Press release
Online Gaming Market Segment by Application, Product Type, Geographies and Forecast 2018-2028
With constant internet growth and technological innovation, certain markets have begun to flourish. The online gaming universe is one such market. Also known as iGaming, which was mostly common with the younger generation, nowadays, attracts people across all different ages and genders.
The online gaming market is the one in which the associated players make their moves in real time scenario, sitting at different places, connected to a server. This makes the game interesting as it add up a new behavioral response to different players at different times as the players change almost every time.
Online Gaming Market: Drivers and Challenges
Some of the drivers for the online gaming market include its popularity among people, especially among youngsters, for entertainment purpose. Also, upgrades in the gaming interface and use of new technologies such as interaction abilities in the online gaming is fueling the growth of the market. Other factors which also contribute to the growth of online gaming market are the increased spending ability of the people, growth of smartphone market, growth of mobile devices and other hardware market which are compatible for online gaming like consoles, desktops, graphic cards etc., and high speed of internet provided by the Telecoms.
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One of the restraint for online gaming market are the regulations which revolve around the online gaming market. A particular set of online games which include gambling and money are highly regularized and are looked after by some regulatory bodies which is restricting the increase of user base for the online gaming market. One other restrain for the market is the tax allocated to the manufacturer of the games after the revenue generation, restricting the growth of the online gaming market.
Online Gaming Market: Segmentation
The online gaming market can be segmented on the basis of type, player age group and region.
On the basis of type, the online gaming market can be divided into;
Mobile Games Pay-to-Play Games Free-to-Play Games Pay-in-Play Games
The segment tells about the types of online games which are available in the online gaming market.
On the basis of player age group, the online gaming market can be divided into;
Below 10 Years 11-18 Years 19-24 Years 25-34 Years 35-44 Years 45 and Above Years
The segment tells about the age group of players in online gaming market.
Online Gaming Market: Key Players
Some of the key players of Online Gaming Market are: Peak Games, Gree, Electronics Arts, Bwin. Party Digital Entertainment, King Digital Entertainment, Arkadium, Playdom, Fun Technologies, Riot Games, NCSOFT, GungHo Online, Giant Interactive, Zynga, Wargaming, Tencent, Microsoft, Sony Corp., Activision Blizzard, Ubisoft, Sega, Konami, Valve and Others.
Online Gaming Market: Regional Overview
On the basis of geography, Online Gaming market can be segmented across North America, Latin America, Western Europe, Eastern Europe, China, SEA and other APAC, Japan, and Middle East & Africa. Among various regions, the Online Gaming market in SEA and other APAC is expected to grow at a fast rate while the market will be dominated by North America in terms of value during the forecast period. North America region is expected to be followed by China and Japan.
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The report covers exhaustive analysis on:
Regional analysis for Online Gaming Market includes
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Online Gaming Market Segments
Online Gaming Market Dynamics
Historical Actual Market Size, 2012 - 2016
Online Gaming Market Size & Forecast, 2017 To 2027
Supply & Demand Value Chain
Online Gaming Market Current Trends/Issues/Challenges
Competition & Companies involved
Online Gaming Market Value Chain
Online Gaming Market Drivers and Restraints
North America Market
U.S.
Canada
Latin America Market
Mexico
Brazil
Rest of Latin America
Western Europe Market
Germany
France
U.K.
Spain
Italy
Nordic
Benelux
Rest of Western Europe
Eastern Europe Market
Poland
Russia
Rest of Eastern Europe
SEA and other APAC
Australia and New Zealand (A&NZ)
India
ASEAN
Rest of SEA and other APAC
Japan
China
Middle East and Africa Market
GCC Countries
North Africa
South Africa
Rest of MEA
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
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