The gaming market is set to surge to $102.13 billion between 2022-2027, fueled by the rising popularity of AR and VR games, according to a report titled “Forecast and Analysis 2023-2027 for the Gaming Market.” Technavio, with ISO 9001:2015 certification and 16 years of experience, forecasts significant growth in the gaming market, driven by factors such as the escalating adoption of AR and VR games.
The report categorizes the market by type, platform, device, and geography, providing comprehensive insights into the gaming industry. A key driver of growth in the market is the increasing adoption of AR and VR games, which seamlessly integrate gaming content into a user’s real environment. The report also highlights the regulatory scrutiny surrounding loot boxes as a challenge hindering market growth. The APAC region is projected to contribute 53% to the overall global market growth during the forecast period.
For a complete understanding of the market, including its size, current scenario, future growth prospects, significant driving factors, latest trends, and more, the complete report is available for purchase. Additionally, readers can access a Free Sample PDF Report to uncover more key drivers, trends, and challenges in the gaming market.
Notable companies in the gaming market include Activision Blizzard Inc., Apple Inc., Bandai Namco Holdings Inc., Bowlmor AMF, Chicago Gaming Co., DeNA Co. Ltd., Electronic Arts Inc., Epic Games Inc., and GungHo Online Entertainment Inc.
