openPR Logo
Press release

Global Connected Game Console Market Revenue to Increase from US$ 7,097.5 Mn in 2014 to US$ 15,559.2 Mn by 2020 Due to Increasing Broadband Penetration, Creative Promotional Campaigns by Manufacturers

04-07-2017 12:33 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Global Connected Game Console Market Revenue to Increase from


The video game industry initially started in the early 1990’s and has evolved rapidly over the years. This industry includes game console, PC, mobile device and online. Connected game console is basically a gaming console which can be connected to the internet thus in turn enhancing its features. The connected game console offer various features like downloading games directly from a library source, access a variety of applications, stream various media such as movies, music and other videos and play online games. Connected game console can be segmented into connected consoles and service.

Market Value and Forecast

The global connected game console market is anticipated to grow at a double-digit CAGR during the forecast period. Growth of the global connected game console market is mainly driven by increasing spending on games, growing disposable income, increasing broadband penetration and growing technology technological advancements. Moreover, the trend that follows with the growth of connected game console market are game on demand services, convergent entertainment system and adoption of new technologies such as virtual reality gaming to enhance customer gaming experience.

Request Report Sample@

Segmentation by Product Type

The global connected game console market can be segmented, based on product type, into connected console and service. Out of these segments, connected console accounted for over 30% of the global connected game console market share in 2014. In contrast, the service segment market which dominated the global connected console market in 2014 and is expected to remain dominant during the forecast period. In addition, the service segment is anticipated to expand at a double-digit CAGR from 2015 to 2020.

Segmentation by Connected Console

The global connected console segment can be sub segmented into standalone and handheld connected console. Out of these sub segments, home console dominated the global connected game console segment in 2014, and is expected to continue its dominance in the sub segment market by 2020. In contrast, handheld sub segment accounted for over 40% market share of the global connected console segment in 2014.

Segmentation by Service

The global service segment can be sub segmented into prepaid and other direct services. Out of all these sub segments, prepaid services sub segment dominated the global connected game console segment in 2014. But however, prepaid services sub segment is anticipated to lose out its dominance to other direct services sub segment by 2020. In addition, other direct services is predicted to grow at a double digit CAGR during the forecast period 2015 to 2020.

Send An Enquiry@

Key Regions

The global connected game console market has been sub-segment into seven major regions which include North America, Western Europe, Asia-Pacific Excluding Japan (APEJ), Japan, Eastern Europe, Latin America and Middle East & Africa. Of all the regions, North America dominated the market with over 45% of overall video on demand market share of in 2014. Western Europe ranked second with more than 15% market share in 2014, followed by Japan. In addition, Asia-Pacific is anticipated to become the fastest growing region in the connected game console market.

Key Players

Some of the key players identified in global connected game console market are Microsoft Corporation, Sony Corporation, Nintendo Co. Ltd and NVIDIA Corporation. These key players in the global connected game console market continue to expand their global presence by expanding into emerging markets either by reducing the cost of the older consoles or placing manufacturing plants near these developing regions so as to reduce costs of the whole package. But primarily these key players heavily spend into research and development to innovate their existing game consoles by adding various features such as video streaming and online game stores.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

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 Global Connected Game Console Market Revenue to Increase from US$ 7,097.5 Mn in 2014 to US$ 15,559.2 Mn by 2020 Due to Increasing Broadband Penetration, Creative Promotional Campaigns by Manufacturers here

News-ID: 494776 • Views: 174

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Connected

Connected TV Advertising Trends in 2019
Consumer behavior becomes the ultimate driver behind the evolution of the TV ecosystem. Following consumers’ habits, TV advertising shifts away from traditional TV, desktop, and mobile. New home for TV ad is CTV – connected video devices, like smart TVs, boxes, sticks, and devices streaming content via broadband. Last year CTV disrupted the way video advertising is served. How exactly will it influence this market? CTV can help make the ads
Connected Logistics Market - Competitive Trends Developments 2025
Global Connected Logistics Market: Snapshot According to the analysts of this fresh business intelligence study, the global connected logistics market is primed for a prosperous future, primarily due to the lack of proper temperature management at most of the storage facilities. Temperature-sensitive products, particularly from the food and beverage sector, require assurance regarding the protection of their products from getting spoiled or wasted. To overcome these issues, connected logistics has emerged
RTI Connected Healthcare Security Demo
SUNNYVALE (USA)/London, March 2018 – At Embedded World, Real-Time Innovations (RTI) announced a live demo of Connext DDS Secure to highlight the increasing need for security throughout an IIoT system. The demo features Connext DDS in a Healthcare application, specifically a secured integrated clinical environment (ICE). This security architecture can easily extend to other markets, such as autonomous vehicles, smart grid/energy, and aerospace and defense. The Connext DDS Secure demo showcases
The Connected Customer: Utilities
Connecting the dots between technology, digital strategy and your customer T.A. Cook Conferences are delighted to announce The Connected Customer: Utilities conference, taking place on 16-17 November 2017 in Amsterdam, Netherlands. This event will address the transformational role digital innovation plays as utilities look to ‘connect the dots’ between technology, digital strategy and the customer. Attendees will have the opportunity to address the current challenges faced by utilities through industry
Connected Cities
Globalisation of very high capacity networks The aim of this study is to obtain a detailed snapshot of superfast connectivity with a download rate superior or equal to 100 Mbps in big cities around the world and to draw out the top 10 selection. This comparison between cities is based on qualitative criteria such as quality of service, affordability compared to local standard of living and on quantitative criteria such as coverage
Connected Home Devices Deep Dive
ReportsWorldwide has announced the addition of a new report title Connected Home Devices Deep Dive to its growing collection of premium market research reports. Connected Home Devices Deep Dive breaks down Parks Associates' latest data on consumer preferences for interoperability among 13 popular smart home devices. First, the report provides a brief overview of current smart home adoption and purchaser demographics. Next, the report analyzes new data on exterior-monitoring cameras and consumer preferences