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Jul 28, 2022 · The video game sector is booming – and it’s tipped to keep on growing. The expansion is expected to make the global gaming industry worth $321 billion by 2026, according to PwC’s Global Entertainment and Media Outlook 2022-26. Global gaming industry revenues are expected to exceed $320 billion by 2026. Image: PwC.
Report Overview. The global video game market size was estimated at USD 217.06 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 13.4% from 2023 to 2030. The market's expansion is attributed to the ongoing trend of online gaming, the emergence of high bandwidth network connectivity, and the continuous demand for ...
- The global video game market size was estimated at USD 217.06 billion in 2022 and is expected to reach USD 242.39 billion in 2023. Read More
- The global video game market is expected to grow at a compound annual growth rate of 13.4% from 2023 to 2030 to reach USD 583.69 billion by 2030. R...
- The Asia Pacific dominated the video game market with a share of more than 48 % in 2022. This is attributable to the ever-increasing smartphone pen...
- Some key players operating in the video game market include Microsoft Corporation, Nintendo Co., Ltd., Rovio Entertainment Corporation, NVIDIA Corp...
- Key factors that are driving the video game market growth include the growing penetration of internet services coupled with the easy availability a...
Nov 14, 2022 · Video games are going for the win in 2023. After a sluggish 2022, the video gaming industry is set to unlock new levels of growth next year as more high-budget, high-profile games and next-generation consoles hit the market. In fact, 2023 is likely to be an inflection year, as long as publishers continue to drop new “triple-A games ...
May 6, 2024 · The global video games market size was valued at USD 188.73 billion in 2021 and is projected to grow from USD 199.74 billion in 2022 to USD 307.19 billion by 2029, exhibiting a CAGR of 6.3% during the forecast period. Based on the analysis, the global video game industry exhibited a growth of 24.21% in 2020 as compared to 2019.
The Gaming Market size is estimated at USD 272.86 billion in 2024, and is expected to reach USD 426.02 billion by 2029, growing at a CAGR of 9.32% during the forecast period (2024-2029). Due to nationwide lockdowns implemented because of the COVID-19 pandemic, some people turned to game platforms to pass the time.
- The Gaming Market size is expected to reach USD 272.86 billion in 2024 and grow at a CAGR of 9.32% to reach USD 426.02 billion by 2029. Read More
- In 2024, the Gaming Market size is expected to reach USD 272.86 billion. Read More
- Sony Corporation, Microsoft Corporation, Apple Inc, Google LLC (Alphabet Inc.) and Bandai Namco Entertainment Inc. are the major companies operatin...
- Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More
- In 2024, the Asia Pacific accounts for the largest market share in Gaming Market. Read More
- In 2023, the Gaming Market size was estimated at USD 249.60 billion. The report covers the Gaming Market historical market size for years: 2019, 20...
Jun 9, 2023 · The Drivers of Global Gaming Growth. The COVID-19 pandemic spurred growth in various media and technology sectors in 2020. Within media, gaming outpaced other segments with an 8% growth rate to reach $198 billion (versus TV's 1% decline to $408 billion 3 ).
Mar 1, 2024 · The video gaming industry between 2022 and 2030 is expected to enhance by 10% CAGR. In 2022, the revenue earned by the global video game industry was more than $200 billion. Online video game players under 18 years old were 2/3rd in the United States. Over the total U.S. population, around 54.2% of gamers were digital gamers in 2022.
