The market for gamifying energy efficiency is expected to grow at a CAGR of 18.6% over the course of the forecast period. It is projected to increase in value from US$ 2,904 Mn in 2022 to US$ 15,943 Mn in 2032. Due to growing demand to adopt sustainable energy solutions in the commercial and industrial sectors, it is predicted that the adoption of energy efficiency gamification would increase.
The specialists at FMI believe that many companies are implementing IoT technologies to improve current EMS facilities. Increased advantages include knowing the precise amount of energy consumed with real-time data, helping with energy management and monitoring. This is essential for establishing the market’s potential for energy efficiency gamification trends.
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Global Energy Efficiency Gamification Market: Drivers and Restraints
The surging energy prices, government initiatives to save energy consumption, increasing overall user experience of games are driving the global energy efficiency gamification market. Also due to the ever increasing smartphones market it is easier for people to access the different kind of games that further leads to the growth of energy efficiency gamification market.
However, some restraints are hampering on the energy efficiency gamification market those are lack of awareness about these games and unpredictable effects on user behavior and attitudes.
Global Energy Efficiency GamificationMarket: Regional Outlook
Geographically, the global energy efficiency gamification market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA).
North Americais the leading region for the energy efficiency gamification market due to major adoption of gamification techniques. Asia Pacific is the next major contributor in the global energy efficiency gamification market due to growing adoption of smartphones by the individuals and growing gamification and creative innovation initiatives.
Competitive Landscape
How are the Key Market Players Changing the Look of the Energy Efficiency Gamification Market?
The energy efficiency gamification market share has low concentration due to various small and large players. The companies are introducing new solutions to earn a competitive edge during the forecast period, which is increasing the market size by forming multiple partnerships and investments.
The market players are further concentrating on continuous product enhancement with easy-to-operate features, which aids them to sustain competitiveness and raise their brand value.
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MARKET PARTICIPANTS OF THE ENERGY EFFICIENCY GAMIFICATION MARKET
- Cool Choices Inc.
- Simple Energy Inc.
- WeSpire Inc.
- Creative Roustabouts LLC
- JouleBug
- Take Charge Challenge
- Energy In Time
- myEcoNavigator
- Schneider Electric SE
Key Segments Profiled in the Energy Efficiency Gamification Market Survey
By Type:
- Education
- Action
- Analytics
By Deployment:
- Web-Based
- Mobile
- Desktop
By End User:
- Residential
- Commercial
- Industrial
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
- Europe
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
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