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EDUCATIONAL GAMES MARKET REPORT OVERVIEW
The global Educational Games Market size expanded rapidly in 2024 and the market is projected to grow substantially by 2032, exhibiting a prodigious CAGR during the forecast period.
The current market for educational games is a pulsating and highly growing market that focuses on the learning through play concept to cover all students. These are educational games that help improve learners’ thinking abilities, cognitive styles, problem-solving skills, and, in the process, make learning fun. Technological enhancement of educational games has led to the addition of computer-based games, Internet-based games, and mobile application games, even to the extent of having games based on virtual reality. This market is due to the rising demand for new and better teaching aids coupled with the shifting mindset of society that supports the use of games in learning. The educational games market receives its impetus from schools and parents searching for ways to improve children’s results, and it expands and develops.
COVID-19 Impact: Market Growth by Pandemic due to Remote Learning
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The outbreak of COVID-19 cannot be left out of the growth journey of the educational games market since learning has shifted to remote solutions. In the wake of COVID-19 and the closure of schools and institutions in an attempt to flatten the curve, students required teaching aids for home learning, therefore propelling the demand for better-quality interactive teaching aids. This shift not only promoted market expansion but also emphasized the overall benefit of educational games in enhancing students’ performance and keeping them engaged, especially under the current unforeseeable disturbances. The importance of designing digital learning resources was revealed during the pandemic and contributed to the development of this segment.
LATEST TRENDS
"Market is growing with AI-driven personalized learning"
Market for educational games has several significant trends at the moment: the popularization of gamification of curricula, the use of AI to provide individual approaches to learning, and the growth of the share of mobile and VR games. One of the more popular trends is AI in the process of delivering learning material personalized to the student and their learning curve, or pace. This trend is also beneficial as the learning experiences are made to be adaptive and efficient, as they can respond to the needs of the learner better.
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EDUCATIONAL GAMES MARKET SEGMENTATION
By Type
Based on type the global market can be categorized into K-12 Educational Game, University Education Game, Adult Education Game & Elderly Education Game.
K-12 Educational Game: Computer games for children: K-12 educational games are aimed at students of a younger age; their activities correspond to the curriculum subjects. Such games can be used to invite learning and assist in the retention of information by making learning fun and exciting. They usually incorporate some material that is appropriate for the customer’s age and learning level in the curriculum.
University Education Game: University education games refer to games that are created for university education; these are blockbuster games for college education, the kind of education that targets adept and more profound concepts in education. The course delivery systems they use from time to time include complex, high-fidelity simulations, realistic models, case analyses, and virtual problem-solving. These games are intended to link the much-talked-about theory with practical experience.
Adult Education Game: Continuing education games are designed for adults and professionals who want to continue education, upgrade their skills, or acquire a new profession. It can be mostly oriented towards the acquisition of certain work-related competencies, the specifics of particular sectors, and the process of lifelong learning. These games incorporate the use of interactive aspects to bring learning in a rather flexible and paced-up manner.
Elderly Education Game: There are games for elderly education that are oriented at improving the functions of elderly people’s brains and giving them real fun while learning. This is usually surrounded by brainteasers, memory-challenging games, and other amusing and concise information that strengthens the brain and helps one learn for a lifetime. This means that modern generations of these games are created with functionality as well as simplicity as their main attributes.
By Application
Based on application the global market can be categorized into Quality-oriented Education & Examination-oriented Education.
Quality-oriented Education: Quality-oriented educational games are designed in such a manner that they aim at providing a better educational experience by stressing the quality improvement as a result of learning. These games are developed to be in harmony with educational standards and overall knowledge attainment. These strategies seek to bring a radical change to the learning process since they are more student-centered and focused on the growth of the learner.
Examination-oriented Education: Qualitative educational games that are developed with the view of assisting the students when it comes to examinations are usually in the form of practice questions and/or mock examination papers, as well as review materials. This is because such games are mostly played to mimic examination settings, and training is done on how to handle examinations. Their purpose is to improve students’ preparedness and assurance about the near future examinations.
DRIVING FACTORS
"Market growth is driven by tech adoption and remote learning needs"
The market for educational games is mainly influenced by the increasing adoption of technological devices for learning purposes. In today’s world, more and more schools, along with educators, use technology in the classroom. That is why there is a great need for entertaining and, at the same time, effective educational games. Its expansion has been even more propelled by the necessity for remote learning solutions because of the COVID-19 outbreak.
"Market growth is fueled by gameful learning, enhancing engagement and effectiveness"
Gaming for learning, often termed gameful thinking and practice, is a key driver for the Educational Games market growth. Incorporating such aspects as rewards, challenges, and interactivities therefore makes educational games more effective and fun to play, hence increasing the students’ motivation and chances of retaining what is learned. This approach complies with contemporary teaching paradigms that are geared towards increasing the effectiveness of student learning by increasing their level of soft interaction with their environment.
RESTRAINING FACTORS
"Market growth is limited by high development costs "
The major limitant that may be observed to affect the growth of the educational games market growth is the high costs implicated by the development of technical and appealing games. Developing training materials that are both instructive and engaging is costly in terms of support in manufacturing, designing, and developing multimedia technology, as well as hiring skilled professionals within the limited funds easily available to small developers or institutions. These costs may help increase the availability and accessibility of educational games, especially in less developed areas.
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EDUCATIONAL GAMES MARKET REGIONAL INSIGHTS
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
"North America Dominates Market Growth Due To Advanced Technology And Investment"
North America holds the largest Educational Games Market share when it comes to sales of educational games due to its comparatively developed technological infrastructure, high usage of technological products within its learning institutions, and high investment in the development of innovative solutions to learning. This sector is thus driven by the higher education level and widespread computerization in learning institutions, chiefly in the region. Also important to mention is the fact that North America, with its key game development companies and IT giants, backs up the market.
KEY INDUSTRY PLAYERS
"Market growth is driven by R&D and tech from key players"
The main trends for the development of educational games in the market are initiated and developed by key players in the industry. Large organizations use the latest technologies in their training solutions, such as artificial intelligence and virtual reality. A large amount of resources spent on R&D and collaboration with educational institutions improve the quality of games and make them cheaper, increasing the market share and stimulating the growth of the industry’s standards of educational applications.
List of Market Players Profiled
- LeapFrog Enterprises (U.S)
- Scholastic (U.S)
- The Learning Company (California)
- Neusoft (China)
- Wisedu (China)
INDUSTRIAL DEVELOPMENT
June 2024: Kahoot! Debuted a feature known as “Kahoot! Academy” for teachers to use more educational games or quizzes. This type of platform can be used to improve interactions within a learning context since it will launch complex tools for the management of a game as well as miscellaneous cooperation, thus broadening Kahoot! to present the students with the IT role in interactive learning environments.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
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Which is the leading region in the Educational Games Market?
The Asia Pacific region is the prime area for the Educational Games Market owing to the vast population in the region.
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Which are the driving factors of the Educational Games Market?
Increasing urbanization and limited living spaces, and increasing affordability and customization options are some of the driving factors of the market.
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What are the key Educational Games Market segments?
The key market segmentation that you should be aware of, which include, Based on type the Educational Games Market is classified as K-12 Educational Game, University Education Game, Adult Education Game & Elderly Education Game. Based on application the Educational Games Market is classified as Quality-oriented Education & Examination-oriented Education.
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