Increasing penetration of internet services across the globe, coupled with easy availability of games, is the major driving factor for the gaming market growth. Furthermore, the rising inclination to shift from physical games to online games, increasing proliferation of mobile phones, availability of massively multiplayer online (MMO), and multiplayer games are also triggering the growth of the gaming market during the forecast period. Growing inclination toward high-end gaming and the increasing product development and product launches further push the demand for the gaming market.
MARKET DYNAMICS
The increasing global population, rising disposable income level leads to increased consumer spending on gaming products, and changing consumer preferences towards the adoption of more advanced gaming consoles are some of the significant factors fueling the gaming market growth. The growing popularity of games on mobile and the availability of free games is also anticipating the development of the gaming market. Moreover, the rising number of professional gamers and the growing popularity of eSports tournaments are expected to influence the gaming market demand in the coming years.
MARKET SCOPE
The "Global Gaming Market Analysis to 2028" is a specialized and in-depth study of the gaming industry with a special focus on the global market trend analysis. The report aims to provide an overview gaming market with detailed market segmentation as device, type, and geography. The global gaming market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading gaming market players and offers key trends and opportunities in the gaming market.
MARKET SEGMENTATION
The global gaming market is segmented on the basis of device, type. On the basis of device the market is segmented as console, mobile, PC and laptop. On the basis of type the market is segmented as online, offline.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global gaming market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The gaming market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting gaming market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the gaming market in these regions.
MARKET PLAYERS
The reports cover key developments in the gaming market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Gaming market are anticipated to lucrative growth opportunities in the future with the rising demand for gaming in the global market. Below mentioned is the list of few companies engaged in the gaming market.
The report also includes the profiles of key gaming companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Activision Blizzard, Inc.
- Electronic Arts Inc.
- Kabam Games Inc.
- Lucid Games Limited
- Nintendo Co., Ltd.
- Rovio Entertainment Corporation
- Take-Two Interactive Software, Inc.
- Tencent Holdings Ltd.
- Ubisoft Entertainment SA
- Zynga Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.