According to a comprehensive research report by Market Research Future (MRFR), “Global Gaming Market information by Device Type, by Game Type, Gamer Type and Region – forecast to 2030”. The global gaming industry is projected to garner fabulous traction by 2030, expanding at 13.19% CAGR during the assessment period (2021-2030). In 2020, the market valuation was settled at USD 546.99 Billion.
Metaverse would Drive Investments and VR Sales
The increasing uptake of different gaming platforms by various organizations for recreational / entertainment purposes would foster the market share. Additionally, extensive usages of racing games in healthcare sectors to help patients indulge and encourage social interaction are anticipated to define the growing landscape of the market.
The gaming market is predominantly driven by the advent of 5G technology and the rising popularity of competitive games and numbers of gamers. Besides, extensive online games in the education and media & entertainment sectors have allowed the market to perceive high growth in recent years. The rising uptake of gaming in commercial and personal uses impacts the gaming market shares.
Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/10768
Gaming Industry Trends
The gaming industry is emerging as the new social media, becoming more immersive, engaging, and viable networking and community building. With artistically curated virtual interaction, potential to capture youngsters’ imagination & attention, the gaming industry grew to new frontiers.
Social media platforms are breaking patterns and rambling to offer farraginous features that can boost monetization and live streaming, broadening avenues for social interactions to a level unimaginable. The gaming industry once merely served as a niche market now brings together gaming and socializing, giving grounds to the rise of the next new social media.
Gaming companies are working on transcending the gaming environment with its highly social environments, encouraging collaboration, and conversation & real-life connections. Text and voice chat features take center stage in the gaming experience, allowing gamers to connect with gaming communities worldwide. Plat-to-earn will become a more viable business model. Publishers might use blockchain tech to facilitate secure and legitimized player-to-player trading in a centralized game environment.
Some of the gaming trends to watch in 2022 are; Metaverse proliferation would drive investments and VR sales. Apple and Google would start opening their closed ecosystems. Game IP value would spike as transmedia becomes more relevant. Publishers would be putting more emphasis on building new game-related IP and crossing game IP into other media in 2022 and beyond. And gamers will have more choices.
Gaming Market Segmentation
Based on Device Type
- PC
- Browser PC Games
- Downloaded PC Games
- Console
- Xbox
- Play Station
- Nintendo Switch
- Others
- Mobile
- Tablet Smartphone
Based on Game Type
- Real-time strategy (RTS)
- Role-playing (RPG)
- Multiplayer online battle arena (MOBA)
- Sandbox
- Shooter (FPS and TPS)
- Simulation and Sports
- Others
Based on Gamer Type
- Casual Gamer
- Professional Gamer
Key Players Active in The Gaming Market Are:
- Sony Corporation (Japan)
- Microsoft Corporation (US)
- Bandai Namco Entertainment Inc. (Japan)
- Take-Tow Interactive Software Inc. (US)
- Nexon Company (Japan)
- Activision Blizzard Inc. (US)
- Nintendo Co. Ltd. (Japan)
- Ubisoft Entertainment SA (France)
- Square Enix Holdings Co. Ltd. (Japan)
- Tencent Holdings Ltd. (China)
- EPIC Games (US)
- Interactive Entertainment (US)
- Electronic Arts (US)
- NetEase Inc. (China)
- Sega Games Co. Ltd. (Japan)
Get Complete Report Details @ https://www.marketresearchfuture.com/reports/gaming-market-10768
Gaming Industry Recent development
The gaming industry has seen a number of exciting developments over the last few years. One of the most notable of these is the rise of competitive gaming, or esports, which is now a multi-billion dollar industry. The introduction of virtual and augmented reality technology has also been a major development in the gaming industry, with VR and AR titles offering players a more immersive gaming experience. In addition, cloud gaming has become increasingly popular with gamers, allowing them to stream games to their devices without having to download or install them. Finally, the growth of mobile gaming has been a major factor in the industry's success, with mobile devices providing an easy and convenient way for gamers to access their favorite games.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: [email protected]
Website: https://www.marketresearchfuture.com
Follow Us- https://www.linkedin.com/showcase/ict-mrfr/
