The Global Game-Based Learning Market size is expected to reach $32.6 billion by 2027, rising at a market growth of 19.6% CAGR during the forecast period.
Game-based learning is built on the idea of teaching through repetition, failure, and goal achievement. This is the foundation of video gaming. The player starts out slowly and gradually increases their abilities until they can easily navigate the most difficult levels. Well-designed games have enough challenge to keep the player interested while remaining simple enough to win.
This same technique is applied to teaching a curriculum in game-based learning. Students collaborate toward a common objective, making decisions and dealing with the repercussions of their decisions. They learn and practice the proper method to do things on a regular basis. As a result, rather than passive learning, active learning occurs.
Game traits and principles are interwoven within learning activities in game-based learning. Learning activities encourage student engagement and motivation to learn in this setting. Points systems, badges, leaderboards, discussion boards, quizzes, and classroom response systems are all part of game-based learning. Points may be rewarded academically, such as an extra week to complete an assignment after achieving a specific threshold. Students can earn badges for achieving a certain level of achievement, and classroom response systems like Kahoot or Top Hat reward engagement with points.
By incorporating video game design and components into learning environments, game-based learning tries to encourage students and arouse their interest. This strategy simplifies complex concepts while also providing an engaging and fun learning experience. In addition, it provides students’ ownership of their learning, encourages them to move to a lateral thinking approach, allows them to study diverse disciplines, and makes the learning process more viable. As a result, game-based learning has become one of the most popular educational segments in the world.
The closure of educational facilities owing to the COVID-19 epidemic leads imperatively to the utilization of technological advancements and the Internet for ensuring the continuity of learning. In this direction, Game-based Learning can be beneficial to teaching and learning as most students prefer to use their mobile devices, such as smartphones or tablets. Moreover, incorporating gaming into the educational process can boost students' motivation for learning and improve their learning outcomes.
Game-based learning has numerous potentialities for facilitating the transformation of learning and education in ways that are appropriate to address the challenges posed by the COVID-19, while also providing benefits that are relevant and long-lasting well after the pandemic has passed. Digital game-based learning and gamification, for example, are enabled by modern ICT technologies and allow for the creation of communal learning experiences that are not confined by the physical limits of a classroom.
According to figures from the International Telecommunication Union 2020, 62.6 percent of Asia's total population has internet connectivity and witnessed a growth of 2,268 percent since 2000. Due to growing disposable income, the presence of some of the world's leading players, and other conducive factors, Europe and North America are making substantial growth in innovative learning methods. The demand for game-based learning in these regions is due to the ever-growing internet penetration rates. In the same year, Africa had relatively low internet penetration than other regions. In the upcoming years, the growing number of smartphone users is likely to play a significant role in creating demand for innovative learning methods like game-based learning. According to UN, Eurostat, and other similar agencies' figures, there were approximately 5.27 billion smartphone or mobile users in the globe in 2020, accounting for approximately 67.1 percent of the population.
AR-enabled games are being developed by companies; players can use AR technologies to sketch pictures and show off their creations. The use of augmented reality and virtual reality in on-the-job training is rapidly expanding. Kentucky Fried Chicken (KFC) began its culinary training with virtual reality. The virtual reality environment can be used to train personnel without the risk of making mistakes.
Panning Slides, Vertical Parallax, Horizontal Parallax, Layered Display, and 360 interactions are examples of displays created by companies. This creates a 3D effect by displaying multiple elements of sub-topics on the same screen. To develop really engaging learning experiences, companies use a combination of 3D animation, 2D animation, augmented reality, virtual reality, original audio, and well-honed instructional design concepts to produce turnkey immersive learning solutions.
It is challenging to set up IT infrastructure in schools and businesses. They'll need to set up servers like a cloud server, a dedicated server, and a shared server, among other things. Each server has its own set of benefits and drawbacks. The expense of running a cloud server is high. Moreover, it is still not feasible for many educations as well as other institutions to incorporate game-based learning solutions in their curriculum due to the high initial investment. Corporations must also establish a software that incorporates a learning management system (LMS). Hundreds of LMS are available on the market; some are commercial, while others, like MOODLE, are open-source. It is challenging to compare the features of each LMS to their training demands and budget, and then choose the best LMS.
