Game Console Market Growth Opportunity 2028 – Microsoft Corporation, Valve Corporation, Nvidia, PlayJam, Nintendo Co

0

Emerging research logo

Expanding gaming industry and increasing investment by market players are key drivers for market revenue growth

Game console market size – USD 36.17 billion in 2020, market growth – at a CAGR of 5.1%, market trends – increasing number of video game players”

— Emerging research

VANCOUER, BC, CANADA, July 12, 2022 /EINPresswire.com/ — The global game console market size is expected to reach USD 54.21 billion in 2028 and register a CAGR of 5.1% during the forecast period . The revenue growth of the global game console market is driven by factors such as growth in gaming culture, high demand for video games and increasing demand for advanced wireless technologies such as Bluetooth 5.0 and W -Fi. Game consoles are growing in popularity due to features such as high definition (HD) display and intricate graphics.

Producers of hugely popular game consoles like PlayStation have revealed their aim to expand their console gaming market share. Due to continued dedication to the PlayStation brand, a growing following of female gamers, and expansion outside of North America, Europe, and Japan, the company believes the PS5 will outperform the immensely popular PS4.

Top Key Players: Microsoft Corporation, Valve Corporation, Nvidia Corporation, PlayJam, Nintendo Co. Ltd., BlueStacks, OUYA Inc., Sony Computers Entertainment Inc., Sega and Atari.

sample copy of Global Game Consoles market report visit @ https://www.emergenresearch.com/request-sample/725

The Game Consoles Market report contains an in-depth analysis of historic, current, and forecast revenue for each vertical, segment, end-use industries, applications, and regions. The pandemic has dynamically affected all aspects of life globally, along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with the current and future assessment of the impact of COVID-19. The report includes historical data, company overview, financial status and necessary information about the new key players in the market.

Some highlights of the report

Revenue from wearable devices segment is expected to grow at a steady rate during the forecast period. This growth is mainly due to the fact that these devices allow players to play games anywhere and even without an Internet connection.

Among other end-use segments, residential segment revenue is expected to register a rapid CAGR during the forecast period. The covid-19 pandemic has helped to further drive the growth of this segment as more and more people are gaming while following orders from home.

Among other platform segments, revenue from desktop/laptop segment is expected to register rapid growth during the forecast period.

Asia-Pacific is expected to generate a robust double-digit revenue CAGR over the forecast period. Countries like Japan, South Korea, China, and Australia are major gaming hotspots, and the demand for game consoles is relatively high among an ever-expanding base of new users.

To know more about Global Gaming Console Market report visit @ https://www.emergenresearch.com/industry-report/gaming-console-market

The revenue growth of the global game console market is mainly driven by the growing focus of large companies on expanding the product portfolio, entering new untapped domestic and international markets, increasing investments of my Key Players, Manufacturers and Suppliers of Game Consoles Market in Strategic Agreements and Contracts, and Rapidly Increasing Competition in Game Consoles Market

Emergen Research has segmented the global gaming console market based on platform, modality, application, end-use, and region:

Platform Outlook (Revenue, USD Billion; 2018-2028)
TV
desktop/laptop computer
Tablet
Mobile

Modalities Outlook (Revenue, USD Billion; 2018-2028)
Living room consoles
Portable
Hybrid

Application Outlook (Revenue, USD Billion; 2018-2028)
Shooter
Stock
Sports
Adventure
Races
Struggle
Others

End-Use Channel Outlook (Revenue, USD Billion; 2018-2028)
Residential
Commercial
Others

ORDER NOW (custom report delivered to your specific needs) @ ​​https://www.emergenresearch.com/select-license/725

Geographically, this report studies key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States

Europe

China

Japan

South East Asia

India

We can also provide custom regional or country reports for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, United Kingdom, Italy, Spain, Russia, Rest of Europe, Central and South America, Brazil, Argentina, Rest of South America, Middle East and Africa, Saudi Arabia, Turkey, Rest of Middle East and Africa

Request a Sample of this Market Research Report with Key Player Analysis

Answers to key questions in the report:

What will the Ventilator market growth rate?

What are the major factors driving the global game console market?

Who are the main manufacturers in the market?

What are the opportunities, threats and market structure of the market?

What are sales volume, revenue, and price analysis of top manufacturers in Game Console market?

Who are the distributors, traders and dealers of Game Console market?

What are the Game Console market opportunities and threats faced by the vendors in the global Game Console Industries?

What is a market analysis of sales, revenue and value by market types and applications?

Explore More Emergen @ Research Reports

advanced analytics market

https://www.emergenresearch.com/industry-report/edge-analytics-market

autonomous delivery vehicle market

https://www.emergenresearch.com/industry-report/autonomous-delivery-vehicles-market

medical device testing services market

https://www.emergenresearch.com/industry-report/medical-devices-testing-services-market

human microbiome modulators market

https://www.emergenresearch.com/industry-report/human-microbiome-modulators-market

spinal fusion devices market

https://www.emergenresearch.com/industry-report/spinal-fusion-devices-market

soil monitoring market

https://www.emergenresearch.com/industry-report/soil-monitoring-market

About Us:

About Emergen Research

Emergen Research is a market research and consulting firm that provides syndicated research reports, custom research reports, and consulting services. Our solutions are uniquely focused on your goal of locating, targeting and analyzing changes in consumer behavior across demographics, across industries, and helping customers make smarter business decisions. We offer market intelligence research ensuring relevant and factual research across multiple sectors including health, touchpoints, chemicals, types and energy. We are constantly updating our search offerings to ensure that our clients are aware of the latest trends existing in the market.

Eric Lee
Emerging research
+91 90210 91709
[email protected]
Visit us on social media:
Facebook
Twitter
LinkedIn

Share.

About Author

Comments are closed.