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The global revenue in the 'Video Games' segment of the digital media market was forecast to continuously increase between 2024 and 2027 by in total 80.9 billion U.S. dollars (+28.65 percent).
Jul 15, 2024 · Bain & Company forecasts that global video gaming revenue will grow from $199 billion in 2022 to $307 billion by 2027. This represents a compound annual growth rate (CAGR) of 9%. What’s Driving ...
- In 2024, the Video Games market is projected to reach a revenue of US$282.30bn.
- It is expected to grow at an annual rate of 8.76% between 2024 and 2027, resulting in a projected market volume of US$363.20bn by 2027.
- By 2027, the number of users in the Video Games market is expected to reach 1,472.0m users.
- The user penetration rate is predicted to increase from 16.9% in 2024 to 18.5% by 2027.
- North America Gaming Market Analysis
- United States Gaming Market Analysis
- Canada Gaming Market Analysis
- Europe Gaming Market Analysis
- Germany Gaming Market Analysis
- Italy Gaming Market Analysis
- United Kingdom Gaming Market Analysis
- Asia Pacific Gaming Market Analysis
- China Gaming Market Analysis
- Japan Gaming Market Analysis
North America is a pivotal region in the global gaming market, characterized by high digital engagement and a mature gaming ecosystem. The region's gaming landscape is driven by technological innovations, shifting consumer preferences, and a strong culture of gaming across various demographics. The United States dominates the North American market,...
The United States gaming market size stands at USD 57 billion in 2024, solidifying its position as a powerhouse in the global gaming industry, with a diverse and expansive market. The country’s gaming ecosystem is characterized by high adoption rates across various platforms, including mobile, console, and PC gaming. The market benefits from a robu...
Canada's gaming market is experiencing significant growth, fueled by a combination of technological advancements, supportive government policies, and a thriving game development scene. The country has become an attractive hub for video game development, supported by provincial funding programs and initiatives like the Canadian Media Fund. Mobile ga...
Europe represents a diverse and dynamic gaming market, with several countries contributing significantly to the region's gaming ecosystem. The market is characterized by a strong PC and console gaming culture, alongside rapid growth in mobile gaming. Key factors driving the European gaming market include technological innovations, the rise of espor...
In 2024, video game industry revenue in Germany was estimated to be at USD 9 billion, characterized by a robust gaming culture and significant consumer spending on gaming hardware and software. The German government's increasing investment in the gaming industry, particularly in supporting start-ups and mid-size game developers, is driving market g...
Italy is emerging as the fastest-growing gaming market in Europe, with a remarkable CAGR of 12.21% projected from 2024 to 2029, outpacing other major European markets. The Italian government's commitment to digital infrastructure, exemplified by the 'Italian Strategy for Ultra-Broadband Towards the Gigabit Society,' is providing a solid foundation ...
The United Kingdom's gaming market is characterized by a thriving ecosystem of game developers, publishers, and a large, engaged gaming community. The market benefits from a strong digital infrastructure and high smartphone penetration rates. The UK government's focus on improving access to finance, skills development, and Video Games Tax Relief ha...
Asia Pacific dominates the global gaming market with a 48% gaming market share in 2024. Asian countries such as China, Japan, and South Korea lead the charge. The region's gaming industry is characterized by a strong mobile gaming segment, a thriving esports scene, and significant investments in game development and emerging technologies.
China represents the largest gaming market in Asia Pacific, with a massive user base and a rapidly evolving gaming ecosystem capturing over 50% of the APAC gaming market share in 2024. The market is driven by the flourishing demand for mobile games, thriving exports, and the development of games featuring animation characteristics. Despite regulato...
Japan's gaming market is renowned for its unique visual style and local content characteristics, which have led to the creation of a distinctive gaming industry. Console gaming plays a particularly important role in Japan, home to significant console manufacturers like Sony and Nintendo. The market is experiencing a shift towards mobile gaming, dri...
Feb 26, 2024 · Global retail e-commerce sales 2014-2027. ... Mobile gaming revenue worldwide 2016-2022, by app store; App Store and Google Play mobile game downloads worldwide 2018-2022;
Nov 5, 2024 · The Korea Creative Content Agency (KOCCA) forecasts global gaming industry revenue to hit $363.1 billion by 2027. KOCCA’s report projects nearly 30% growth for the global gaming market over the next three years. Rapid growth in gaming has seen a number of countries alter policies from indirect support to active development.
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Jan 16, 2024 · The video game industry is a titan in the global entertainment and media (E&M) sector, and it’s experiencing an unprecedented surge in popularity and profitability. Total video game revenue is projected to rise from $262 billion in 2023 to $312 billion in 2027. This growth is fueled by the industry's ability to captivate a wide audience ...
