According to the report
analysis, ‘Global Digital
Gaming Market (2017-2022)’ states that in the global digital gaming market,
there are several key players which recently functioning more positively for
leading the fastest market growth and dominating the high value of market share
around the globe during the short span of time while developing the
technologies of gaming, delivering better consumer satisfaction, decrease the
price of the product and augmented the internet services includes Activision
Blizzard, Electronic Arts, Take-Two Interactive, Ubisoft,
Zynga, Nintendo, GungHo Online, NCSoft, Sony Corporation, Microsoft Corporation and several others.
The market of the digital
gaming is speedily increasing around the globe. The escalating requirement of
the digital gaming from the social, casual and core gamers, improved the
penetration of the portable gaming devices namely smartphones and tablets and increasing
preference for the paymium and freemium subscription models have made this a
boosting market during the forecasted period. In addition, the boost of the
market is owing to an effective rise in the requirement for the freemium
subscription model. The growth in this segment can be attributed to the
overwhelming utilization of the smartphones and tablets for the gaming. The
individual in the present era comprises are foremost portion of the increasing
gaming audience. An effective trend observed in the market has been the
incorporation of the virtual technologies into gaming.
Furthermore, the augmented
proliferation of the smartphones and tablets is delivering the significant push
to the gaming market around the globe. The gaming corporates are progressively
preferring digital distribution channels over the physical distribution
channels, as the digital distribution enabled easy buy and downloading of the
digital content for the several gaming stages.
Additionally, enormous
growth in the digital gaming market is fueled principally by the increase in
the active gamers, augmented internet and smartphone dissemination, and new
technologies that advance the gaming experiences. All these will assistance the
market to reach approximately USD 272.2 Bn by 2022, increasing at a compound
annual growth rate (CAGR) of 18.97% during reviewed period of 2017-2022.
Based on the platform
segment, the Mobile gaming enlarged at an overwhelming rate in the past few years,
inhabiting the largest segment in 2017 (43%). This share is predicted to augment
further to reach 56% in 2022 due to lower entry barrier for game designers,
propagation of smartphones, and inducements for generating the higher revenues
through in-app purchases. The growth of console games will be contingent on the
launch of new generation consoles, developed advantages such as motion sensors,
processors, etc., and augmented the digital distribution. In 2017, more than
40% of the console sale happened through the digital downloads. PC games
engaged 28% of the market share in 2017, and are recently registered by serious
gamers.
Although, the Asia-Pacific
was the principal regional market for digital gaming in 2017, handling 61% of
the global market. It is also the biggest market for mobile gaming. Advancement
in the technology and speedy move of the customers from 2G to 4G have resulted
in augmented user base for digitally-downloadable gaming content, and other
live game presentations namely enormously multiplayer online (MMO) and eSports.
Augment in the customer spending on games, tall interest in eSports, AR/VR
games, and digitally downloadable content are fueling the market in North
America, which engaged a share of 20% in 2017. Funding in European gaming
firms, predominantly by Chinese attains are principally fueling the European
gaming market. Therefore, in the near years, it is anticipated that the digital
gaming will increase around the globe over the near years.
For more information on the research
report, refer to below link:
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