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Global Virtual Reality In Gaming Market Is Poised To Value Over US$ 38,331.5 Million by 2027 End
The Global Virtual Reality in Gaming Market is expected to be valued at US$ 38,331.5 million by 2027, exhibiting a CAGR of 28.6% during the forecast period of 2020 to 2027, as highlighted in a report published by Coherent Market Insights.
Virtual reality is the use of computer technology to create a simulated environment using computer software and hardware technologies. VR technology has been used in many applications including entertainment and gaming. Virtual reality in gaming is referred to the use of sound and graphics technology in games where the user wears gloves, head-mounted display (HMD), and glasses as a part of their experience. There are several equipped to these devices that record the movement.
Growing digitization and advancement in technology is expected to boost the global virtual reality in gaming market growth over the forecast period
Over the years, both developed and emerging economies have witnessed massive digitization. This is complemented with advancements in technology, in order to expand the use of virtual reality devices. There are various technological advancements are expected in the near future namely wide field-of-view AR displays, transition from PC-based to standalone mobile VR devices, 5G mobile devices, and more. Such technological advancements enhance the user experience and reduce the latency up to a significant level. Hence, these factors are expected to drive growth of the global virtual reality in gaming market growth over the forecast period.
Launch of novel products can present lucrative growth opportunities for market players
Key players are focused on research and development activities, in order to expand the product portfolio and gain a competitive edge in the market. For instance, in May 2014, Electronic Arts Inc. launched EA Sports NHL 15, the first title in a new generation of hockey games. In August 2013, Nintendo Co. Ltd. introduced a 2DS handheld gaming device. The device enabled the user to play 3DS and all other games with the device. Furthermore, in February 2014, Sony Corporation launched its virtual reality headsets named HMZ- T3Q VR.
Challenges associated with user-friendly VR are expected to hamper the global virtual reality in gaming market growth over the forecast period
Despite its various advantages such as enhanced quality and realistic experience, many VR devices are not user friendly. Some of those devices are complicated to use and require adequate training long before they used for gaming experience. Manufacturers are required to provide a user-friendly device that can be operated by a layman as well. Hence, such factors are expected to hamper the global virtual reality in gaming market growth over the forecast period.
North America Trends
According to Coherent Market Insights’s study among regions, North America is expected to witness significant growth in the global virtual reality in gaming market during the forecast period. This is owing to the large presence of major VR companies across the region. Furthermore, growing investment in cutting-edge technologies is expected to propel the global virtual reality in gaming market growth over the forecast period.
Europe Trends
Europe is expected to register robust growth rate in the global virtual reality in gaming market over the forecast period. This owing to constant digitalization of various industries across the region. Furthermore, high growth of VR market in France is expected to boost the regional market growth over the forecast period.
Global Virtual Reality in Gaming Market – Impact of Coronavirus (Covid-19) Pandemic
The countries such as China and India, are play crucial role in the supply chain of virtual reality in gaming market. In the span of lockdown the supply chain in these countries mainly disturbed. Many industries were forced to close down their manufacturing site or remained operational with limited people working on the shop floor, which lowered the production capacity of factories. Further, demand for non-essential products decreased during the pandemic. This hindered the market growth during the pandemic.
Competitive Section
Key companies operating in the global virtual reality in gaming market are Electronic Arts Inc., Kaneva LLC, Nintendo Co. Ltd, Avatar Reality Inc., Sony Corporation, Oculus VR, Activision Publishing Inc., and Sega Corporation.
Key Developments
Major companies are focused on research and development activities, in order to enhance the market presence. For instance, in May 2020, Oculus VR, a subsidiary of Facebook Inc., announced that it is developing a new Quest VR headset of 90Hz for the smoother gaming experience.
Key market players are involved in collaborations and partnerships, in order to gain a competitive edge in the market. For instance, in December 2017, Sega Corporation collaborated with StarVR to introduce premium VR arcade experience in Japan.
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BGaming
Meet Some Playful Piggies and Win Big in BGaming’s Piggy Bank Hold & Win
BGaming, a popular iGaming content provider, has unveiled its latest #Entertainment slot, Piggy Bank Hold & Win, inviting players to join a lively cast of colourful piggies in a playful new release.
The game puts a fresh spin on the well-known Hold and Win mechanic, unfolding across a compact 3×3 grid enhanced by vibrant, casual-style visuals and upbeat audio.
Players aim to activate the Hold and Win bonus by landing three symbols on the middle horizontal reel. Above the reels sit three piggy characters—Green, Pink, and Blue—each capable of triggering unique features during the bonus round. As the game progresses, the piggies collect coins that land on the grid, steadily building anticipation with every spin.
Each piggy introduces a distinct mechanic: the Green Piggy can reset remaining spins back to three, the Pink Piggy applies multipliers of up to x8 to total winnings, and the Blue Piggy expands the grid to 3×5, unlocking greater win potential.
Additional features include Mystery and Collect symbols, alongside five available jackpots, with the top Royal Jackpot offering a payout of up to 2,000x the bet.
