Latest News
Mobile Augmented Reality Market to Reach US$ 24 Bn by 2030 as Pandemic Pushes Users to More Virtual Experiences

The credit of unstoppable pace of mobile augmented reality (AR) market significantly goes to the creative industry. Inclusive of video games, live events, retail, and video entertainment, this side of business has definitely challenged mobile augmented technology, pushing it to deliver better solutions. Designed to create immersive experiences, mobile augmented reality has won a special place for game makers. Launch of sophisticated, intricately designed multiplayer games have truly utilized the real potential of solutions presented by this market.
The explosive growth of mobile augmented reality is completely attributable to unprecedented use of smartphones and tablets. From remote places to urban landscapes, mobile AR has made an enormous contribution in changing the way experience museums, office spaces, and games. Since innovations such as Google Glass, the world of mobile AR has evolved to be a part of many other sectors, changing the game for military trainings, healthcare consultations, and learning experiences.
In this light of these factors, study predicts that the global mobile augmented reality market estimated to reach US$ 3 Bn in 2020, surge at a whopping CAGR of 23.2% during the forecast period of 2020 to 2030.
Key Takeaways of Mobile Augmented Reality Market Study
- East Asia to lead the race in the global mobile augmented reality market at a CAGR of 27.2% between the forecast years of 2020 and 2030
- Gaming segment anticipated to retain its leading position with a share of 28% by the end of 2030
- Smartphones and tablets to revolutionize educational experiences with integration of mobile AR
- Services segment to leap ahead at a CAGR of 24.6% during the forecast period as AR design and development, integration and development, and support services find applications across verticals
“The mobile augmented reality market in East Asia is expected to grow at a high CAGR as sales of smartphones with AR apps remains exponential. This eliminates the need for additional hardware to support this technology, which is expected to drive the expansion of mobile AR technology in the region. Mobile augmented reality has also become the new medium for game developers to focus on creative immersive experiences to create a high value proposition for the end use, “says an analyst.
COVID-19 Proves Positive for Mobile Augmented Reality Market
The COVID-19 pandemic has deepened the chasm of economic crisis, making the global population rethink education and entertainment in many ways. With no live events to attend, cancelled sporting events, and uncertainty looming over reopening of colleges and schools, mobile augmented reality found its opening to a plethora of opportunities.
The importance of AR has also surged in healthcare consultations as medical professionals and patients are seeking safety first. Furthermore, a quantum leap in online gaming, schooling, and entertainment as artists are taking gigs online, have collectively resulted in a special demand for mobile AR. Biggest chunk is definitely consumed by the online gaming industry, which has been the strongest pillar of the entertainment during the stringent lockdowns.
According to a study, the mobile augmented reality market will grow 6%-8% by Q3 2020 in the given circumstances.
E-commerce to Enhance Demand for Mobile Augmented Reality
The growing e-commerce industry has been identified as key contributor to the increasing adoption of mobile augmented reality. Integration of mobile augmented reality by retailers to make it more accessible for customers to purchase the right item. Augmented reality helps users to view their products in 3-D, life-like projections in real-time through smartphones and tablets.
Mobile augmented reality offers retailers the opportunity to improve the consumer shopping with real-life experiences. With an augmented reality app, an e-commerce retailer can create a virtual table with a different range of products, projecting it on the customer’s living room. The growing number of purchases via mobile devices and shoppers using smartphones in-store is increasing the demand for mobile augmented reality.
Such enhancement of consumer engagement is projected to bode well of the market in the forecast period.
These insights are based on a report on Mobile Augmented Reality Market by Future Market Insights
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EveryMatrix Press Releases
OddsMatrix grows micro-market coverage with Kero Gaming integration

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OddsMatrix, EveryMatrixâs sportsbook and odds feed business, has further enhanced its premium sports content offering by partnering with micro-markets provider Kero Gaming.
The collaboration will see OddsMatrix integrate Keroâs suite of traditional and contextual football led micro markets into its sportsbook and feed coverage, with basketball, baseball, and American football to follow later this year.
These rapid micro-markets will broaden OddsMatrixâs coverage of 170,000+ monthly live betting events and 650+ bet types across its âalways-onâ sportsbook.
Kero content will supplement OddsMatrixâs existing multi-sport Fast Markets product offering sportsbook and odds feed customers real-time, instant betting options across a variety of individual game moments.
By blending its proprietary Fast Markets with Keroâs micro-betting output, OddsMatrix will further empower its growing, global tier-1 client base with a differentiated and dynamic live betting offering.
Tor Skeie, CEO, OddsMatrix, said: âIntegrating with Kero Gaming adds another layer to our comprehensive premium sportsbook and feed coverage.
âKero have been fundamental figures in the growth of micro-betting and we are thrilled to integrate their content into our âalways-onâ sportsbook.
âWeâre passionate about empowering our loyal customers with technology, tools and content that enable them to differentiate, and this partnership will help support that goal.â
Tomash Devenishek, CEO, Kero Gaming, said: âCollaborating with EveryMatrix is a natural fit for Kero, as both companies share a commitment to delivering best-in-class solutions for operators and bettors alike.
âThis partnership enables us to integrate our cutting-edge micro-betting technology with EveryMatrixâs powerful platform, creating new opportunities for engagement and excitement.â
The post OddsMatrix grows micro-market coverage with Kero Gaming integration appeared first on European Gaming Industry News.
Latest News
Dive Into the Rabbit Hole with BGamingâs Alice WonderLuck

