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Arcade Gaming Market Trend, Business Opportunities, Challenges, Drivers And Restraint Research Report By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Arcade Gaming Global Market Report 2023 identifies increasing physical activity as the major driver for the Arcade Gaming market's growth in the forecast period. Physical activity refers to any skeletal muscle-driven motion of the body that requires energy expenditure. Physical activity is increasing primarily due to its health benefits. Increasing physical activity demands new methods, and arcade gaming acts as a medium with innovative health tools, interacting and attracting players with interventions combining consistent exercise, a balanced diet, and good sleep practices.
The global arcade gaming market size is expected to grow from $12.05 billion in 2022 to $12.37 billion in 2023 at a compound annual growth rate (CAGR) of 2.6%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the arcade gaming market size is expected to grow to $13.63 billion in 2027 at a CAGR of 2.5%.
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Major competitors in the Arcade Gaming market are CXC Simulations, D-BOX Technologies Inc., Rene Pierre SA, Bandai Namco Studios Inc., Bay Tek Entertainment Inc., Capcom Company Limited, International Games System Company Limited, Nintendo Company Limited.
A key trend in the Arcade Gaming market includes introduction of new and technologically advanced products. Major players operating in the market are introducing technologically advanced arcade games to sustain their position in the market. For instance, in June 2021, Zero Latency VR, an Australian technology company that develops free-roam virtual reality systems launched the Far Cry VR arcade game at 33 of the company's locations including sites in the USA, UK, Europe, and Australia. Far Cry VR: Dive Into Insanity is a VR (virtual reality) experience game that requires a special location where VR magic converts a large room into Far Cry 3's exotic, pirate-controlled island. The company's technology enables gamers to roam around environments without a wire attached to a PC on the other side of the room.
Read More On The Global Arcade Gaming Market Report Here:
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The Arcade Gaming market is segmented -
1) By Type: Video Games, Simulation Games, Mechanical Games
2) By Genre: Racing, Shooting, Sports, Action
3) By Distribution Channel: Online, Offline
4) By Application: Residential, Commercial, Gaming Hubs
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Arcade Gaming market.
The Business Research Company's "Global Arcade Gaming Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Arcade Gaming Market Include:
1. Executive Summary
2. Arcade Gaming Market Characteristics
3. Arcade Gaming Market Trends And Strategies
4. Arcade Gaming Market - Macro Economic Scenario
5. Arcade Gaming Market Size And Growth
……
27. Arcade Gaming Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Arcade Gaming Market
29. Arcade Gaming Market Future Outlook And Potential Analysis
30. Appendix
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