A playful detail sees a pig snout appear at the side of the grid, giving players access to Buy Bonus options. This allows instant entry into a randomised bonus round or enhanced versions with extra features.
Alex Baliukonis, Game Producer at BGaming, said, “The Hold and Win gameplay mechanic is one of the most consistently popular with players right now, and with Piggy Bank Hold and Win, we have added plenty of personality to the format.
The game’s playful design perfectly matches the fast-paced features, showing that you can add something fresh to a well-known formula without overcomplicating it, and we look forward to seeing how players engage with Piggy Bank Hold & Win.”
The post Meet Some Playful Piggies and Win Big in BGaming’s Piggy Bank Hold & Win appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Easter
Evoplay expands seasonal portfolio with a duo of new Easter games
Evoplay, the award-winning game developer, is marking the Easter season with the release of two vibrant new titles — Uncrossable Rush Eggster and 3 Bunny Pots Bonanza — combining high-energy gameplay with feature-rich mechanics.
Leading the seasonal rollout is Uncrossable Rush Eggster, the newest entry in the studio’s popular crash-style series. Players once again follow Eggwina the hen as she navigates a hectic 24-lane highway, choosing after each successful move whether to cash out or continue for bigger multipliers.
The game offers four difficulty levels, from Easy to Hardcore, alongside fully customisable autoplay settings. With unpredictable traffic patterns shaping every round, the experience delivers a dynamic risk-reward balance where no two sessions feel the same. Fast-paced gameplay and rising multipliers make it particularly appealing for players seeking quick, high-intensity sessions with a seasonal twist.
Joining the release is 3 Bunny Pots Bonanza, a slot set inside a treasure-filled bunny vault, where players spin for vibrant coins, glittering gems, and golden rewards.
At its core are Bonus Coin symbols that unlock a feature packed with multipliers, extra spins, and expanding reels through three distinct boosters. With multiple gameplay combinations and the potential to trigger the Grand Jackpot, the title offers a highly engaging experience with strong replay value and multiple paths to big wins.
Together, the two launches highlight Evoplay’s ability to blend seasonal themes with varied gameplay formats, catering to a wide spectrum of player preferences during one of the year’s most active content periods.
Ivan Kravchuk, CEO at Evoplay, said: “Easter is a great opportunity for us to explore more playful themes across different game formats.
“With Uncrossable Rush Eggster, we’ve added a seasonal twist to one of our most recognisable series, while 3 Bunny Pots Bonanza delivers a feature-rich slot packed with colour and rewarding mechanics. Together, they offer players two distinct but equally engaging ways to celebrate the season.”
The post Evoplay expands seasonal portfolio with a duo of new Easter games appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Kate Romanenko Commercial Director at Kendoo
Kendoo Accelerates with Jackpot-Driven Locomotoro
Exciting Loco Free Spins, engaging Toro Bonus, and the exhilarating VIP Express jackpot conclusion.
Kendoo, the rapidly expanding slot developer, has accelerated the launch of Locomotoro, an exciting 5×3 slot where thunderous engines and a fierce Toro drive each spin on a progression-focused adventure.
Designed to cater to every player, from casual to high-stakes, Locomotoro embodies Kendoo’s player-centric philosophy in game development. Centered on dynamic visuals, the game employs gratifying mechanics and a captivating rhythm that heightens excitement before presenting substantial wins in the VIP Express.
Central to the experience is the Toro Bonus, a Hold and Win feature that enlarges the grid from 5×3 to 5×6 when players reveal extra rows with Green Light symbols. Every Green Light unlocks a secured row and turns into a Bonus or Collect symbol, instantly enhancing the board’s worth.
When Bonus, Bonus Jackpot, and Collect symbols appear, respins are reset, and Collect symbols accumulate all active values and remain fixed, progressively leading to substantial payouts.
After all rows are freed, the following Green Light opens the Golden Gate, subsequently triggering the VIP Express at the conclusion of the feature.
In the VIP Express feature, a golden train comes in with cars loaded with rewards determined by the overall bet amount. Prizes consist of the Mini, Minor, Major, and Grand jackpots, with the Grand providing 1000x.
All VIP Express rewards are incorporated straight into the Toro Bonus amount. Moreover, gathering 30 symbols of any kind during the Toro Bonus triggers a Full Board Multiplier, which doubles the total payout of the feature.
Loco Spins introduce additional diversity, activated by three Scatter symbols to grant five Free Spins, with chances for retriggering during the round.
For players looking to access premium gameplay instantly, the Buy Feature option allows entry into the Toro Bonus for 75x the bet or the enhanced VIP Toro Bonus for 150x, with higher chances at triggering the VIP Express
Locomotoro is now available for demo and real play across all Kendoo partner platforms.
Kate Romanenko, Commercial Director at Kendoo, said: “Locomotoro is built around momentum and structured payoff. Players can feel the progression as they unlock rows, open the Golden Gate and ultimately trigger the VIP Express.
“It delivers a strong bonus climax combined with clear win progression, which makes the overall experience both satisfying and highly engaging.”
The post Kendoo Accelerates with Jackpot-Driven Locomotoro appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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