The report provides an in-depth analysis of the video games market and highlights key trends that will impact it. Among the key trends identified are battle royale games, Cloud gaming, Mobile gaming, and Online gambling. In addition, the report details the revenue generated from these categories. The Global Video Games Markets Report 2021-2025 includes key vendor profiles and provides insights into their production, prospects, and sustainability. The report also features a forecast for each of these segments.
Battle royale games market
The report analyzes the entire Battle Royale Games market from product to consumption. It explains the key dynamics impacting the Battle Royale Games market. The report also covers the competitive landscape and changes among the major players. It also identifies the regions where the Battle Royale Games market is booming and dominant. With this report, you can strategize your next business move! Get the report now!
The report also evaluates the current and future trends for the Battle Royale games market. It projects the global Battle Royale games market growth during the forecast period of 2021-2025. The report also discusses the key market opportunities and outlines the driving factors. There are some leading players operating in the global Battle Royale games market, including Tencent, NetEase, Epic Games, and KRAFTON.
According to the report, there will be 350 million online PC gamers by 2022. This growth will result in an increase of $17 billion in revenue, largely owing to the growth of battle royale games. In addition, the mobile gaming market in China is predicted to double in the next five years, with domestic revenues rising from $12 billion to $24.7 billion by 2022. The report also examines the battle royale games market in China, where revenues will be up to $17 billion by 2022.
Mobile gaming revenue
According to a recent global video games market report, the first half of 2021 saw revenues of $44.7 billion from mobile gaming. This is largely attributed to the popularity of mobile games and their increasing penetration rates. According to Newzoo, the top video games companies in the world will collectively earn $5 billion by 2023. Aside from that, mobile gaming has helped drive profits for many big entertainment brands.
The report analyzes trends and opportunities for game developers to improve their market position. It contains detailed market analysis of leading vendors including Electronic Arts Inc., Activision Blizzard Inc., and CyberAgent Inc., as well as GungHo Online Entertainment Inc. The report also provides market trends and challenges that are expected to drive growth. Further, the report includes an extensive discussion of the future of mobile gaming and the future of the market.
The report also highlights the strategic developments of global companies. This includes new product development, agreements, partnerships, and geographical expansion. Throughout the report, key market features are assessed including revenue, capacity utilization, gross margin, and downstream demand analysis. It also examines the key players in the Mobile Gaming industry, as well as market size and CAGR. The report is designed to provide key market statistics for decision makers and investors.
Cloud gaming revenue
Newzoo predicts that by 2021, global cloud gaming revenue will reach $2.2 billion, a growth rate of over 55%. While early cloud gaming services focused on certain regions, the market is now growing significantly thanks to new partnerships with local communications providers and Internet service providers. Nvidia’s GeForce Now will soon expand its presence in Latin America, the Middle East, and Southeast Asia. Newzoo estimates that by 2021, cloud gaming will reach a global total of 164.6 million users.
While network providers are betting on cloud gaming as a way to encourage the adoption of 5G and faster broadband, the growing demand for cloud gaming could hamper growth. Many smaller countries are not equipped with the necessary infrastructure to roll out these technologies, while more advanced nations have invested in national rollouts. In any case, this is an opportunity that is hard to ignore. However, the market’s future is looking bright for game developers.
Despite the challenges associated with the transition from traditional to cloud gaming, the future of this industry is promising. With the availability of cloud services, gamers can enjoy high-quality games without purchasing expensive hardware. The growing popularity of cloud gaming has forced companies to shift their marketing strategies and present themselves as gaming tools. Despite the difficulty of meeting demand initially, the global market for cloud gaming is expected to reach $6.5 billion by 2024, a growth rate of over 30%.
Online gambling revenue
The rise of social and mobile gaming has dramatically impacted the online gambling market. This has led to an increase in free-to-play games that are viewed as entertainment rather than a source of revenue. In addition, players can now pay to upgrade their games, purchase virtual offerings, or purchase game products. As a result, the online gambling revenue has skyrocketed. Here’s how the online gambling industry is adapting to these changes.
The gaming industry in the United States generated more than $400 billion in revenue in 2019. In fact, the combined total of brick-and-mortar casino and online gambling is expected to grow to $92.9 billion by 2023. Although the exact number of people who are actively participating in online gambling isn’t available, many sources estimate that the industry is a large one. It is legal in many countries, although some restrict the business to operators with a license, such as in Nevada.
While betting accounts for the largest segment of the online gambling market, lottery is expected to grow at the fastest rate. The market is expected to reach $76,792.7 million in 2020, growing at a 13.7% CAGR over the next five years. In the USA alone, the online gambling market is expected to grow to $8,453.8 million by 2025. In the future, online gambling revenues are expected to continue to expand at this rate, reaching nearly $100 billion by 2026.
Arcade gaming revenue
Arcade gaming revenue is expected to rise to USD 1.66 billion by 2021, with a compound annual growth rate (CAGR) of almost 2%. The Global Video Games Markets report offers a detailed analysis of the current market environment, latest trends, and the validation techniques to estimate future market potential. The report also features an in-depth competitive landscape for market participants. It also highlights the key players in the market.
The growth of the video games industry is expected to be led by Asia Pacific, with China emerging as the largest gaming market due to its unabated smartphone penetration. The market is led by Tencent Holdings Limited, one of the largest companies in the global video games industry, which is pursuing aggressive inorganic growth strategies. Its rapid growth has resulted in the growth of online video games, which also offer enhanced social interaction and community features.
The US is expected to be the second largest video game market in 2020, following China. According to the report, more than three out of four Americans play video games, and more than half of these people play on their mobile phones. Japan, Korea, and Germany round out the top five. According to the report, Japan is expected to continue growing and reach almost $19 billion in 2020. While the US and Europe are expected to grow significantly, both China and Mexico are set to have a significant share of the global video game market.
Online gambling platforms
The internet is becoming a global platform of communication, allowing merchants to offer their services in the virtual market. Over the last decade, the world’s consumers have increased their consumption of online gambling services by 28 percent. The growth of online casinos has also been attributed to the increasing awareness of new technologies. These factors are expected to fuel the market growth and increase its appeal to players. In addition, a decline in consumer disposable income may limit the market growth.
Among the segments of the online gambling market, betting accounted for the largest share. The betting segment accounted for 46.7% of the total market in 2020, followed by the lottery segment. The gaming market is expected to grow at a 17.4% CAGR during the period from 2020 to 2025, according to the research firm’s research. In addition, the market is expected to be significantly bigger in the Asia Pacific region, where the use of mobile devices has increased dramatically.
As technology continues to improve, online gambling platforms are investing in advanced technologies to cater to the demands of consumers. Artificial intelligence is one such technology, which helps online gambling platforms customize the user experience by detecting high-risk gamblers and recommending games according to their preferences. As a result, players can enjoy their gaming experience to the fullest. At the same time, these advanced technologies also help online gambling companies detect and prevent fraudulent activities.
