openPR Logo
Press release

North America Digital Gaming Market Set for Rapid Growth and Trend And is expected to grow at a CAGR of 11.40% leading to a revenue of USD 42.79 Bn by 2023 | Current and Future Gaming Trends | Worldwide Key Players-Activision Blizzard, Electronic Arts, Ta

11-02-2018 07:52 AM CET | Science & Education

Press release from: Big Market Research

North America Digital Gaming Market Set for Rapid Growth

North America Digital Gaming Market

North America is forecasted to be one of the most prominent Digital Gaming markets in the world. Digital games has always been a popular means of entertainment for the people of the region. Even though mobile gaming is becoming very popular with the masses, console games have always held the majority of the shares of the Digital Gaming market in North America. The North America Digital Gaming market is expected to grow at a CAGR of 11.40% leading to a revenue of USD 42.79 Bn by 2023.

Get Sample Report :http://bit.ly/2EZAqZM

North America presents a very strong market with preferences for all gaming platforms- PC, mobile, and console. Most of the revenues of digital games in 2017 came from console gaming, followed by mobile and PC gaming. Mobile gaming is also gaining traction in the region as some major companies from the region like Take Two Interactive, Activision Blizzard, etc., who were previously only into PC/Online games, are entering into the mobile gaming segment. Overall the total consumer spend on video gaming has increased rapidly in the last few years at ~16.48% CAGR (2014-16) in the USA, and in Canada, digital gaming is increasingly becoming a key contributor to the countrys GDP.

Access full Report :http://bit.ly/2EZAQiO

By platforms, the market is segmented into PC games, mobile games, and console games. Among these segments, console games is the fastest growing segment, as well as the biggest revenue generator.

Do Purchase Inquiry : http://bit.ly/2EZB2yy

By countries, the market is divided into USA and Canada. USA is the highest revenue-generating country among the two.

Key growth factors
o The rise in affordability of the people of the region, where the growth in real median income of U.S. households, based on average age of family members, has increased from 3.2% to 4.3% in the 15-24 years category and from 2.9% to 5.6% in the 25-34 years category in 2014-2015, is further boosting the strong economic backbone of the economy. This is expected to result in higher expenditure on digital games in the coming years and thereby increase adoption of digital gaming.
o Also, the internet penetration in the region has reached 88% and the average time spent across digital media by an adult has increased from 2.7 hours/ day to 5.6 hours/ day (2008-2015). Therefore, these factors are driving the Digital Gaming market in the region.

Threats and key players:
o Given the factor that North America region is already a saturated market for digital games, the scope of further growth of the market is quite low. With an already high smartphone penetration in Canada (70%) and the USA (69%) (Ranked 6th and 7th in the world, respectively), the scope for massive development of the mobile gaming segment is low.
o Also, the working hours in the region are not very favourable for the growth of the market. In the U.S., 85.8% of males and 66.5% of females work more than 40 hours per week. The high working hours for the US youth may lead to a reduction in time spent on gaming.
o The key players in the North America Digital Gaming market are Activision Blizzard, Electronic Arts, Take Two Interactive, Zynga, Microsoft Corporation. etc.

Whats covered in the report?
o Overview of the North America Digital Gaming market
o Overview of different business models in digital games
o Analysis of the value chain of games and distribution channel analysis of games
o Historical, current and forecasted market size data for PC games Market, Mobile Games market and Console Games market
o Historical, current and forecasted market size data for Freemium, Pay to play, Advertising models market
o Historical, current and forecasted market size data for Shooter, Role- play Action, Sports, Strategy, Other genres market
o Historical, current and forecasted market size data for countries (U.S., Canada) market size data for Digital Gaming Market segmentations (By platforms- PC, Console, Mobile, by revenue models- Freemium, Pay to play, Advertising, By genres- Shooter, Role- play Action, Sports, Strategy, Others)
o Market Trends in North America Digital Gaming Market
o Qualitative analysis of the key drivers and challenges affecting the North America Digital Gaming Market and its segmentations (By platforms- PC, Console, Mobile, by revenue models- Freemium, Pay to play, Advertising, By genres- Shooter, Role- play Action, Sports, Strategy, Others)
o Analysis of spending for segmentation by platforms (U.S. and Canada)
o Analysis of the competitive landscape and profiles of major players operating in the market

Why buy?
o Get a broad understanding of the North America Digital Gaming Market,
o Get a broad understanding of the different business models used in digital games
o Get an understanding of how the games reach the end users from the developers
o Get country-specific market size and observations for the Digital Gaming market and its segmentations (By platforms- PC, Console, Mobile, by revenue models- Freemium, Pay to play, Advertising, By genres- Shooter, Role- play Action, Sports, Strategy, Others)
o Get specific drivers and challenges for Digital Gaming market and its segmentations (By platforms- PC, Console, Mobile, by revenue models- Freemium, Pay to play, Advertising, By genres- Shooter, Role- play Action, Sports, Strategy, Others)
o Get analysis of spending for segmentation by platforms (U.S. and Canada)
o Recognize major competitors' business and market dynamics, and respond accordingly

