According to the recent study the Video Game Market is projected to reach an estimated $229 billion by 2030 from $168 billion in 2023, at a CAGR of 4.4% from 2024 to 2030. Growth in this market is primarily driven by increasing growth of smartphones and easy availability of games on the internet.
Browse 111 figures/charts
and 96 tables in this 202-page report to understand trends, opportunities and
forecast in video game market by device type (smartphone, tablet, PC, console,
and others), genre (shooter, action, sports, role-playing, adventure, racing,
strategy, and others), platform type (online and offline), gamer type (extreme
and casual), age group(age 10-20, age 21-35, age 36-50, age 51-65), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Download sample by clicking on
Video Game Market.
“Shooter game market is expected to remain the largest segment
during the forecast period.”
Based on gamer type, the
video game market is segmented into shooter, action, sports, role-playing,
adventure, racing, strategy, and others. Lucintel forecasts that the shooter
game market is expected to remain the largest segment due to increasing
interest towards action packed video games across all age groups.
“Within the video game market, the smartphone segment is expected
to remain the largest device type.”
Based on device type the
smartphone segment is expected to witness the highest growth over the forecast
period due to increasing smartphone user in emerging nations.
“Asia pacific will dominate the video game market in near future.”
Asia Pacific will remain
the largest region and it is also expected to witness the highest growth over
the forecast period due to significant improvement of broadband Internet in
this region. Growing internet has enabled a steady rise in the online video
game market, as it allow gamers to experience this well liked category of games
with a high-speed internet connection.
Sony, Tencent,
Microsoft, Netease, Activation Blizzard, Goggle, Electronic Arts, Nintendo,
Bandai Namco are among the major video game providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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