Global Serious Games Market Show 19.2% CAGR
Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to its high population and China being the largest consumer of learning games and tools. The LAMEA serious games market is expected to grow at the highest rate, followed by Europe, which is expected to second highest CAGR during the forecast period. LAMEA has unexplored market potential as the region is developing and has high rate of internet penetration.
For Sample PDF of this Study@ https://www.alliedmarketresearch.com/request-sample/4485
The consumers business segment contributed the highest share in 2016. This segment accounted for $1,461 million in 2016, and is projected to grow at the CAGR of 18.5% during the forecast period. However, the serious games market for enterprises segment is projected to grow at the highest rate of 19.9%.
Simulation and training application segment generated maximum share of revenue in 2016 and is expected to dominate the market throughput the forecast period at the CAGR of 19.4%. Among industry verticals, education industry is expected to witness highest CAGR of 20.2% during the forecast period, followed by retail.
The report features a competitive scenario of the global serious games industry and provides a comprehensive analysis of key growth strategies adopted by major players. The key players profiled in the study are BreakAway, Ltd., Designing Digitally, Inc., DIGINEXT, IBM Corporation, Intuition, Learning Nexus Ltd, Nintendo Co., Ltd., Promotion Software GmbH, Revelian, and Tata Interactive Systems. These players have adopted competitive strategies, such as geographical expansions, mergers & acquisitions, new product launches, and partnerships & collaborations, to augment the growth of the serious games market.
Access Full Summary at : https://www.alliedmarketresearch.com/serious-games-market
Key Findings of the Serious Games Market:
• The consumers segment accounted for the highest share of the global serious games industry by user type in 2016, growing at a CAGR of 18.5% from 2017 to 2023.
• The others segment serious games market by industry vertical generated the highest revenue share in 2016, and is projected to grow at a rate of 19.1%.
• The Asia-Pacific serious games market generated the highest share, valued at $953 million, in terms of revenue in 2016.
• The serious games market is education sector is expected to witness the highest growth rate during the forecast period.
The serious games market is in its growth phase, and is expected to grow at a CAGR of 19.2% during the forecast period. Enterprises are more focused toward employee engagement programs and training & development in an effective & cost-effective way. Further, high Internet penetration, large number of population having online presence, and benefits of serious games in learning is expected to drive the growth in education sector.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Rahul Thakur 5933 NE Win Sivers Drive
#205, Portland, OR 97220 United States
Toll Free: +1 (800) 792-5285 (U.S. & Canada)
Fax: +1 (855) 550-5975
This release was published on openPR.
Permanent link to this press release:
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 Global Serious Games Market Show 19.2% CAGR here
News-ID: 855416 • Views: 500
More Releases from Allied Market Research
Europe Insecticides Market reach $23.36 billion by 2026, growing at a CAGR of 5. …
According to the report, the Europe insecticides market for waste management accounted for $14.73 billion in 2018 and is anticipated to reach $23.36 billion by 2026, growing at a CAGR of 5.8% from 2019 to 2026. Generation of waste in huge amount and upsurge in number of insects drive the growth in the market. However, storage and handling of insecticides restrain the market growth. On the other hand, stringent regulations for
Trauma Devices Market Is Projected To Grow Exponentially By 2022 | major key pla …
Trauma devices are one of the various clinical procedures used for the treatment of trauma based upon the severity of injury. Trauma refers to any kind of physical injury such as fractures, dislocations, sprains & strains and burns caused by any external source. According to Center for Disease Control and Prevention, Trauma is an injury or wound to a living individual caused by due to violence or external force. These
3D Medical Imaging Market Size anticipated to witness significant growth by 2026 …
3D imaging is a revolutionary optical imaging technology that provides an enriched images on 2D platforms. This technology has the ability to offer enhanced imaging solutions in various sectors, from healthcare to entertainment to architecture modelling. Improved imaging and better viewing experience are the main attributes for its increasing demand. Moreover, the emergence of this imaging technique has allowed medical professionals to generate an in-depth image of suspect for better
Near Infrared Imaging Market Trends and Industry Analysis,Growth Prospect, durin …
Near infrared imaging is a non-invasive imaging technique that uses non-ionizing rays which helps in the detection of amount of hemoglobin present in brain and body tissues and muscles. The development of near infrared imaging has allowed the clinicians to detect brain injuries and other brain related disorders. Along with this, near infrared imaging is also being applied to diagnose breast cancer, alzheimer’s disease, depression and schizophrenia. Moreover this technique
More Releases for CAGR
Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020
Biofertilizers Market witnessing a CAGR of 13.3%
Reports And Markets Publish a New Market Research Report On –"Biofertilizers Market - By Microorganism, Application and Geography - Trends and Forecasts (2016 -2021)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071907-global-biofertilizers-market-by-microorganism-application-forecasts-2016-2021 Market Insights The global biofertilizers market, estimated at USD 590.9 million in 2015, is projected to reach USD 1.23 billion by 2021, witnessing a CAGR of 13.3% during the forecast period. The biofertilizers market is highly fragmented, with many small
Organic Fertilizer Market Growing at 7% CAGR
Global organic fertilizer demand was pegged at 17 million tonnes in 2016. In terms of value, the market was valued at US$ 5.57 billion. Persistence Market Research projects the market to grow at 7% CAGR through 2025 and reach US$ 10.23 billion. Belgium will continue to be the largest exporter of organic fertilizers, with total exports totalling 1.15 million tonnes in 2015. Netherlands and the U.S. will be the other two