Gamification Market to Benefit Profoundly; E-learning During Coronavirus Pandemic to Intensify Market Proceedings

By Globe Newswire On Sep 23, 2021

List of the Companies Profiled in the Market: Microsoft Corporation (US), MPS Interactive Systems Limited(India), SAP SE (Germany), BI Worldwide(US), Verint Systems(US), Hoopla Software, Inc (US), Aon plc. (CUT-E GMBH) (UK), Influitive Corporation (Canada), Mambo Solutions Ltd. (UK), Khoros, LLC(US)

The global gamification market size is expected to reach USD 37.00 billion by 2027, exhibiting a CAGR of 24.8% during the forecast period. The rising focus towards game-based learning solutions for training and recruitment processes will spur business opportunities for the market during the forecast period. Moreover, the companies are adopting gamification solutions to promote products and enhance customer relations, which, in turn, will augur well for the market in the forthcoming years, states Titled “Gamification Market Size, Share & COVID–19 Impact Analysis, By Deployment (Cloud, On-premises), By Enterprise Size (SMEs and Large Enterprises), By Application (Marketing, Sales, Product Development, Human Resource, Others) By Industry (BFSI, Retail, Government, Healthcare, Education and research, IT and Telecom, Others), and Regional Forecast, 2020-2027” the market size stood at USD 6.33 billion in 2019.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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The Report Lists the Main Companies in the Gamification Market:

Microsoft Corporation (US)
MPS Interactive Systems Limited(India)
SAP SE (Germany)
BI Worldwide(US)
Verint Systems(US)
Hoopla Software, Inc (US)
Aon plc. (CUT-E GMBH) (UK)
Influitive Corporation (Canada)
Mambo Solutions Ltd. (UK)
Khoros, LLC(US)

Market Driver:

Cumulative Investment in Immersive Technologies to Augment Market Sales

The growing investment by companies in augmented reality (AR), virtual reality (VR), and mixed reality technologies will subsequently foster healthy growth of the market during the forecast period. For instance, Amazon.com, Inc., and Walmart are utilizing the AR, VR and mixed reality technologies to revolutionize the shopping experience for customers. Similarly, numerous companies are perpetually investing in augmented reality gamification for training and learning purposes, which, in turn, will enable speedy expansion of the market. For instance, Walmart has announced its partnership with Strivr Labs, Inc. to offer training to its employees using VR technology. The training will be provided to the company’s main 200 centers across the U.S. to demonstrate employees about valuable customer service assistance. Walmart stores have around 17000 Oculus Go VR headset for conducting employee training equipped with Strivr training. In addition, the rising adoption of VR and AR technologies by eminent companies will significantly uplift the gamification market share.

The strategies adopted by companies to train employees through gamification software during the global crisis will simultaneously foster healthy growth of the market. Besides, the increasing focus on E-learning with training and learning modules for employees during COVID-19 pandemic will promote healthy adoption of gamification.

Report Scope and Segmentation:

Report Coverage	Details
Forecast Period	2020 to 2027
Forecast Period 2020 to 2027 CAGR	24.8%
2027 Value Projection	USD 37.0 Billion
Base Year	2018
Market Size in 2019	USD 6.33 Billion
Historical Data for	2016 to 2018
No. of Pages	150
Tables, Charts & Figures
Segments covered	By Deployment, By Enterprise Size, and By Application, By Industry, By Region
Growth Drivers	Adoption of Artificial Intelligence (AI) based Gamification Solutions to incentivize Market Growth
	Rising adoption of cloud-based gamification solutions by SMEs to surge the market growth
	Adoption of AR, VR and Mixed reality technologies to support in market growth

Regional Analysis:

Heavy Demand for Customized Gamification Solutions to Boost Market in North America

The market in North America stood at USD 2.72 billion in 2019 and is predicted to grow rapidly in the forthcoming years owing to the rising demand for customized gamification solutions in the region. The well-established communication networks across large enterprises will aid the development in North America. The surge in online gamers in the US and Canada will contribute positively to the market in the region. The emergence of various online gaming solutions companies in the US and Canada will further boost the revenue of the market in the region. The rising presence of customer-centric companies such as Oracle Corporation, Cisco System, Salesforce, and others in the US will promote the market in the region. The penetration of smartphones and rising internet traffic across the retail & e-commerce sectors will favor growth of the market in North America. Moreover, the implementation of marketing and customer engagement services solutions such as NBCUniversal Media, LLC, Walgreens Co., eBay Inc., Adobe Inc by major companies will consequently create growth opportunities for the market.

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Key Development:

April 2018: SAP SE announced that it has acquired Callidus Software, a sales performance management provider company. The SAP customer will get CallidusCloud customer relationship management (CRM) solution. CallidusCloud will offer an intelligent customer experience suite to the SAP customers.

