Lucintel Forecasts The Global Video Game Market To Grow With A Cagr Of 6.5% From 2024 To 2031

By Author: Lucintel LLC
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According to a market report by Lucintel, 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 grow with a CAGR of 6.5% from 2024 to 2031. The major drivers for this market are increasing growth of smartphones and easy availability of games on the internet.
A more than 150-page report to understand trends, opportunity and forecast in global video game market to 2031 by device type (smartphone, tablet, PC, console, and others), by genre (shooter, action, sports, role-playing, adventure, racing, strategy, and others), by platform type (online and offline), by gamer type(extreme and casual), by age group(age 10-20, age 21-35, age 36-50, age 51-65) and by region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that shooter game is expected to remain the largest segment due to increasing interest towards action packed video games across all age groups. The constantly developing graphics quality that delivers real
life like mission along with a platform to have ...
... an ultimate gaming experience, is driving the market for shooter games.
Smartphone will remain the largest and highest growing segment due to increasing smartphone user in emerging nations.
Download sample by clicking on video game market.
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 the major suppliers in the video game market.
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 to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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. +1-972-636-5056
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