PUBLISHER: MarketLine | PRODUCT CODE: 1175376
PUBLISHER: MarketLine | PRODUCT CODE: 1175376
Global Games Software industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The games software market includes retail sales of games for domestic games consoles, handheld games consoles, mobile phones and other wireless devices; and games for PC and Mac desktop computers. Online games are excluded (e.g. Second Life). Console hardware sales are excluded. All market data and forecasts are represented as a consumer expenditure in retailers which includes sales taxes (e.g. VAT) and figures presented are in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
The global games software market had total revenues of $60.6 billion in 2021, representing a compound annual growth rate (CAGR) of 5.3% between 2016 and 2021.
The market has kept expanding in recent years, mainly driven by the uptake of video game consoles and internet connections.
The value of the global games software market grew by 3.9% in 2021.