Gaming Market Size Worth USD $435 Billion By 2028 | CAGR 12.1%: Zion Market Research

·5 min read

NEW YORK, Feb. 14, 2022 /PRNewswire/ -- As per study of Zion Market Research, Gaming industry garnered revenue worth nearly US$ 201 billion in 2021 and is anticipated to gain returns about US$ 435 billion by 2028.

Zion_Market_Research_Logo
Zion_Market_Research_Logo

In addition to this, Gaming Market is prognosis to record CAGR of almost 12.1% in 2022-2028. Apparently, growth of gaming market over forecast timespan is subject to rise in lockdown as a result of COVID-19 pandemic outbreak forcing people to stay indoors and turn to gaming platforms on their smartphones, console, tablets, and laptops. Apart from this, a prominent rise in usage of internet and seamless gaming experience for end-users with launch of 4G and 5G wireless network technologies will prop up expansion of gaming market. Furthermore, onset of e-sports mania has created new growth avenues for gaming business across globe. Reportedly, time spent on watching video games has also increased. Individuals including children as well as adult & millennial population are launching live game streaming videos and trying to attract large number of subscribers to their videos through tools such as YouTube. Apparently, these games help in creating creative content and produce exceptional game play moments that are shared & viewed by large number of population across globe. All these aforementioned aspects will create new growth avenues for gaming industry in upcoming years.

Get Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/gaming-market

List of Key Players Covered in the Gaming Market Report:

  • Walt Disney Co.

  • Sony Corp.

  • GungHo Online Entertainment Inc.

  • NetEase Inc.

  • Electronic Arts Inc.

  • Bandai Namco Entertainment Inc.

  • Activision Blizzard Inc.

  • Microsoft Corp.

  • CyberAgent Inc.

  • Tencent Holdings Ltd.

Ask for Customization: https://www.zionmarketresearch.com/custom/1703

Smartphone Segment To Dominate Game Type Scenario By 2028:

Rapid expansion of smartphone segment over forecast timespan can be credited to rise in use of smartphones across globe and high internet penetration even in remote areas. In addition to this, new features are added to AR, cloud gaming, and VR for improving end-user experience of gaming on smartphone. This will culminate into humungous expansion of gaming market owing to huge smartphone usage.

Get More Insight before Buying@ https://www.zionmarketresearch.com/inquiry/gaming-market

Asia Pacific Gaming Market To Retain Dominance Over 2022-2028:

Growth of gaming market in Asia Pacific zone in next six years can be credited to launching of smartphones with new embedded features by giant manufacturers in countries such as Chin, South Korea, Malaysia, Singapore, India, Japan, and Taiwan. Additionally, growing popularity of e-sports in countries such as South Korea and Taiwan will proliferate regional market growth. Reportedly, there is online streaming of games on MTV and YouTube in countries such as India. This has contributed tremendously towards regional market profit margins.

Directly Purchase a Copy of the Report @ https://www.zionmarketresearch.com/buynow/su/gaming-market

Request Pre and Post COVID-19 Impact Analysis on Businesses:

https://www.zionmarketresearch.com/custom/1703?covid19=true

Press Release For Gaming Market: https://www.zionmarketresearch.com/news/gaming-market

Browse the full "Global Gaming Market - By Game Type (Tablet, Console, Downloaded/Box PC, Smartphone, And Browser PC) And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025." Report at https://www.zionmarketresearch.com/report/gaming-market

Report Scope:

Report Attribute

Details

Market size value in 2021

USD 201 billion

Revenue forecast in 2028

USD 435 billion

Growth Rate

CAGR of almost 12.1% 2022-2028

Base Year

2020

Historic Years

2016 - 2021

Forecast Years

2022 - 2028

Segments Covered

By Product Type, By Application, and By End Use

Forecast Units

Value (USD Billion), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2022 to 2028

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Number of Companies Covered

Walt Disney Co., Sony Corp., GungHo Online Entertainment Inc., NetEase Inc., Electronic Arts Inc., Bandai Namco Entertainment Inc., Activision Blizzard Inc., Microsoft Corp., CyberAgent Inc., and Tencent Holdings Ltd.

Report Coverage

Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Customization Scope

Avail customized purchase options to meet your exact research needs.

The Global Gaming Market is segmented as follows:

By Game Type

  • Console

  • Tablet

  • Smartphone

  • Downloaded/Box PC

  • Browser PC

Browse all other Technology & Media Reports - https://www.zionmarketresearch.com/category/technology-media

Browse Other Related Research Reports from Zion Market Research

About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website
: https://www.zionmarketresearch.com/
Blog - https://zmrblog.com/

Cision
Cision

View original content:https://www.prnewswire.com/news-releases/gaming-market-size-worth-usd-435-billion-by-2028--cagr-12-1-zion-market-research-301481456.html

SOURCE Zion Market Research