Global Gaming Market Overview:
According to the latest report by IMARC Group, titled “Gaming Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027”, The global gaming market size reached a value of US$ 184.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 314.8 Billion by 2027, exhibiting at a CAGR of 9.2% during 2022-2027.
Gaming includes playing video games or electronic games via computers, mobile phones, consoles, or other digital mediums. It offers an enhanced experience to the users with the help of wired or wireless auxiliary devices and augmented reality/virtual reality (AR/VR).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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List Of Top Gaming Companies Worldwide:
- Tencent Holdings Limited
- Sony Corporation
- Microsoft Corporation
- Apple Inc.
- Activision Blizzard, Inc.
- Google LLC
- NetEase Inc.
- Electronic Arts Inc.
- Nintendo Co., Ltd.
- Bandai Namco Holdings Inc.
Global Gaming Industry Trends:
The global market is primarily driven by the rising inclination of youth towards gaming. This, along with the increasing penetration of high-speed internet connectivity, is positively influencing the market growth.
Furthermore, the rising incorporation of 4G technology in smartphones has led to a considerable rise in the preference for attractive online interactive games, which is driving the market growth. Apart from this, the growing popularity of various online gaming championships is significantly contributing to the market growth.
Besides this, the widespread adoption of virtual reality (VR) technology by key market players is also creating a positive outlook for the market. Additionally, the rising popularity of multiplayer video games is further catalyzing the market growth.
Global Gaming Market 2022-2027 Analysis and Segmentation:
Breakup by Device Type:
- Mobiles and Tablets
Based on the device type, the market has been segmented into consoles, mobiles and tablets, and computers. Currently, mobiles and tablets account for the largest market share
Breakup by Platform:
On the basis of the platform, the market has been classified into online and offline. The offline segment holds the majority of the largest market share.
Breakup by Revenue Type:
- In-Game Purchase
- Game Purchase
The market has been categorized based on the revenue type into in-game purchase, game purchase, and advertising.
Breakup by Type:
- Adventure/Role Playing Games
- Social Games
On the basis of the type, the market has been segregated into adventure/role playing games, puzzles, social games, strategy, simulation, and others.
Breakup by Age Group:
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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