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Video Game Software Market Growth - Industry Analysis, Size, Share, Trends, Demand, Overview and Segment Forecast To 2031
Video Game Software Market
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The global video game software market report by the business research company identifies increasing the video game software market was mainly driven by rapid growth in emerging markets in the forecasted period. The International Monetary Fund (IMF)stated that the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period.
The global video game software market grew from $197.54 billion in 2021 to $225.71 billion in 2022 at a compound annual growth rate (CAGR) of 14.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The video game software market is expected to grow to $360.22 billion in 2026 at a CAGR of 12.4%.
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Asia Pacific was the largest region in the global video game software market in 2021. North America was the second largest region in video game software market. The regions covered in the video game software market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major companies in the video game software market include Microsoft, Tencent Holdings Co Ltd, Nintendo Co ltd, Sony Corp, Netease Inc., Electronic Arts, Google, Financière de l'Odet, Take-Two Interactive and Bandai Namco Holdings Inc.
The global video game software market is segmented -
1) By Type: PC Games, Browser Games, Smart Phone/Tablet Games, Console Games
2) By Genre: Action, Adventure, Role Playing, Simulation, Strategy, Sports, Others
3) By End User Sex: Male, Female
Subsegments Covered: Online Microtransaction, Digital PC Games, Physical PC Games
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The Video Game Software Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Video Game Software Market Characteristics
4. Video Game Software Market Product Analysis
5. Video Game Software Market Supply Chain
......
21. Video Game Software Market Competitive Landscape
22. Key Mergers And Acquisitions In The Video Game Software Market
23. Market Background: Software Products Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
This report covers the trends and market dynamics of the Video Game Software market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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