Being one of the world’s largest “market research brands” and headquartered in Dublin, the capital of Ireland, Research and Markets A research on the future of the gaming industry was conducted by. According to the report, which consists of 185 pages in total, game consoles will continue their growth trend rapidly and the market size will exceed 47 billion dollars by 2030.
Forecasts for the Global Game Console Market are Positive
By Research and Markets; “Gaming Console Market 2023It was published under the main title of ” and its content includes; “game console market size, share and trend analysis report by application (game, non-game), by product (Nintendo, Xbox), by distribution channel (online, offline), by type, by component, by region and segment forecasts, 2023 The report, which includes “-2030” information, sheds light on the future of the sector.
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According to the 185-page report; Between 2023 and 2030, the console market will continue to grow on a global basis. VR and AR technologies will also play an important role in this growth. Additionally, large-scale competitive games will also support the growth of the market. By 2030, the size of the world console market will exceed 47 billion dollars.
Nintendo Will Grow Above the Industry Average!
Some other information highlighted in the report in question about the game console market was as follows:
- Nintendo segment It is more innovative than other consoles. In this way, it has greater potential. By 2030, Nintendo will grow above the global game console market average. At this point Nintendo; Its strong portfolio of first-party games such as Super Mario, The Legend of Zelda and Animal Crossing will also play an important role.
- gaming apps It will grow rapidly until 2030. Online games will have an important share in this. Another important issue will be the cheaper and more accessible VR and AR technology.
- FortniteIn addition to the increasing accessibility and popularity of online multiplayer games such as Call of Duty and League of Legends, Esports is also becoming increasingly popular and reaching large audiences; It will support the growth of the console market.
- Asia Pacific The region will serve as the locomotive for the growth of the game console market. The increase in the population of this region, its economic development and its interest in console games; will allow it to grow above the world average.
About Research and Markets
The company, based in Dublin, the capital of Ireland, is one of the largest market researchers in the world. Research and Markets, which has carried out research studies for tens of thousands of large companies, including 450 of the world’s top 500 companies, started its activities in 2002. Ross Glover as CEO The company he sits in continues to keep his finger on the pulse of the gaming industry from time to time.
Source: https://www.researchandmarkets.com/report/game-console