Southeast Asia Gaming Market 2021 Insights and Emerging Trends - Tencent Holdings Ltd., SEA CORP, Garena Sea Group

The research report studies the Southeast Asia Gaming market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each place is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The data analysts have used primary and secondary methodologies to consolidate the information in the report.. They have also used the same data to generate the current business scenario.

Southeast Asia Gaming market is expected to register a CAGR of 8.5% over the forecast period of 2021 to 2026.

Top Leading Companies of Southeast Asia Gaming Market are Tencent Holdings Ltd., SEA CORP, Garena Sea Group, Sherman 3D, Asiasoft, Sony, and others.

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Industry News and Updates:

- In May 2020, Sony announced new PlayStation Studios branding for its first-party PS5 games. Sony will be using the new PlayStation Studios brand for its first-party exclusives going forward as a way to let customers know that a game comes from one of Sony’s in-house development teams.
- In April 2020, PUBG announced the official launch of PUBG for Stadia. The company brought the game to the Stadia platform. Gamers can play PUBG on Stadia for free. Stadia is currently offering two free months of Stadia Pro, which gets the players instant access to PUBG.

Key Market Trends (Southeast Asia Gaming)

Mobile Segment to Hold Significant Market Share

- By 2021, the number of mobile online gamers in Southeast Asia will rise to 250 million. Indonesia, Malaysia, Thailand, Vietnam, Singapore, and the Philippines are the six most significant countries for mobile gaming in Southeast Asia.
- The availability of a free-to-play option is one of the significant growth drivers for the growth of Mobile Gaming as compared to personal computers. The advent of cloud-based mobile gaming will drive this growth even further.
- Though E-Sports is a relatively new concept in Southeast Asia as compared to traditional games, it is growing at an exponential rate owing to the growth of the gaming market in the region. For instance, battle royale Free Fire was the most downloaded mobile game of 2019, beating out heavyweight PlayerUnknown Battlegrounds Mobile. The game also passed the US$1 billion mark in lifetime revenue last year.
- Additionally, over 55% of mobile gamers are around 55 years of age, and only 8% are teenagers. This is mainly because of the popularity of hyper-casual and casual games, which don't require many skills and can be played by any users. Hyper Casual games mostly monetize through advertising. However, the mobile gaming market is seasonal, which means the popularity of the games fades away with the passing days; therefore, the demand for new games is difficult to forecast, which is retraining the market growth.  

Scope of the Report:

This Southeast Asia Gaming market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading key players encompassing their successful marketing strategies, market contribution, recently developments in both historic and present contexts.

The regions are further sub-divided into:

-North America  – US, Canada, and Mexico
-Europe  – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific  – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America  – Brazil, Argentina, Peru, Chile & Rest of Latin America
-Middle East and Africa – Saudi Arabia, UAE, Israel, South Africa

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Key Questions Answered in the Global Southeast Asia Gaming Industry Report

What will be the Southeast Asia Gaming market size?
What are the new opportunities?
What is the market share?
What are targeted audiences?
Which are the top players in Southeast Asia Gaming market?
How the competition goes in the future?
Which are the leading countries?
What are the challenges in future?

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. Further, it also allows you to do valuable competitor research to get inspiration for marketing the products. When it comes to satisfaction, it is necessary to get definitive idea about what is exactly going in the market. This report exactly provides overall market scenario.

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Report Customization:

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This release was published on openPR.