Lack of awareness about the advantages & usage of serious games and unsuitable game designs hamper the market growth.

Serious games

The market is impacted by factors such as an increase in the need for better user engagement platforms across enterprises, the surge in usage of mobile-based educational games, and the significant adoption of virtual reality in training & development activities. However, lack of awareness about the advantages & usage of serious games, and unsuitable game design is anticipated to hamper the serious games market size.

Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to its high population and China being the largest consumer of learning games and tools. The LAMEA serious games market is expected to grow at the highest rate, followed by Europe, which is expected to second highest CAGR during the forecast period. LAMEA has unexplored market potential as the region is developing and has a high rate of internet penetration.

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The report segments the global serious games market on the basis of an analysis of gaming platforms, applications, industry verticals, and regions.

On the basis of gaming platforms, the smartphone segment dominated the market in 2020, contributing to more than one-third of the market. In addition, the segment is projected to manifest the highest CAGR of 19.0% during the forecast period. The report also analyzes the segments including console, PC, and others.

Based on application, the simulation and training segment held the largest share in 2020, accounting for more than one-third of the market. However, the research and planning segment is estimated to register the highest CAGR of 20.1% during the forecast period.

The global serious games industry is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the lion’s share in 2020, accounting for more than two-fifths of the market. However, the market across the LAMEA region is expected to portray the highest CAGR of 19.6% from 2021 to 2030.

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Some of the key serious games industry players profiled in the report include BreakAway, Ltd., Designing Digitally, Inc., DIGINEXT, IBM Corporation, Cisco Systems Inc., Virtual Heroes, Inc., Nintendo Co., Ltd., Promotion Software GmbH, Revelian, and Tata Interactive Systems. This study includes market share, trends, serious games market analysis, and future estimations to determine the imminent investment pockets.

Key Findings Of The Study

• On the basis of gaming platforms, in 2020 the smartphone segment dominated the serious games market size.

• Depending on the application, the simulation and training segment generated the highest revenue in 2020 of serious games market share. However, the research and planning segment is expected to exhibit significant growth during the forecast period.

• On the basis of the industry vertical segment, the education segment generated the highest revenue in 2020. However, the government segment is expected to exhibit significant growth during the forecast period.

• On the basis of region, the serious games industry was dominated by the Asia-Pacific region in 2020. However, LAMEA is expected to witness significant growth in the upcoming years.

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HashCash Consultants sustains its streak in blockchain excellence, featuring as the top blockchain development company in a global tech research firm’s rankings.

HashCash by Techresearch firm
Top Blockchain Development Company by TechResearcho

HashCash Consultants continues to cement its prominence on a global scale, adding yet another achievement to its list of multiple international accolades and recognition. The US-based blockchain development company was awarded the first spot among blockchain solutions providers in a global list compiled by the tech research firm, TechResearcho.

The tech listing featured the top global blockchain development companies based on multiple parameters, including the services offered, hourly remuneration, and more. The position reflects HashCash’s predominance in blockchain innovation and implementation. The organization develops multiple blockchain-powered B2B solutions for enterprises seeking an upgrade from legacy working infrastructures or planning to leverage business opportunities from blockchain-powered innovations like cryptocurrencies, DeFi, and more.

The organization is humbled by the global recognition and strives to work harder to prioritize innovation and deliver excellence.

HashCash CEO and noted blockchain pioneer Raj Chowdhury states, “The foundational ethos of trust and transparency, combined with a long-standing team of able professionals from diverse expert areas, enable HashCash to consistently surpass client expectations. The organization is humbled by the global recognition and strives to work harder prioritizing innovation and delivering excellence.”

HashCash integrates state-of-the-art blockchain architecture with the latest security standards and regular updates with additional round-the-clock service and maintenance support in multiple languages. The functional approach has led to successful collaborations and strategic alliances with over 100 global banks, businesses, and financial institutions.

Hashcash-designed products include white label crypto exchange, HC Net, HC Remit and HC Corporate Payments for cross-border transaction settlement, crypto payment processors, solutions for forex, banking, supply chain, crypto and NFT development, and more. The company had recently announced discounts across its white label solutions for business enterprises seeking digital transformation through blockchain.

HashCash-designed products have received global recognition and are currently being used in more than 26 countries across 6 continents. The company announced diversification plans within the Web 3.0 landscape and will enter the growing metaverse segment in the upcoming year. In recent times, the company has offered its blockchain expertise across the US, Vietnam, Singapore, and more.

The consistent proficiency in delivering the best enterprise blockchain solutions has propelled HashCash’s global growth and business partnerships. The organization hopes to make a positive impact in the worldwide scenario, built on collaboration instead of competition.

About HashCashh Consultant:

Hashcash is a global software company. HashCash Blockchain products enable enterprises to move assets and settle payments across borders in real-time for Remittances, Trade Finance, Payment Processing, and more. HashCash runs a US-based digital asset exchange, PayBito & digital asset payment processor, Billbitcoins. HashCash offers exchange and payment processor software solutions, ICO services, and customized use cases. HashCash propels advancement in technology through Blockchain1o1 programs and its investment arm, Satoshi Angels. HashCash offers solutions in AI, Big Data, and IoT through its platforms, products & services. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients around the world.

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