Digital PC Games Market Regional Insights During the Forecast Period 2020-2023
Posted by vamshi1 on September 2nd, 2020
The Business Research Company published its Digital PC Games Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Digital PC Games market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
Digital PC Games Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global digital PC games market is expected to grow from .9 billion in 2019 to about .5 billion in 2020 as people are staying at home for self-quarantine or due to lockdown and there is availability of an ample amount of free time. This has led to a surge in the demand for digital PC games as people tend to look for options to spend their leisure time indoors. The market is expected to stabilize and reach .3 billion at a CAGR of 17% through 2023.
The emergence of cloud gaming is a major trend in the digital PC games market. Cloud gaming is a disruptive platform where the provider runs the game on its servers and then streams back the display and expands the users for premium games. The advantage of streaming games from the cloud increases the number users for digital PC games as it eliminates the need for upgrading hardware.
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