Game-Based Learning Market Trends and Forecasting Growth for 2023-2031 | (CAGR) of 17.4%

The “Game-Based Learning Market” 2023-2031 Research Report affords qualitative and quantitative insights into the principal drivers, constraints, opportunities, and challenges influencing world markets growth. The find out about offers complete statistical market records on the leading players, as nicely as income predictions. This market lookup additionally presents statistics on the income boom of numerous regional and country-level markets, as properly as the opposition panorama and unique organization analyses for the projected period. The Game-Based Learning Market Report covers potential improvement drivers as properly as the modern-day kingdom of market share, penetration of a number of kinds, technologies, applications, and areas thru 2031.

The global game-based learning market revenue was around US$ 16.2 billion in 2021 and is estimated to reach US$ 68.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 17.4% during the forecast period from 2022 to 2030.

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Game-based learning refers to gameplay that has predetermined learning objectives. It describes a learning environment created by teachers; students explore relevant game elements as part of a method of instruction. To enrich and broaden the game-playing experience, teachers and students work together. Learning through repetition, failure, and achieving objectives is the fundamental idea behind game-based learning.

Factors Influencing Market Growth

– Artificial Intelligence (AI), Augmented Reality (AR), the launch of 5G, the development of unlimited data plans, and other technological advancements in the gaming industry are some of the factors that are fueling the growth of the game-based learning market.

– Globally increasing smartphone and internet adoption fuels market expansion.

– The expansion of the game-based learning market is anticipated to be greatly aided by the emergence of cloud deployment.

– The cost of implementing game-based learning systems is predicted to impede market expansion.

Study of the COVID-19 Pandemic

People are compelled to stay indoors because of strict regulations enforced by the government. Global game-based learning adoption resulted from this. The game-based learning market was positively impacted by the COVID-19 pandemic. Additionally, the COVID-19 pandemic has changed the educational sector’s working model by emphasizing online working methods, opening up a profitable market for e-learning. After the pandemic outbreak, developed countries like the United States, China, Italy, and others were among the first to adopt game-based education programs and teaching methodologies, resulting in a higher investment scenario for the educational technology market.

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Regional Insights

North America dominated the game-based learning market in 2021 and is anticipated to continue during the forecast period. This is due to a variety of factors, including the adoption of game-based learning among youths, internet usage, and economic growth. Additionally, the increasing number of game-based learning vendors in the United States and Canada is anticipated to open up attractive market potential.

Asia-Pacific region is predicted to experience significant growth during the forecast period due to a large number of small and medium-sized organizations turning to game-based learning solutions to effectively manage their education systems, especially in developing nations like India, China, and South Korea.

Leading Competitors

The leading competitors in the global game-based learning market are:

– Allen Communication Learning Services
– Centrical
– Cisco Systems Inc.
– Cognitive Toybox Inc.
– Duolingo
– EI Design Pvt Ltd
– ELM Learning
– Filament Games
– Gametize
– G-Cube
– Hurix Digital
– Learnbrite
– Learning Pool
– Schell Games
– StratBeans Consulting Pvt Ltd
– The Performance Development Group
– Toolwire Spaces Learning
– Others

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Segmentation Analysis

The global game-based learning market segmentation focuses on Component, Deployment Model, Game Type, Industry Vertical, and Region.

Segmentation based on Component
– Solution
– Services
Segmentation based on Deployment Model
– On Premise
– Cloud

Segmentation based on Game Type
– AR VR games
– AI-based games
– Location-based games
– Assessment and evaluation of games
– Training, knowledge and skill-based games
– Language learning games
– Others
Segmentation based on Industry Vertical
– Consumer
– Education
– Government
– Enterprises
Segmentation based on Region

North America
– The U.S.
– Canada
– Mexico
– Europe
Western Europe
– The UK
– Germany
– France
– Italy
– Spain

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– Rest of Western Europe
Eastern Europe
– Poland
– Russia
– Rest of Europe
Asia Pacific
– China
– India
– Japan
– Australia & New Zealand
– ASEAN
– Rest of Asia Pacific

Middle East & Africa (MEA)
– UAE
– Saudi Arabia
– South Africa
– Rest of MEA

South America
– Brazil
– Argentina
– Rest of South America

Table of Content:

• Report Overview
• Global Growth Trends
• Competition Landscape by Key Players
• Data Segments
• North America Market Analysis
• Europe Market Analysis
• Asia-Pacific Market Analysis
• Latin America Market Analysis
• Middle East & Africa Market Analysis
• Key Players Profiles Market Analysis
• Analysts Viewpoints/Conclusions
• Appendix

Game-Based Learning Market Research Report Scenario includes:

>The report provides qualitative and quantitative trends of global Game-Based Learning Market across type, type of products, service, and geography.

>The report starts with the key takeaways, highlighting the key trends and outlook of the global Game-Based Learning Market.

>Provides the research methodology of the study.

>Further provides PEST analysis for each region.

>Highlights the key industry dynamics in the Game-Based Learning Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.

>Discusses the global Game-Based Learning Market scenario, in terms of historical market revenues, and forecast till the year 2031.

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