Neuro-gaming Technology Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
The Neuro-gaming Technology Market is expected to register a CAGR of 5.3% over the forecast period. Neuro-gaming technology, advanced technology in gaming, involves the utilization of brain-computer interfaces (BCI), such as electroencephalography (EEG) technology, which allows users to interact with the game without using any traditional controller. In addition to entertainment, neuro-gaming technology also solves the purpose of healthcare and people's well-being by treating brain disorders such as Attention Deficit Hyperactivity Disorder (ADHD) and Post-traumatic Stress Disorder (PTSD). Also, increased internet penetration and the proliferation of smartphones have been driving the growth of the gaming industry, owing to further growth opportunities in the market studied.
Key HighlightsThe global neuro-gaming technology market is moderately competitive due to the presence of multiple players. The players in the market are adopting strategies like product innovation, mergers, and acquisitions to expand their product portfolio, expand their geographic reach, and primarily stay competitive in the market. Some of the vendors in the market are Emotiv Inc., iMotions A/S, Qneuro Inc., and Ultraleap Ltd., NeuroSky Inc. among others.
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