According to a report from Research Dive, the global gaming simulator market is projected to generate $13.378 billion in revenue from 2019 to 2026. As a result, the market will grow at a compound annual growth rate (CAGR) of 17.2% during this forecast period.
“Superior playing experience, improved performance, expanding acceptance of gaming zones, growing number of virtual training solutions, and the advent of gaming as a significant form of entertainment, are the key factors expected to contribute to the growth of the global gaming simulator market in the analysis period,” the report said. “However, poor market product penetration in emerging nations along with the high cost of gaming simulators is expected to hamper the growth of the gaming simulator market in the analysis period. On the contrary, the growing popularity of free-to-play games is expected to open up new opportunities in the global gaming simulator market.”
The Asia-Pacific market accounted for the most growth in the gaming simulator market. The Asian-Pacific gaming simulator market recently was valued at $4.0445 billion in 2018.
The shooting game sub-genre of the market is expected to experience the most growth. It is being reported that these types of games will generate $4.3982 billion throughout this analysis period.
(All information was provided by Globe Newswire)
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