Game-Based Learning Market was valued at US$ 13.03 Bn. in 2022 and the total Game-Based Learning revenue is expected to grow at 20.8% from 2023 to 2029, reaching nearly US$ 48.92 Bn.
Market Overview
The Game-Based Learning Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the Market can grow considerably within the forecasted period i.e., 2022 to 2029.
The report provides Game-Based Learning Market drivers and restraints. The report helps in recognizing the drivers that are driving the Market growth and discovering ways to use these drivers as strengths. Restraints can help you to identify characteristics that are restraining the Market and help you identify them and decrease or improve them before they become an issue. Opportunities are created by external components like changes in the Market, and new consumer trends. This will help you to understand elements that will influence your potential to take advantage of your opportunities. Challenges could create hurdles for your business. The report helps you to identify challenges and ways to encounter them depending on the Market scenario.
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Market Scope
The report provides overall Market insights for manufacturers, suppliers, distributors, and investors in the global Game-Based Learning Market. The information and data provided in the report may be used by all stakeholders, students, consulting firms, research institutes, industry professionals, journalists, business researchers, etc. in the global Game-Based Learning Market.
The report also includes factors like Market segmentation, CAGR (Compound Annual Growth Rate), Year-on-Year growth (percent), Porter’s five force model, absolute USD potential, and expected Market cost structure.
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Game-Based Learning Segmentation Analysis
The market for AR VR games is anticipated to expand at a CAGR of 8.3% over the course of the forecast period. Real-time, automated deep learning is used in 3D animation. For corporate training, businesses like Walmart, Agco, Bosch, and Boeing are now using augmented reality. Engagement can only be produced by games or online courses. The property of AR aids in training. Due to its ability to interact with clients, talk with staff, and understand social context, augmented reality is perfect for scenario-based training. The use of Apple ARKit by AR and VR developers has already yielded some astounding results. With Apple’s ARKit 3, users can create spectacular AR-based content with ease. This programme is designed for AR developers. A VR simulator is a part of the employee training plan KFC has developed.
During the forecast period, the enterprises segment is anticipated to expand at a CAGR of 7.3% by end-user. Enterprise game-based learning allows for the establishment of employee performance targets that can be connected to organisational goals. When someone watches how they perform in the game, they are aware that it is objective, suggesting that it is hence “fair.” Therefore, game-based learning encourages organisational transparency and goal alignment. This has an effect on the culture as well as how performance is handled. Instead of a once-a-year evaluation where they are given stale goals from the prior year, employees may see their targets in real-time and know how they are performing, allowing them to self-correct.
by Component
1.Solution
2.Services
by Game Type
1.AR VR games
2.AI-based games
3.Location-based games
4.Assessment and evaluation games
5.Training, knowledge and skill-based games
6.Language learning games
7.Others
by Deployment Mode
1.Cloud
2.On-premises
by Platform
1.Online
2.Offline
by End-User
1.Consumer
2.Education
3.Government
4.Enterprises
5.Other
Game-Based Learning Key Players
1.Kahoot
2.Frontier Developments
3. Minecraft
4.Spin Master
5. Bublar Group
6.BreakAway games
7.Gamelearn
8.Recurrence
9.Schell Games
10. Stratbeans
11.Tangible Play
12. Simulearn
13.Playgen
14.Raptivity
15.Banzai Labs
16.Cognitive Toybox
17. Fundamentor
18.Idnusgeeks
19.Kuato Studios
20. Monkimun
21.Smart Lumies
22.G-Cube
23.Hornbill FX
24.Infinite Dreams
25. Layup
26.MLevel
27.Quodeck
28. Threatgen
29.Gametize
30. Sweetrush
31.Kidoz,
32. VR Education Holdings
Regional Analysis
The study delves into the Game-Based Learning Market in depth, segmenting it into regions. For the analysis, a review of the provincial Market involved with the objective Market, as well as results related to the objective Market, is provided. The review evaluates the Market in North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East on a local and country-by-country basis. The Market in each region is thoroughly investigated, enabling for the identification of regional Market trends, restrictions, and development opportunities.
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