Press release
Mobile and Handheld Gaming Market Poised to Rake US$ 112 Bn by 2026
Unique graphic interfaces will continue to lure millions of mobile phone users towards the virtually-captivating realm of gaming. Even the most ardent gaming enthusiasts, who have championed several computer-based and console-based games, will also grow fond of mobile and handheld gaming. Persistence Market Research recently published its report on the global market for mobile & handheld gaming, excerpts from which project that market to grow at 10.3% CAGR and bring in over US$ 112 Bn revenues by the end of 2026.
According to Persistence Market Research’s report –
• The global market for mobile & handheld gaming will witness an absolute $ opportunity of US$ 73.6 Bn between 2016 and 2026
• At present, the market is valued at US$ 42.3 Bn, witnessing highest contribution from the Asia-Pacific (APAC) region
• The mobile & handheld gaming market in APAC region will be the largest market, procuring more than US$ 50 Bn in revenues by 2026-end
• While the mobile & handheld gaming revenues in APAC region will surge rampantly at 12.4% CAGR, North America will also showcase revenue growth at more than 9.5% CAGR
Virtual Reality (VR) is observed as the latest trend hitting the global mobile and handheld gaming market. Game developers investing in technologies for development of VR games is a key indicative that the future of mobile & hand-held gaming. Growing popularity of VR-enabled smartphones & mobile phones and rising awareness of VR headsets are also paving way for development of groundbreaking games.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/mobile-and-handheld-gaming-market/toc
Impact of eSports is also observed as a key trend favoring the growth of mobile and handheld gaming market. Considering its benefits in the games from both developer and gamer, demand for eSport gaming is expected to advance further among mobile phone users, now that leading eSports networks such as ESPN and Fox Sports have directed their content through digital gaming platforms which offer real-time live-streaming features.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/15034
Additional Highlights of the Report include:
• Within the platform for handheld gaming consoles, gaming software will account for the largest chunk of global revenues – nearly 58 % share - towards the end of 2026
• In 2016, smartphones accounted for over US$ 30 Bn revenues in the mobile and handheld gaming market
• The report also observes Android as the dominate OS for mobile and handheld gaming, revenues from which are expected to surge at 10.9% CAGR
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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