Press release
Online Microtransaction Market Analysis With Key Players, Applications, Trends And Forecast To 2033
Online Microtransaction Market
As per the report, the online microtransaction market size has grown rapidly in recent years. It will grow from $73.27 billion in 2023 to $80.88 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The online microtransaction market size is expected to see rapid growth in the next few years. It will grow to $121.18 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=3048&type=smp
Rising In App Purchases Boost Microtransactions Market
Growing In-app purchases feature in mobile apps is expected to drive the growth of the online microtransactions market going forward. In-app purchases (IAP) are transactions made within mobile apps or software, enabling users to buy digital goods, content, or features, often in free or freemium apps, enhancing or personalizing their experience. The integration of in-app purchases is likely to boost online microtransactions as it provides a convenient and accessible way for users to acquire digital items and content, contributing to increased revenue in the online microtransactions market. For instance, in July 2023, according to Business of Apps, a UK-based leading B2B media and information platform for the global app industry, In-app purchases represent one of the most prevalent monetization models, with approximately 50% of non-gaming apps and 79% of gaming apps utilizing this strategy. In Q1 2021, Google Play generated sales of $36.7 billion, while the Apple App Store recorded sales of $31.8 billion and is expected to reach nearly $200 billion by 2025. Therefore, growing in-app purchases feature in the mobile apps will propel the growth of the online microtransactions market in the forecast period.
Innovative Technological Advancement
Major companies operating in the online microtransactions market are introducing innovative gaming technology such as Champions Tactics to gain a competitive edge in the market. The Champion Tactics is the first game from the developer that will utilize blockchain technology. For instance, in June 2023, Ubisoft Entertainment, a France-based video game publisher, launched blockchain based technology named Champions Tactics. Blockchain technology improves online gaming by enhancing security, enabling true ownership of in-game assets through NFTs, ensuring transparency, facilitating interoperability, automating processes with smart contracts, and promoting decentralization, allowing players to influence game development and governance.
The online microtransaction market covered in this report is segmented -
1) By Type: In-Game Curriencies, Random Chance Puchases, In-Game Items, Expiration
2) By Device: Mobile, Console, PC
3) By Model: Prepay Model, Postpay Model, Other Models
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=3048&type=discount
Major companies operating in the online microtransaction market report are Microsoft Corporation, The Walt Disney Company, Tencent Holdings Limited, Sega Sammy Holdings Inc., Sony Interactive Entertainment LLC, NetEase Inc., Valve Corporation, Activision Blizzard Inc., Bandai Namco Entertainment Inc., Electronic Arts Inc., CyberAgent Inc., Take-Two Interactive Software Inc., Square Enix Holdings Co. Ltd., Zynga Inc., Nexon Co. Ltd., King Digital Entertainment plc, Konami Holdings Corporation, NCSoft Corporation, Supercell Oy, Ubisoft Entertainment S.A., Riot Games Inc., Smilegate Holdings Inc., Wargaming Public Co. Ltd., Capcom Co. Ltd., GungHo Online Entertainment Inc., Glu Mobile Inc., Niantic Inc., Machine Zone Inc., Kabam Inc., Gameforge 4D GmbH, Rovio Entertainment Corporation, Miniclip SA, Playtika Holding Corp., Big Fish Games Inc., GREE Inc., DeNA Co. Ltd., Com2uS Corp., Jam City Inc., Scopely Inc.
Contents of the report:
1. Executive Summary
2. Online Microtransaction Market Report Structure
3. Online Microtransaction Market Trends And Strategies
4. Online Microtransaction Market - Macro Economic Scenario
5. Online Microtransaction Market Size And Growth
…..
27. Online Microtransaction Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/online-microtransaction-global-market-report
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Online Microtransaction Market Analysis With Key Players, Applications, Trends And Forecast To 2033 here
News-ID: 3582655 • Views: …
More Releases from The Business research company
Increasing Adoption Of Contactless Payment Solutions Fuelling The Growth Of The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Banking And Financial Smart Cards Market Through 2025?
The market size for banking and financial smart cards has seen fast-paced growth in the recent past. Forecasts predict the market to rise from $13.63 billion in 2024 to $15.29 billion by 2025, an…
Rising Geopolitical Tensions Fueling The Growth Of The Market Due To Increasing …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Automatic Grenade Launcher Market Through 2025?
The market for automatic grenade launchers has experienced substantial growth over the recent years. It is projected to surge from $1.18 billion in 2024 to $1.26 billion in 2025, recording a compound annual growth rate (CAGR)…
Automated Safe Deposit Lockers Market on Track for Strong Growth, Estimated to G …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Automated Safe Deposit Lockers Market Through 2025?
There has been a rapid expansion in the market size of automated safe deposit lockers in recent years. The market is projected to escalate from a value of $1.60 billion in 2024 to $1.83 billion…
Top Market Shifts Transforming the Asphalt And Concrete Equipment Market Landsca …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Asphalt And Concrete Equipment Market Through 2025?
During the past few years, there has been significant expansion in the asphalt and concrete equipment market. It is predicted to increase from $11.82 billion in 2024 to $12.54 billion in 2025, witnessing a compound…
More Releases for Microtransaction
Online Microtransaction Market Growing Popularity and Emerging Trends | NCSoft, …
HTF MI recently introduced Global Online Microtransaction Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study Conotoxia (Poland), Micropayment GmbH (Germany), Stripe (United States), Activision Blizzard Inc. (United States), Tencent…
Online Microtransaction Market Forecast 2025-2034: Evaluating Growth Factors, Se …
What combination of drivers is leading to accelerated growth in the online microtransaction market?
The expansion of the in-app purchases functionality in mobile applications is projected to contribute significantly to the advancement of the online microtransactions industry. In-app purchases (IAPs) are transactions performed within mobile apps or software, enabling the purchase of digital goods, content, or features, often within free or freemium apps, which enriches or personalizes the user experience. The…
Global Online Microtransaction Market: Rapid Growth, Key Players, and Future Tre …
Emergence of In-app Purchases Driving an Expected 10.7% CAGR growth in The Online Microtransaction Market from 2025 to 2029
What Is The Projected Market Size Of The Global Online Microtransaction Market And Its Growth Rate?
• The online microtransaction market has seen rapid growth due to various factors including digitalization of entertainment, mobile gaming proliferation, and more.
• From $77.8 billion in 2024, the market is expected to rise to $86.51…
Online Microtransaction Market Reach USD 219.4 Billion by 2032 Growing CAGR of 1 …
Allied Market Research published a new report, titled, " Online Microtransaction Market Reach USD 219.4 Billion by 2032 Growing CAGR of 13.2%. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps…
Online Microtransaction Market Revenue Sizing Outlook Appears Bright
Advance Market Analytics published a new research publication on "Online Microtransaction Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Online Microtransaction market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the report, request…
Online Microtransaction Market Outlook Report 2024-2033 | Size, Trends, Analysis …
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033
The Business Research Company offers in-depth market insights through Online Microtransaction Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The online microtransaction market size has grown rapidly in recent years. It…
