The global gaming market to grow at a CAGR of 6.42% during the period 2016-2020.
Global Gaming Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from consumers spending on playing games.
According to the report, growth in global e-sports market is one of the drivers promoting growth. E-sports is an attempt to obtain the entertainment value of video games on a global scale where people can enjoy the game watching the world's best compete against one another. The sport has an ever increasing viewership with growing popularity as e-sports creates an environment for viewers to experience playing the game. e-sports on a large scale is considered to be one of the most popular sports entertainment events in the world.
The gaming market is among the fastest-growing markets in terms of the incorporation of advanced technologies. The increased adoption of virtual reality (VR) headsets is an emerging trend in the global gaming market. VR provides a simulated environment with the closest real-life experience of all devices through VR hardware and software. VR uses synchronized sound and sight with data suites through VR sensor-enabled headsets. This has increased the number of gamers who prefer VR over traditional gaming devices. These factors are expected to increase the penetration of VR headsets from 4% to 12% by 2020.
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Activision Blizzard
- Electronic Arts
- Microsoft Studios
Other prominent vendors
- GungHo Entertainment
- King Digital Entertainment
- Namco Bandai
- Square Enix
- Take-Two Interactive
- Telltale Games
- Ubisoft Entertainment
For more information about this report visit http://www.researchandmarkets.com/research/cc2wbw/global_gaming