About Us:

Big Market Research has a range of research reports from various publishers across the world.
Our database of reports of various market categories and sub-categories would help you find
the exact report you may be looking for. We are instrumental in providing quantitative
and qualitative insights on your area of interest by bringing reports from various publishers at
one place to save your time and money. A lot of organizations across the world are gaining profits
and great benefits from information gained through reports sourced by us.

Contact:

5933 NE Win Sivers Drive,
#205, Portland, OR 97220 United States
call answer Direct:+1-971-202-1575
call answer Toll Free:+1-800-910-6452
email help@bigmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release North America Digital Gaming Market Set for Rapid Growth and Trend And is expected to grow at a CAGR of 11.40% leading to a revenue of USD 42.79 Bn by 2023 | Current and Future Gaming Trends | Worldwide Key Players-Activision Blizzard, Electronic Arts, Ta here

News-ID: 1347585 • Views:

More Releases from Big Market Research

Micro Drone Market to Witness a Pronounce Growth during 2025
Micro Drone Market to Witness a Pronounce Growth during 2025
The Global Micro Drone Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Micro Drone Market research report offers extensive research and analysis of key aspects of the global Micro Drone market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides
Lancing Device Market VALUATION TO BOOM THROUGH 2025
Lancing Device Market VALUATION TO BOOM THROUGH 2025
The Global Lancing Device Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Lancing Device Market research report offers extensive research and analysis of key aspects of the global Lancing Device market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides
VET Diagnostic Market Insights, Technology Advancements and Forecast 2025
VET Diagnostic Market Insights, Technology Advancements and Forecast 2025
The Global VET Diagnostic Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. VET Diagnostic Market research report offers extensive research and analysis of key aspects of the global VET Diagnostic market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in the market. Besides
Application Modernization Tools Market to Witness a Pronounce Growth during 2025
Application Modernization Tools Market to Witness a Pronounce Growth during 2025
The Global Application Modernization Tools Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of the Global Market. Application Modernization Tools Market research report offers extensive research and analysis of key aspects of the global Application Modernization Tools market. The report provides brief summary and detailed insights into the market by collecting data from the industry experts and several prevalent in

All 5 Releases


More Releases for Digital

Introducing Digital Sales Pro, Inc: Revolutionizing Digital Sales in the Digital …
Digital Sales Pro, Inc. is a company that helps content creators and publishers make money from content and reach a larger audience with their craft. In today's world, it can be tough for content creators and publishers to make money and connect with their audience. At, Digital Sales Pro, Inc. we understand these challenges and have created a suite of solutions that help our clients build a strong online presence, monetize
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
Introduction The healthcare industry has seen significant growth and development over the years, with technology playing a critical role in transforming patient care. One such innovative technology that has emerged in recent years is the Global Digital Twin in Healthcare Market. This technology allows healthcare professionals to create a virtual replica of a patient's physical self, enabling them to monitor and analyze patient data in real-time. The Global Digital Twin in
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
In 2021, the market for Digital Twin in Healthcare worldwide was worth $6.75 billion US dollars. AMR Group projects that the market will reach US$ 96.5 billion by 2031, growing at a CAGR of 40 percent between 2022 and 2031. Industry Overview Digital twins are virtual copies of physical objects or things that data scientist & IT professionals can use to compute simulations prior to developing and deploying the original devices. Digital
Digital Therapeutics Market, Digital Therapeutics Market Size, Digital Therapeut …
The global digital therapeutics market is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017. The market is estimated to grow with a CAGR of 20.8% during the forecast period from 2018 to 2025. North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant
Digital Advertising on Mobil Market Analysis 2019 Top Growing Companies: Adverti …
Digital Advertising on Mobil Market Digital Advertising on Mobile Market is a type of advertising that shows that mobile devices such as smart phones and tablets have wireless connectivity. For mobile devices with fewer lenses than computers or laptops, digital media formats are often the most suitable for small displays through outputs. Telephone advertising is the communication of products or services of mobile devices and consumers. Telephone announcements range from
Digital Display Market Future Growth with Worldwide Players (Digital Virgo, Digi …
Digital Display Industry 2019 Global Market 2025 research report represents the historical overview of current Market situation, size, share, trends, growth, supply, outlook and manufacturers with detailed analysis. It also focuses on Digital Display volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Display market size by analyzing historical data and future prospect. Get Sample Copy of this Report -