• Video games have become essential to our culture, social networking, and entertainment, and have been growing at a CAGR of 20 percent, reaching a market size of $8.5 billion by 2022.
• Gaming can help players acquire the desired knowledge, actionable know-how, and valuable soft skills and, at the same time, have fun.
• One skill, in particular, is fast becoming a vital cog in the wheel of every thriving industry. That skill is known as project management.
The video game industry has come a long way since the first consumer video game hardware was released in the early 1970s. In the decades since, it has become a multi-billion dollar industry, now valued at over $200 billion and growing exponentially. As gaming has become more popular, it has gone beyond a mere form of entertainment and become essential to our culture, social networking, and entertainment.
Game-based learning has seen rapid growth over the past few years, with the market size of this sector estimated to reach $8.5 billion by 2022. This is largely due to the fact that, beyond being an entertaining pastime, video games can also teach players valuable skills and knowledge that can be applied to their everyday lives. Games can be used to teach players everything from cooking skills and finance to mathematics, languages, and project management.
Project management is an increasingly important skill in today’s world, and one that is becoming a vital part of virtually every thriving industry. This is because, unlike other academic concepts, project management is more than just memorizing formulas or following rules – it requires a practical approach and the ability to think on one’s feet. As such, it has become essential for those looking to succeed in their chosen field.
Given the rise of game-based learning and its potential to teach players the skills required for successful project management, it is clear that this type of learning has a lot to offer. Not only is it fun, but it also provides the chance to gain the knowledge and soft skills needed to make a real difference in the world.