18th April 2017, Florida – The global gaming market size worth USD 162.8 Billion by 2024, growing at a CAGR of 6.4% over the period of 2017 to 2024 according to a new research study published by Ameri Research. The advent of mobile games coupled with growing portable consumer electronics penetration primarily across the developing economies of Asia Pacific and Latin America is a major factor driving market growth over the forecast period.
Leading media companies including Fox Sports, ESPN, BBC, Sky Sports and Yahoo among many others are increasingly emphasizing on the development of efficient e-sports platforms in an attempt to embrace the aging audience and around traditional sports. Companies realize the importance of gaming viewership which instigates them to lay prime focus on the development of innovative mobile and PC games.
Development of technically advanced products such as Virtual Reality (VR) to enhance the consumers’ gaming experience is another factor driving market growth significantly over the forecast period. Asia Pacific accounted for the majority revenue share in 2016 which is ascribed to the increasing mobile devices penetration coupled with large presence of mobile game adopters in the region.
Click the link below to view the report description: –https://www.ameriresearch.com/product/gaming-market-outlook-2024
Key findings from the study: –
Ameri Research has segmented the Global Gaming Market on the basis of type, gamers and region:
Gaming Market by Type (Revenue, USD Billion)
Gaming Market by Gamers (Revenue, USD Billion)
Gaming Market by Region (Revenue, USD Billion)
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