be hooked onto AR/VR games within a few years at the most. While it is quite challenging to predict how much revenue will be derived at the present moment, it can safely be said that a good chunk of the growth in mobile handset gaming should come from breakthroughs made in AR/VR technologies that have yet to see the light of day.
Smartphone platform type segment to remain the largest segment in the foreseeable future
Smartphones are far more ubiquitous and necessary than dedicated mobile handheld gaming devices as they can be considered the ‘Swiss pocket knives’ of the technology industry. Smartphones serve a number of functions, a major one being gaming and entertainment. It isn’t surprising that the smartphones segment held a market share of more than 70% of the global mobile and handheld gaming market in the year 2016. This is only predicted to rise to nearly 80% of the entire global mobile and handheld gaming market by the end of the forecast period.
Make an Enquiry @https://www.persistencemarketresearch.com/samples/15034
High CAGR and absolute dollar opportunity make the smartphone segment the ‘Holy Grail’ of the global mobile and handheld gaming market
Though the smartphones segment already accounts for the largest share of the global mobile and handheld gaming market, the segment is forecast to record a CAGR of 11.4% for the period 2016-2026. From a market value of just over US$ 27 Bn in the year 2015, the smartphones segment is anticipated to account for a market value close to US$ 90 Bn by the end of the year 2026. An absolute dollar opportunity of more than US$ 60 Bn exists in the smartphones segment of the global mobile and handheld gaming market.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
305 Broadway,7th Floor
New York City, NY 10007
United States
Tel:+1-646-568-7751
Email:sales@persistencemarketresearch.com
Website:https://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mobile and Handheld Gaming : Innovation is key to thriving in the mobile and handheld gaming market here
News-ID: 718640 • Views: …
More Releases from Persistence Market Research
Storage Adapter Industry Anticipated to Witness Robust Growth, Reaching USD 25.5 …
The Global Storage Adapter Market has witnessed significant growth in recent years, driven by increasing demand for high-performance storage solutions across enterprises and consumer applications. In 2022, the market was valued at US$ 10.53 billion and is projected to reach US$ 25.54 billion by 2033, expanding at a CAGR of 8.5% during the forecast period. Storage adapters play a crucial role in bridging storage devices with computer systems, enabling seamless…
Network Interface Card Market Anticipated to Witness Robust Growth, Reaching USD …
The Global Network Interface Card (NIC) Market has witnessed robust growth, fueled by increasing connectivity requirements across multiple industries. In 2022, the market was valued at US$ 4.67 billion and is expected to reach US$ 11.3 billion by 2033, growing at a CAGR of 8.5% during the forecast period from 2023 to 2033. Network interface cards are critical hardware components enabling electronic devices to connect to networks or the internet,…
Global Laser Processor Market Forecast to Expand at 8.1% CAGR, Surpassing USD 41 …
The global laser processing market has experienced remarkable growth in recent years, driven by advancements in manufacturing technologies and increased automation across industries. Recent market analysis indicates that the global sales in the laser processor market reached US$ 17.5 billion in 2021. Forecasts predict that the market will expand at a robust CAGR of 8.1% from 2022 to 2032, reaching a valuation of US$ 41.5 billion by the end of…
Boat Control Lever Market to Reach US$17.03 Bn by 2031, Expanding at 3.8% CAGR | …
The global boat control lever market is witnessing steady growth, driven by advancements in marine technology, increasing recreational boating activities, and rising demand for enhanced safety and operational efficiency in watercraft. According to Persistence Market Research, the market is valued at US$13.12 Bn in 2024 and is projected to expand at a CAGR of 3.8%, reaching US$17.03 Bn by 2031. This expansion reflects both rising consumer interest in marine leisure…
More Releases for Innovation
LearnLogic Unveils Innovation Training: Innovation Superstar Training in a Box - …
Image: https://lh7-rt.googleusercontent.com/docsz/AD_4nXcoSUvzkmJCHFGUFQDk-gc8oxtq2zcuh6aY2mlyIF-4PSPHK699jaqeNLhqtk3PdLIqkmXTDlYQ19l50hCAbMi_TW0poK_Wdf6nkkLL4mcq4l2Qpr1pBDqRSaLP_qX3p_G8QQE9ow?key=qPuDeRfq1msGAVwsXeskdw
Scottsdale, AZ - June 1, 2025 - LearnLogic [https://mylearnlogic.com/] officially introduces the Innovation Training: Innovation Superstar Training in a Box, delivering enterprise-level innovation mastery to small teams at an accessible price point.
Image: https://lh7-rt.googleusercontent.com/docsz/AD_4nXfMAYoipI-2rP2kF5PMFwtfxa44WnKXZxRGMeje5Edy42soOj1lK4Fww8hHJ-gVAvzusNIZ8hSGDVvwqbf-vHJI6FQt7KekK3nQCT-sfu4YznwjLS2tvhXINcu8FD02ut_MWbVGsg?key=qPuDeRfq1msGAVwsXeskdw
In today's fast-moving economy, most organizations struggle to keep up with the complexity of real-world innovation. Innovation Superstar bridges that gap with content based on 30 years of hands-on consulting experience through LeaderLogic and the research found…
Medical Technology Innovation: Fraternity Mutual Wins 2024 Medical Innovation Aw …
Fraternity Mutual was awarded the 2024 Medical Innovation Award for its outstanding innovations in medical data management, patient privacy protection, and AI-powered medical consultation. The award is presented by the International Medical Technology Association to honor enterprises and institutions that have made significant contributions to driving medical technology innovation and application.
Image: https://www.getnews.info/uploads/2a562ebebe0e59ceecf095be711617f5.jpg
Fraternity Mutual has achieved breakthroughs in the following core technology areas:
1. Blockchain platform: The blockchain platform it developed ensures…
Huge Growth on Enterprise Innovation Management Software Market 2027: Key Player …
The Research Insights has announced the launch of Enterprise Innovation Management Software market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry. Innovation management software enables the digital management of…
Enterprise Innovation Management Software Market to See Major Growth by 2026 | I …
Enterprise Innovation Management Software Market Research Study – The exploration report comprised with market data derived from primary as well as secondary research techniques. The solicitation of proposals by the governments and public–private companies across the world to mitigate the impact of the COVID-19 pandemic is considered to be market forces. The aim is to get premium insights, quality data figures and information in relation to aspects such as market…
Innovation in Vacuum
Oerlikon Leybold Vacuum presents the new dry screw technology pump series DRYVAC at the photovoltaic exhibition Photon in Stuttgart, Germany. Such innovations of vacuum technology will contribute to the effective automatisation of solar panel mass production and enhance profitability.
Plants for solar module manufacturing have to make use of all means to cut costs effectively. The changing legal aspects on solar feed-in tariffs increase the pressure on quality and costs…
The Cridon D3 Innovation Framework supports systematic Innovation
Cridon introduces a methodology for innovation management. This framework has been created on the basis of international research on successful innovation and on the basis of Cridons experience.
The D3 Innovation Management Framework consists of three modules: Pragmatic but fact based strategy definition and extraction of quick wins is the objective of D3 Define: Analysis and Strategy. The module D3 Discover: Product Management is tailored to the systematic search and…
