Role Playing Games Market 2020 Global Insights and Business Scenario – Activision Blizzard; Nintendo Co, Ltd.; Bethesda Softworks; Electronic Arts; Square Enix

The Role Playing Games Market 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 an 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. We analyzed the impact of COVID-19 (Corona Virus) on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.

The global role playing games market reached a value of nearly $15,793.3 million in 2019, having increased at a compound annual growth rate (CAGR) of 6.84% since 2015, and is expected to grow at a CAGR of 9.22% to nearly $22,471.3 million by 2023. The market is expected to grow at a CAGR of 6.06% to nearly $25,275.4 million by 2025, and at a CAGR of 6.11% to nearly $34,001.7 million by 2030.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Role Playing Games Market: Activision Blizzard; Nintendo Co, Ltd.; Bethesda Softworks; Electronic Arts; Square Enix

Key Market Trends

Growth in the historic period resulted from rise in disposable income, in-game purchases and freemiums, live streamers and gaming influencers, and cross-platform publishing and play. Factors that negatively affected growth in the historic period were stringent regulations, stringent regulations, and overshadowing by other genres. Going forward, increasing use of internet, technically advanced platforms, and increasing gamers involvement will drive the growth. Factors that could hinder the growth of the role playing games market in the future include regulatory restrictions to curb RPG games addiction, high cost and system compatibility, and supply chain disruption due to the impact of COVID-19. The role playing games market is segmented by type of game into MMORPG, action-based role-playing games, turn-based role-playing games, puzzle-based role-playing games, and tactical role-playing games. The MMORPG market was the largest segment of the role playing games market segmented by type of game, accounting for 39.8% of the total in 2019. It was followed by action-based role-playing games, turn-based role-playing games, and Puzzle-Based. Going forward, the MMORPG segment is expected to be the fastest growing segment in the role playing games market segmented by type of game, at a CAGR of 10.7%.

The role playing games market is segmented by type of platform into PC based RPGs, mobile based RPGs, console based RPGs, and other platform based RPGs. The PC based RPGs market was the largest segment of the role playing games market segmented by type of platform, accounting for 43.9% of the total in 2019. It is also expected to be the fastest growing segment in the role playing games market, at a CAGR of 10.1%. The role playing games market is segmented by type of distribution channel into online microtransaction, digital, and physical. The online microtransaction market was the largest segment of the role playing games market segmented by type of distribution channel, accounting for 83.3% of the total in 2019. It is also expected to be the fastest growing segment in the role playing games market, at a CAGR of 9.3%. The role playing games market is segmented by type of gender into male gamers and female gamers. The male gamers market was the largest segment of the role playing games market segmented by type of gender, accounting for 54.0% of the total in 2019. The female gamers segment is expected to be the fastest growing segment in the role playing games market, at a CAGR of 10.2%.

The role playing games market is segmented by age into gamers aged below 18, gamers aged between 18 - 35 years, gamers aged between 36 - 49 years, and gamers aged above 50 years. The 18-35 market was the largest segment of the role playing games market segmented by age, accounting for 32% of the total in 2019. The below 18 segment is expected to be the fastest growing segment in the role playing games market, at a CAGR of 16.2%. Asia Pacific was the largest region in the global role playing games market, accounting for 51.3% of the total in 2019. It was followed by North America, Western Europe, and then the other regions. Going forward, the fastest-growing regions in the role playing games market will be Eastern Europe and Asia Pacific, where growth will be at CAGRs of 11.6% and 9.9% respectively. These will be followed by the Middle East and North America, where the markets are expected to grow at CAGRs of 9.7% and 9.1% respectively.

The role-playing games market is highly concentrated, with a small number of large players. The top eight competitors in the market made up to 80.80% of the total market in 2019. Major players in the market include Activision Blizzard, Nintendo Co, Ltd., Bethesda Softworks, Electronic Arts, and Square Enix. The global video games market, of which the role playing games market is a segment, reached a value of nearly $167.2 billion in 2019, growing at a compound annual growth rate (CAGR) of 13.0% since 2015. It is expected to grow at a CAGR of 7.5% and reach nearly $ 223.1 billion by 2023. The role playing games market was the fourth largest segment in the global video games market accounting for 9.4% of the total in 2019 and is expected to grow the fastest at a CAGR of 9.2% during 2019-2023.
The top opportunities in the role playing games market segmented by type of platform, will arise in the PC based RPGs segment, which will gain $3,251.8 million of global annual sales by 2023. The top opportunities in the role playing games market segmented by type of game will arise in the MMORPG segment, which will gain $3,150.7 million of global annual sales by 2023. The top opportunities in the role playing games market segmented by type of distribution channel will arise in the online microtransaction segment, which will gain $5,599.6 million of global annual sales by 2023.

The role playing games market size will gain the most in China at $1,638.1 million. Market-trend-based strategies for the role playing games market include offering streaming video game services, providing in-game advertising to increase revenues, integrating AR and VR technologies in games, offering game software services on the cloud with pay-per-usage payment models, providing a subscription-based gaming or pay-as-you-go model, and adopting new age technologies to improve the product portfolio and to attract newer users. Player-adopted strategies in the role playing games market include expanding reach through customer engagement strategies, expansion through new product launches, and investing in technological advancements.

To take advantage of the opportunities, The Business Research Company recommends the role playing games companies to focus on streaming games, offer in game purchases, provide subscription based pricing, leverage social media, collaborate with live streamers and gaming influencers, and to participate in events.

Amidst the unprecedented outbreak of coronavirus, governments across the world are advising people to stay indoors and practice social distancing, to reduce the spread of the pandemic. This has increased short term potential growth opportunities for the role playing games industry. As more and more people across the globe are quarantined at their houses, they are looking for other ways to keep themselves occupied within the confines of their isolation, and are playing or streaming video games, driving the market for role playing games.

Influence Of The Role Playing Games Market Report:

-Comprehensive assessment of all opportunities and risk in the Role Playing Games market.
- Role Playing Games market recent innovations and major events.
-A detailed study of business strategies for growth of the Role Playing Games market-leading players.
-Conclusive study about the growth plot of Role Playing Games market for forthcoming years.
-In-depth understanding of Role Playing Games market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Role Playing Games market.

The report has 150 tables and figures browse the report description and TOC:
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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on regional scale.

Analytical Tools: The Role Playing Games Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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