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How Metaverse Blockchain Games Market Players have Encountered Temporary Covid-19 Tailwinds; Worth Watching New Growth Cycle
Metaverse Blockchain Games Market Latest Edition Published with Forecast to 2027- Feb 9, 2022
- Casinos & Gaming
In December 2021, the South Korean Government announced the blocking of play-to-earn mobile games. As play-to-earn mobile games are gaining popularity, the regulatory is concerned that it can boost the gambling addiction among the youth and increase the chances of speculations.
According to the report, Emerging Trend of Fully Realized VR-based Metaverse in the Gaming Industry is one of the primary growth factors for the market. Increased Use of VR and Metaverse Technology in the Video Gaming to Create More Immersion in the Virtual World is also expected to contribute significantly to the Metaverse Blockchain Games market. Overall, applications of Metaverse Blockchain Games, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Game Type, such as Shooting, is boosting the Metaverse Blockchain Games market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Platform, such as Android, is boosting the Metaverse Blockchain Games market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-users, such as Players, is boosting the Metaverse Blockchain Games market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Metaverse Blockchain Games market identified that the demand is rising in many different parts of the world as "High Growth of Metaverse Games as a Social and Investment Opportunity Will Boost the Market". Furthermore, some recent industry insights like "In January 2022, Netmarble, a Korean-based online gaming giant announced the launch of around a dozen new metaverse and blockchain games. Among all newly launched games, 70% of games will use blockchain technology along with intangible assets through NFTs." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Metaverse Blockchain Games market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Metaverse Blockchain Games market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
The overall Metaverse Blockchain Games market size is calculated using market estimation process, the Metaverse Blockchain Games market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Metaverse Blockchain Games market size has been validated using both top-down and bottom-up approaches.
According to the report, Emerging Trend of Fully Realized VR-based Metaverse in the Gaming Industry is one of the primary growth factors for the market. Increased Use of VR and Metaverse Technology in the Video Gaming to Create More Immersion in the Virtual World is also expected to contribute significantly to the Metaverse Blockchain Games market. Overall,
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Metaverse Blockchain Games market identified that the demand is rising in many different parts of the world as "High Growth of Metaverse Games as a Social and Investment Opportunity Will Boost the Market". Furthermore, some recent industry insights like "In January 2022, Netmarble, a Korean-based online gaming giant announced the launch of around a dozen new metaverse and blockchain games. Among all newly launched games, 70% of games will use blockchain technology along with intangible assets through NFTs." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Metaverse Blockchain Games market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Metaverse Blockchain Games market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
The overall Metaverse Blockchain Games market size is calculated using market estimation process, the Metaverse Blockchain Games market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Metaverse Blockchain Games market size has been validated using both top-down and bottom-up approaches.
Craig Francis
PR & Marketing Manager