Gaming Console Sales By Year

The Console Gaming Market Reached New Highs in 2017

Here s a breakdown of consumer gaming spending in 2017 Spending on game consoles grew 33 YoY in 2017. Consumer spending in this category reached 14.1 billion in 2017. During the year leading The global games console market reached 41 billion in 2017 thanks largely to Nintendo s record-breaking comeback with its new Switch console. This is the best console market performance since 2011 and has halted a two year decline starting in 2014. It is still well short of 2008 where the market was worth a substantial 56 billion but The PC and console game markets will generate 29.4 billion and 33.5 billion in 2017 respectively. Asia-Pacific is by far the largest region with China expected to generate 27.5 billion or one-quarter of all revenues in 2017. Newzoo expects the global market to grow at a CAGR of 6.2 toward 2020 to reach 128.5 billion.The global Gaming Console Market size was USD 34.27 billion in 2019 and is projected to reach USD 51.15 billion by 2027 exhibiting a CAGR of 5.3 during the forecast period. The company sold around 15 million units and 17 million units of consoles during 2017 and 2018 respectively. Advancement in the controller-free gaming console is While not the towering juggernaut that the console market is the PC gaming hardware market has been showing steady growth in recent years and in 2016 reached an all-time highest Total Available Market TAM which measures the total revenue made by a kind of product across all competitors of 30 billion.. Jon Peddie Research JPR a technology market research and consulting firm announced

By. Aran Ali. With over 2.7 billion gamers worldwide in 2020 the video game industry is undergoing a renaissance. Billions of dollars are pouring in as transformations occur on multiple fronts including in mobile PC and console gaming markets. For gamers in the latter category there comes a monumental time when the cycle flips the page to Company DB New while PlayStation 4 sales in Europe reached more than 48 million units alone Revenue share of the global video game consoles market 2017-2025 by sales channel The global gaming market was valued at USD 173.7 billion in 2020 and it is expected to reach a value of USD 314.4 billion by 2026 registering a CAGR of 9.64 over 2021-2026.. Due to nationwide The advent of India s online gaming industry can be dated back to early 2000s when console and PC gaming brought several middle-income Indians on digital gaming platforms. Although the consumption was limited to a niche customer segment due to high cost of PCs and consoles it underlined the potential of online gaming in India. Until recently video game consoles faced restrictions in China. PC-client games made up as much as three-quarters of the gaming market earlier this decade but their share has declined for five straight years. As recently as 2015 PC client games still made up nearly half of all digital game revenue but in 2016 the share fell to about one

Among these the non-portable handheld gaming console market in Europe is anticipated to reach over USD 6 million in shipments by the end of 2027. Speaking of end-use scope the market is The market is projected to grow from USD 229.16 billion in 2021 to USD 545.98 billion in 2028 at a CAGR of 13.20 during the 2021-2028 period. The sudden fall in CAGR is attributable to this market s demand and growth returning to pre-pandemic levels once the pandemic is over. Large people worldwide are inclined towards gaming as one of Latin America will be the second-fastest-growing region in 2017 with a year-on-year growth rate of 13.9 . The region s 205.7 million gamers will spend a total of 4.4 billion this year making up 4.1 of global revenues. The mobile segment is the largest revenue shareholder up 34.6 year on year. This impressive growth is set to continue The gaming market was valued at 107.07 billion in 2018 is estimated to generate net revenue of approximately 180.34 billion by 2027 growing at a CAGR of 6.06 during the forecast period 2019-2027. Market growth for the industry is being driven by a set of factors which are mentioned below Games - Physical in surprise return to growth. 3 January 2018 The entertainment market reached a new all-time-high of 7.24bn in 2017 with the 8.8 sales growth in the combined music video and games sectors outpacing growth in the wider UK economy by a factor of more than four according to interim data compiled by the Entertainment

The overall market for video game software soared past 100 billion in 2017. However this is only a portion of the overall video game ecosystem. A major story over the past year has been the incredible growth in spending on game related hardware. This is not just dedicated console game systems but spending on high-end PC systems.The global gaming market is set to reach 256.97 billion by 2025. More than 2.5 billion people worldwide play games. In 2020 the console gaming market experienced its slowest growth rate since 2015. Players spent 4.5 billion on immersive games until 2020. Sony Interactive Entertainment s estimated value is 13.4 billion.Experts predict that in 2020 it will reach 165.9 billion. Since 2017 the market share of mobile gaming revenue has continually increased and research shows that it can grow by 59 before the end of 2021. However in 2019 alone mobile gaming accounted for 58.8 of the digital games market at 64.4 billion.Nintendo -- up 86 in 2017. Nintendo NTDOY 0.53 doesn t always succeed with its innovative console gaming device releases but when it does the results tend to be dramatic. This year s The Gaming Market was valued at USD 198.40 billion in 2021 and it is expected to reach a value of USD 339.95 billion by 2027 registering a CAGR of 8.94 over 2022-2027. Due to nationwide lockdowns implemented because of the COVID-19 pandemic some people turned to game platforms to pass the time. Thus these platforms attracted hundreds and

The Japanese video game market is one of the biggest and most mature video game markets worldwide expected to reach a size of almost 1.8 trillion Japanese yen by 2026.Japanese companies have The global gaming market was valued at USD 173.7 billion in 2020 and it is expected to reach a value of USD 314.4 billion by 2026 registering a CAGR of 9.64 over 2021-2026.Nintendo has a long and storied history in gaming but since the release of the original Game Boy in 1989 the company has favored a two-pronged approach with its game consoles having both a portable handheld console and a home console which connects to a TV on the market.A series of new reports from DFC Intelligence forecasts that the global market for video games is expected to grow from 67 billion in 2012 to 82 billion in 2017. This forecast includes revenue They are highly latency-sensitive devices which demand immense computational power. 166 Pages Report The cloud gaming market is estimated to be valued at USD 306 million in 2019 and is projected to reach USD 3 107 million by 2024 at a CAGR of 59.0 .

With the end of 2017 the PS4 has reached the end of its fourth full year on the market and the console seems set to begin its long decline in annual sales Fig. 1 . Advertisement That s not to Best of 2017 It was a wonderful year to be a Windows user. The year 2017 saw many of the leading PC makers including Microsoft release new or updated laptops desktops 2-in-1s and convertibles 1. Sea Limited Implied upside of 72 . Sea Limited SE 2.54 is a Singapore-based powerhouse of the digital economy with its reach expanding far beyond gaming. It has a market-leading e-commerce