Gaming Simulators Market Size, Share, Industry Report, 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Gaming Simulators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global gaming simulators market grew at a CAGR of around 8% during 2015-2020. Gaming simulators refer to the hardware and software devices used for re-creating the experience of a game with real or fictional subjects. The simulators enable the gamers to experience scenarios and situations in detail and provide a fully immersive and real-world gaming experience. They are also used for training, academic, predictive and analytical purposes and use gaming panels, wheels, boxing gloves, demo guns, paddles and other components for various racing, business and war-based gaming scenarios. Gaming simulators aid in investigating critical situations, improve critical thinking, motor and social skills and deepen learning and understanding of complex concepts.

Rapid digitization of the entertainment and education industries across the globe represents one of the key factors creating a positive outlook for the market. With the rising popularity of video games, there is an increasing preference for gaming simulators as potential stress busters among young and adult consumers. In line with this, they are also widely used by auto racing organizations and automobile manufacturers to train race car drivers in real-life scenarios, thereby contributing to the market growth. Additionally, various innovations, such as the utilization of advanced cameras, sensors, virtual reality (VR) and artificial intelligence (AI) solutions in gaming simulators, are acting as other growth-inducing factors. The simulators are connected to motorized chairs that can auto-rotate to facilitate 360-degree viewing. Other factors, including increasing expenditure capacities of the consumers, along with rapid urbanization, especially in the developing economies, are anticipated to drive the market further. Looking forward, IMARC Group expects the global gaming simulators market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global gaming simulators market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, component, game type and end use.

Breakup by Component:

Hardware
Software

Breakup by Game Type:

Shooting
Fighting
Racing
Others

Breakup by End Use:

Residential
Commercial

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3D Perception Inc., CKAS Mechatronics Pty Ltd, Cxc Simulations LLC, D-Box Technologies Inc, Eleetus LLC, GTR Simulators, Hammacher Schlemmer & Company Inc., Playseats B.V., RSEAT Ltd., Sony Interactive Entertainment Inc. and Vesaro.

Key Questions Answered in This Report:

How has the global gaming simulator market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global gaming simulator market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the game type?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global gaming simulator market and who are the key players?
What is the degree of competition in the industry?