Table of Content:

Introduction
- Definition, By Segment
- Research Approach
- Sources
Executive Summary
Market Dynamics
- Drivers, Restraints and Opportunities
- Emerging Trends
Key Insights
- Macro and Micro Economic Indicators
- Consolidated SWOT Analysis of Key Players
Global Gamification Market Analysis, Insights and Forecast, 2016-2027
- Key Findings / Summary
- Market Sizing Estimations and Forecasts – By Deployment
  - Cloud
  - On-premise
- Market Size Estimates and Forecasts – By Enterprise Size
  - SME’s
  - Large Enterprises
- Market Size Estimates and Forecasts – By Application
  - Marketing
  - Sales
  - Product Development
  - Human Resource
  - Others (Customer Engagement, etc.)
- Market Size Estimates and Forecasts – By Industry
  - BFSI
  - Retail
  - Government
  - Healthcare
  - Education and Research
  - IT and Telecom
  - Others
- Market Analysis, Insights and Forecast – By Region
  - North America
  - Europe
  - Asia-Pacific (APAC)
  - Middle East & Africa (MEA)
  - Latin America (LATAM)
North America Gamification Market Analysis, Insights and Forecast, 2016-2027
- Key Findings / Summary
- Market Sizing Estimations and Forecasts – By Deployment
  - Cloud
  - On-premise
- Market Size Estimates and Forecasts – By Enterprise Size
  - SME’s
  - Large Enterprises
- Market Size Estimates and Forecasts – By Application
  - Marketing
  - Sales
  - Product Development
  - Human Resource
  - Others (Customer Engagement, etc.)
- Market Size Estimates and Forecasts – By Industry
  - BFSI
  - Retail
  - Government
  - Healthcare
  - Education and Research
  - IT and Telecom
  - Others
- Market Analysis, Insights and Forecast – By Country
  - US
  - Canada
Europe Gamification Market Analysis, Insights and Forecast, 2016-2027
- Key Findings / Summary
- Market Sizing Estimations and Forecasts – By Deployment
  - Cloud
  - On-premise
- Market Size Estimates and Forecasts – By Enterprise Size
  - SME’s
  - Large Enterprises
- Market Size Estimates and Forecasts – By Application
  - Marketing
  - Sales
  - Product Development
  - Human Resource
  - Others (Customer Engagement, etc.)
- Market Size Estimates and Forecasts – By Industry
  - BFSI
  - Retail
  - Government
  - Healthcare
  - Education and Research
  - IT and Telecom
  - Others
- Market Analysis, Insights and Forecast – By Country
  - UK
  - Germany
  - France
  - Spain
  - Rest of Europe
Asia-Pacific Gamification Market Analysis, Insights and Forecast, 2016-2027
- Key Findings / Summary
- Market Sizing Estimations and Forecasts – By Deployment
  - Cloud
  - On-premise
- Market Size Estimates and Forecasts – By Enterprise Size
  - SME’s
  - Large Enterprises
- Market Size Estimates and Forecasts – By Application
  - Marketing
  - Sales
  - Product Development
  - Human Resource
  - Others (Customer Engagement, etc.)
- Market Size Estimates and Forecasts – By Industry
  - BFSI
  - Retail
  - Government
  - Healthcare
  - Education and Research
  - IT and Telecom
  - Others
- Market Analysis, Insights and Forecast – By Country
  - China
  - Japan
  - India
  - South East Asia
  - Rest of APAC
Middle East & Africa Gamification Market Analysis, Insights and Forecast, 2016-2027
- Key Findings / Summary
- Market Sizing Estimations and Forecasts – By Deployment
  - Cloud
  - On-premise
- Market Size Estimates and Forecasts – By Enterprise Size
  - SME’s
  - Large Enterprises
- Market Size Estimates and Forecasts – By Application
  - Marketing
  - Sales
  - Product Development
  - Human Resource
  - Others (Customer Engagement, etc.)
- Market Size Estimates and Forecasts – By Industry
  - BFSI
  - Retail
  - Government
  - Healthcare
  - Education and Research
  - IT and Telecom
  - Others
- Market Analysis, Insights and Forecast – By Country
  - GCC
  - South Africa
  - Rest of MEA
Latin America Gamification Market Analysis, Insights and Forecast, 2016-2027
- Market Sizing Estimations and Forecasts – By Deployment
  - Cloud
  - On-premise
- Market Size Estimates and Forecasts – By Enterprise Size
  - SME’s
  - Large Enterprises
- Market Size Estimates and Forecasts – By Application
  - Marketing
  - Sales
  - Product Development
  - Human Resource
  - Others (Customer Engagement, etc.)
- Market Size Estimates and Forecasts – By Industry
  - BFSI
  - Retail
  - Government
  - Healthcare
  - Education and Research
  - IT and Telecom
  - Others
- Market Analysis, Insights and Forecast – By Country
  - Brazil
  - Mexico
  - Rest ff Latin America

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