Gaming Simulators Market by End-user, Component, Type, and Geography - Forecast and Analysis 2020-2024

  • Published: Sep 2020
  • Pages: 120
  • SKU: IRTNTR41075

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The gaming simulators market size is expected to grow by $ 8.58 bn and record a CAGR of 19% during 2020-2024.

This post-pandemic global gaming simulators market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this gaming simulators market analysis report, key drivers such as integration of vr headsets have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as gaming simulators are expensive, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Gaming Simulators Market Size be in 2020?

Gaming-Simulators-Market-Market-Size-2019-2024

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Who are the Key Vendors in the Gaming Simulators Market?

The gaming simulators market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:

 

  • 3D perception Inc.
  • CKAS Mechatronics Pty Ltd.
  • Cruden BV
  • CXC Simulations Ltd.
  • D-BOX Technologies Inc.
  • GTR Simulators Inc.
  • Guillemot Corporation SA
  • Lean Games Ltd.
  • Sony Corp.
  • The AEgis Technologies Group

 

The gaming simulators market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This gaming simulators market report further entails segmentations by End-user (Commercial and Residential), Type (Racing, Shooting, and Flight), Component (Hardware and Software), and Geographic (North America, Europe, APAC, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Gaming Simulators Market?

Gaming-Simulators-Market-Market-Share-by-Region-2019-2024

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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the gaming simulators market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The acceptance of 360-degree camera as next-generation technology in gaming simulator market will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

45% of the market’s growth will originate from North America during the forecast period. The US is the key market for gaming simulators market in the region. This report provides estimations of the contribution of all regions to the growth of the gaming simulators market size.

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What are the Key Factors Covered in this Gaming Simulators Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive gaming simulators market growth during the next five years
  • Precise estimation of the gaming simulators market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the gaming simulators market industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of gaming simulators market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The gaming simulators market growth will increase by $8577.40 million during 2019-2024.
The gaming simulators market is expected to grow at a CAGR of 18.99% during 2019-2024.
Technavio has segmented the gaming simulators market by end user (Commercial and Residential) ,type (Racing, Shooting, and Flight) , and component (Hardware and Software).
3D perception Inc., CKAS Mechatronics Pty Ltd., Cruden BV, CXC Simulations Ltd., D-BOX Technologies Inc., GTR Simulators Inc., Guillemot Corporation SA, Lean Games Ltd., Sony Corp., The AEgis Technologies Group are a few of the key vendors in the gaming simulators market.
North America will register the highest growth rate of 44.60% among the other regions. Therefore, the gaming simulators market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the gaming simulators market growth are:
  • Gaming simulators integrated with VR headsets
  • Acceptance of 360-degree camera as next-generation technology in gaming simulator market
The gaming simulators market vendors should focus on grabbing business opportunities from the commercial segment as it accounted for the largest market share in the base year.

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