Based on Component, the market is segmented into Solution and Services. The Services segment garnered a significant revenue share of the Game-based Learning market in 2020. This is because these services assist end users with the development of game-based learning solutions as well as the installation, deployment, and continuing support of such solutions. Certain service providers assist end-users in developing tailored solutions for their businesses. In the game-based learning market, implementation services allow businesses to customize, install, configure, and deploy a game-based learning solution to meet their specific business needs. These services allow businesses to tailor a game-based learning solution to their specific training workflow and user hierarchy, hence enhancing the delivery and efficacy of the training.
Based on End User, the market is segmented into Education, Consumer, Healthcare, Retail & eCommerce, Government & Defense, Manufacturing, IT & Telecom, and Others. In 2020, the Education segment acquired the biggest revenue share of the Game-based learning market. In this industry, game-based learning is utilized in flashcard-type games like a duel, simulation games (Plantville), quiz games (Kahoot), interactives (Funbrain), reality testing games (chemistry VR), puzzles (crossword), and strategy games (Europa universals). Students are motivated and interested in game-based learning because it is unique. The rapid feedback that learners and educators receive as a result of the gaming technique is a significant feature that both learners and educators benefit from.
Based on Deployment Type, the market is segmented into Cloud and On-Premise. In 2020, the Cloud segment held the largest revenue share of the game-based learning market. This is because a rising number of educational institutions are inclined towards the games-based learning models on cloud platforms. This is due to the cloud platform's advantages, which include minimal implementation costs, improved performance, tailored services, and flexibility. Cloud-based deployment of game-based learning solutions is further encouraged by simpler and more effective data processing methodologies, huge storage, and easy switching between projects.
Based on Game Type, the market is segmented into Training, knowledge & skill-based Games, Assessment & Evaluation Games, AI-based Games, AR VR Games, Language Learning Games and Others. In 2020, the AI-based games segment obtained a promising revenue share of the game-based learning market. Adaptive learning – that is, learning information that automatically and constantly adapts to the learner's competence and knowledge based on their input – is one effective method artificial intelligence will supplement game-based learning. This implies synthesizing data on a player's actions, abilities, and learning styles in a game-based learning setting, then using that data to give content tailored to that individual's needs.
| Report Attribute | Details |
|---|---|
| Market size value in 2020 | USD 10.5 Billion |
| Market size forecast in 2027 | USD 32.6 Billion |
| Base Year | 2020 |
| Historical Period | 2017 to 2019 |
| Forecast Period | 2021 to 2027 |
| Revenue Growth Rate | CAGR of 19.6% from 2021 to 2027 |
| Number of Pages | 277 |
| Number of Tables | 500 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Component, Deployment Type, Game Type, End User, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2020, North America emerged as the leading region in the overall Game-based learning market. In addition, the region would showcase a similar kind of trend even during the forecasting period. In terms of end-user adoption of game-based learning solutions, North America has been a very open and competitive market. It is the most advanced region in terms of implementing a game-based learning system. Within traditional-based learning solutions, it has been particularly receptive to integrating the latest technological breakthroughs, such as integration technologies with AI, cloud, and mobile technologies. The strict government standards and regulations created for numerous industries are a primary economic factor for this region.
Free Valuable Insights: Global Game-Based Learning Market size to reach USD 32.6 Billion by 2027
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kahoot! AS, Spin Master Corp., Breakaway Games, Raptivity (Harbinger Group), StratBeans Consulting Pvt. Ltd., Schell Games, BYJU'S (Tangible Play, Inc.), Frontier Developments plc, Bublar Group AB (Vobling AB), and Recurrence, Inc.
By Component
By End User
By Deployment Type
By Game Type
By Geography
The game-based learning market size is projected to reach USD 32.6 billion by 2027.
The rise in the number of smartphone and internet users are driving the market in coming years, however, lack of IT infrastructure at schools and colleges and low internet accessibility limited the growth of the market.
Kahoot! AS, Spin Master Corp., Breakaway Games, Raptivity (Harbinger Group), StratBeans Consulting Pvt. Ltd., Schell Games, BYJU'S (Tangible Play, Inc.), Frontier Developments plc, Bublar Group AB (Vobling AB), and Recurrence, Inc.
The Solution segment acquired maximum revenue share in the Global Game-Based Learning Market by Component in 2020, thereby, achieving a market value of $23.1 billion by 2027.
The North America is fastest growing region in the Global Game-Based Learning Market by Region in 2020, and would continue to be a dominant market till 2027.
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