PUBLISHER: TechNavio | PRODUCT CODE: 1275475
PUBLISHER: TechNavio | PRODUCT CODE: 1275475
Technavio has been monitoring the racing games market and is forecast to grow by USD 12752.05 mn during 2022-2027, accelerating at a CAGR of 11% during the forecast period. Our report on the racing games market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased internet penetration, frequent launch of new games, and increased funding and investment.
Technavio's racing games market is segmented as below:
By Type
By Application
By Geography
This study identifies the VR revolutionizing the gaming industry as one of the prime reasons driving the racing games market growth during the next few years. Also, the surge in the adoption of cloud-based gaming applications and an increasing number of strategic partnerships and acquisitions will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading racing games market vendors that include Aquiris Game Studio, Bongfish GmbH, CREATIVE MOBILE TECHNOLOGIES LLC, Electronic Arts Inc., Embracer Group AB, Fingersoft, Hasbro Inc., Microsoft Corp., Modern Times Group MTG AB, Motorsport Games Inc, Motorsport Simulations, LLC, NEXON Co Ltd., Nintendo Co. Ltd., RaceRoom Entertainment AG, Shanab Games, Take Two Interactive Software Inc., Tencent Holdings Ltd., Ubisoft Entertainment, Vector Unit, and Vivendi SE. Also, the racing games market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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