Pc Games Market Opportunity, Demand, Recent Trends, Major Driving Factors And Business Growth Strategies 2035
The global PC games market reached a value of nearly $28,733.3 million in 2019, having declined at a compound annual growth rate (CAGR) of -0.56% since 2015. The market is expected to grow at a CAGR of 0.26% to nearly $29,029.1 million by 2023, to $29,194.4 million in 2025 at a CAGR of 0.28% and to $29,661.5 million in 2030 at a CAGR of 0.32%. Market size in the historic period was supported by the rise in disposable incomes, increase in in-game purchases and freemiums offerings, and rising numbers of live streamers and gaming influencers.
The Key drivers of the pc games market include:-
Cross-Platform Publishing And Play - Companies in the PC games market are launching games which are cross-platform publishing and play, and make gaming more flexible for users. Cross-platform publishing gives players the ability to play the same video games on different platforms through progress retention. Similarly, cross-platform play is a characteristic of a video game which enables gamers to use different gaming platforms such as console, mobile and PC to play with each other simultaneously. In many cases, these cross-platform games are restricted within the respective publisher’s platforms.
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PC Games Market Segmentation:-
1. Online microtransaction
The Online microtransaction games market was the largest segment of the PC games market, accounting for 83.48% of the total in 2019. It was followed by digital games, and physical games. Going forward, the Online microtransaction games segment is expected to be the fastest growing segment in the PC games market.
By Type Of Genre
4. Role Playing
The action games was the largest segment of the PC games market by application, accounting for $7,874.0 million or 27.4% of the total market in 2019. The shooter games market is expected to be the fastest-growing segment going forward at a CAGR of 0.33%.
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Some of the major key players involved in the pc games market are
1. Tencent Holdings Limited
2. Activision Blizzard, Inc.
3. NetEase, Inc.
4. Sony Corporation
5. Electronic Arts Inc.
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