PUBLISHER: Lucintel | PRODUCT CODE: 1079244
PUBLISHER: Lucintel | PRODUCT CODE: 1079244
Video Game Market Trends and Forecast
The future of the global video game market looks promising with opportunities in the smartphone, tablet, PC, and console market. The global video game market is expected to reach an estimated $215.1 billion by 2027 with a CAGR of 7% from 2021 to 2027. The major drivers for this market are increasing growth of smartphones and easy availability of games on the internet.
Emerging Trends in the Video Game Market
Emerging trends, which have a direct impact on the dynamics of the industry, include development of augmented reality (AR) and virtual reality (VR) products such as head mounted displays (HMD) and head-up displays (HUD) and development of game based learning for academics and skill development.
A total of 111 figures / charts and 96 tables are provided in this 202-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of the video game market report.
Video Game Market by Segment
By Device Type [$B shipment analysis from 2016 to 2027]:
By Genre [$B shipment analysis from 2016 to 2027]:
By Platform Type [$B shipment analysis from 2016 to 2027]:
By Gamer Type [$B shipment analysis from 2016 to 2027]:
By Age Group [$B shipment analysis from 2016 to 2027]:
By Region [$B shipment analysis for 2016 - 2027]:
United States
Canada
Mexico
Germany
Russia
United Kingdom
France
Japan
China
South Korea
List of Video Game Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies video game companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the video game companies profiled in this report includes.
Video Game Market Insight
Features of Video Game Market
FAQ
Q1. What is the video game market size?
Answer: The global video game market is expected to reach an estimated $215.1 billion by 2027.
Q2. What is the growth forecast for video game market?
Answer: The video game market is expected to grow at a CAGR of 7% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the video game market?
Answer: The major drivers for this market are increasing growth of smartphones and easy availability of games on the internet.
Q4. What is the major device or application industries for video game?
Answer: smartphone will remain the largest and highest growing segment due to increasing smartphone user in emerging nations.
Q5. What are the emerging trends in video game market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include development of augmented reality (AR) and virtual reality (VR) products such as head mounted displays (HMD) and head-up displays (HUD) and development of game based learning for academics and skill development.
Q6. Who are the key video game companies?
Answer: Some of the key video game companies are as follows:
Q7. Which video game by genre segment will be the largest in future?
Answer: Lucintel forecasts that the shooter game is expected to remain the largest segment due to increasing interest towards action packed video games across all age groups.
Q8. In video game market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.