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Smartphone, Console, PC, Tablet, Handheld Controllers, Head-mounted DisplaysĬasual Gamers, Avid Gamers, Lifestyle Gamers Published annually, the report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by platform type, type, and gamer type across regions, as well as a review of key market and technology trends. The gaming market report provides an executive-level overview of the current gaming market worldwide, with detailed forecasts of key indicators up to 2030. Also, the high penetration of smartphones among people across all age cohorts contributed to market growth during the pandemic. Due to strict enforcement of stay-at-home orders by governments globally, people adopted online gaming as a way to relax and unwind themselves from long staying at home.

The COVID-19 disruptions had a positive impact on the gaming market. To Gain More Information on the Gaming Market Forecast, Download a Free Report Sample

Gaming Market Overview, 2021-30 ($ Billion) Esports events globally are witnessing significant increase in viewership that is translating into increased sales of games and gaming hardware. Rising popularity of games such as Dota 2, Counter-Strike, Fortnite, League of Legends and PUBG that are also played in major esports events are also contributing to growth of the gaming market. Furthermore, increasing investments in the field of cloud gaming is anticipated to drive growth of the gaming market over the next few years. The increasing adoption of smartphones and 5G technology is expected to bode well for market growth.

The gaming market size will be valued at $250.45 billion in 2023 and is expected to grow at a CAGR of 10.1% over the forecast period.

Download free rise of gaming revenue visualized