Impact of COVID-19 on Gaming Market Sales, Growth and Value 2024
Posted by Ritu on February 17th, 2021
During 2020-2024 gaming market size will grow by $ 119.07 over at a CAGR of almost 12%. APAC will provide significant growth opportunities to vendors. During the forecast period the region will account for 54% of the market’s growth.
Major Key Players-
Activision Blizzard Inc., Bandai Namco Holdings Inc., CyberAgent Inc., and Electronic Arts Inc. are some of the key gaming market vendors.
Get sample illustrations from Technavio’s research report on the gaming market- https://www.technavio.com/talk-to-us?report=IRTNTR45494&type=sample&src=report
Growth in the market will be driven by factors such as the integration of blockchain technology. The introduction of the free-to-play model will also have a significant influence on the growth of the gaming market during the forecast period.
Though the market will offer several growth opportunities, factors such as regulation over loot box will also challenge the growth of the market participants.
The report provides an analysis of the market’s competitive landscape, the strategies adopted by companies to increase their market share, and the key products or services they provide. The report also analyzes the market based on segmentations such as Type (Casual gaming and Professional gaming), Geography (APAC, North America, Europe, MEA, and South America), and Platform (Online and Offline). To improve their market positions, the vendors should focus more on the fast-growing segments.
View our report page for more insights on the emerging market trends that will influence the growth of the gaming market.
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About the AuthorRitu
Joined: September 14th, 2020
Articles Posted: 26
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