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Rapidly Expanding Content provider takes players on a trip to Wonderland in Alice WonderLuck
Popular iGaming content provider BGaming is thrilled to announce the launch of Alice WonderLuck. Inspired by the whimsical world of Lewis Carollâs iconic novel, Alice Wonderluck invites players to conjure up some magic on the reels.
Alice WonderLuck plunges players into a vibrant reimagining of Wonderland, where a series of familiar characters are given a fresh, digital makeover. The classic taleâs creative and slightly off-kilter atmosphere has been brought to life perfectly with an enchanting soundtrack.
Adding to the slotâs immersive experience, Alice is positioned by the reels and will react to in-game events. She is on hand to support players whenever they need it, helping to drive engagement and keep them in the thick of the action.
The fantastical world of Alice in Wonderland is renowned for its mystery and surprises, and BGaming has tapped into this with the gameâs Mystery Symbol feature. The symbols can land during any base game spin, heightening anticipation and creating suspense. They can also turn into Golden Mystery symbols, triggering the Coin feature with different multipliers and Collect symbols.
At the start of the Free Spins round, players enter the Choose Card round. Here, they encounter 16 face-down cards and can turn a select number over to uncover additional features, including extra spins, low Mystery symbols, high Wilds, or multipliers.
Alice WonderLuck emphasizes player choice, offering two differently priced bonus buy features for an improved entertainment experience. For 100x their stake, players can trigger the spins with at least three extra features, and for 250x, they will be triggered with five.
Players who enjoy high stakes will also love the optional Try Your Luck game before the Free Spins game.
While many of these gameplay features may appear familiar, the beauty of Alice WonderLuck is that it provides a new perspective on them.
If the captivating gameplay isnât enough to lure players down the rabbit hole, then the gameâs powerful math model will be. Alice WonderLuck conjures up a maximum win of 10,000x of the stake and an attractive 97.00% RTP.
Yulia Aliakseyeva, Chief Product Officer at BGaming, said: âWe are all huge fans of Alice in Wonderland at BGaming and have wanted to create a slot around the theme for a long time.
The magical world of the story lends itself perfectly to online slots, and it has allowed our team to get creative with the gameplay. Weâve blended familiar features with a fresh perspective, creating an enchanting game with some brilliant winning potential.â
The post Dive Into the Rabbit Hole with BGamingâs Alice WonderLuck appeared first on European Gaming Industry News.
Latest News
Step onto the Court with âHoop Championâ A Revolutionary Basketball-Themed Game from Gaming Corps

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Gaming Corps introduces a brand new, innovative mechanic X-MY-WAY⢠in the adrenaline-fueled Hoop Champion
Gaming Corps, a publicly listed game studio based in Sweden, is proud to announce the release of Hoop Champion. This new game also marks the debut of the innovative new X-MY-WAY⢠mechanic.
Get ready for an action-packed gaming journey like no other as Gaming Corps invites players to step into the vibrant world of basketball with Hoop Champion, a revolutionary new game. Crafted for casino lovers and online gamers, this title fuses thrilling basketball action with unmatched gambling mechanics, providing a truly distinctive and exciting gameplay experience.
Hoop Champion isnât just another game, itâs a next-level experience that puts players on the court where every move counts.
Hoop Champion allows players to take charge of their gameplay through the innovative âX-MY-WAYâ mechanic. They can select their strategy, whether opting for safe midrange shots or daring high-reward three-pointers for a chance at substantial payouts. Each position on the court brings its challenges, offering different payout opportunities that keep the game engaging, similar to a real basketball experience.
With the possibility of a 1,000x multiplier, players can aim for impressive rewards. The decision lies with them: they can choose to go for the 25x multiplier right away or take a more cautious approach with smaller multipliers like 1.1x. Players have control over how their multiplier grows with just a few clicks, deciding when to cash out or continue for that big 1000x win. This adaptability and personalisation ensure that the experience fits their strategy and risk tolerance, allowing them to play at their own pace.
Connor Blinman, Head of Games at Gaming Corps said: âHoop Champion is our fresh take on a game blending skill and decision-making with good old-fashioned luck.
âThis revolutionary mix allows players to feel more involved in the gameplay, making every decision impactful and we canât wait to see how players respond to this fantastic new title from our superb games team.â
The post Step onto the Court with âHoop Championâ A Revolutionary Basketball-Themed Game from Gaming Corps appeared first on European Gaming Industry News.
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