Video Games Market Dominated by Online and Mobile Gaming

A report titled, “World Video Games Market” was recently added, which is an in-depth study and appraisal of the international video games market for the period 2014–2018. It provides a detailed analysis of the key driving factors and restraints, along with the opportunities and challenges faced by the video games sector during these five years. The study gives an overview of the video games market, with focus on the different methodologies involved in it. It also examines the key trends observed in the different gaming segments of this sector. The same has been supported with the help of related statistics in the report.

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Video games refer to electronic games that provide human interaction through user interface, to generate feedback on a video devices such as TV or computer screen. The gaming trends over the years have changed considerably, and there has been an increase in the online and mobile gaming audience. The increase in the internet culture and usage of smartphone technology has popularized the video gaming industry and led to dynamic market trends.

The market share of online gaming amongst youngsters has given serious competition to traditional gaming segments. The largest age group of online gamers belong to 20–34 years. There has been a surge in the market for online gaming consoles like Xbox and PlayStations. Gaming companies and multimedia developers are constantly developing new games to vie for the gamers’ attention. The World Video Games Market Report highlights the various trends in the gaming sector with detailed study on the different gaming companies, game publishers, and developers. It also analyzes the market segments and growth in gaming technology.

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The study explains the various market dynamics observed over the years. It has supporting figures and tables, which indicate the decline in home gaming consoles market. It also shows the popularity of new gaming segments, such as virtual reality gaming, augmented reality gaming, cloud gaming, and gaming through smart toys. The World Video Games Market Report examines the opportunities and threats presented by smartphone and online computer gaming to the traditional hand-held consoles gaming market. It states that dematerialized sales from software sales will contribute to 70% of revenue generated in 2018. The report cites that tablet & mobile gaming is all set to witness a sharp increase over the period 2014–2018. There has been a market growth in terms of gaming through online sites, such as Free2Play and other social media.

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The World Video Games Market Report analyzes the market segments and provides the interested businesses and game publishers with the latest market trends and developments. It gives important forecasts about the gaming sector and how different parameters drive the industry. It highlights the key trends and guides the companies and businessmen towards better understanding of the global video gaming market. The vital statistics provided in the study provide credible sources of information about the research and market strategies involved. The report is a professional study of the video gaming sector and will update the interested stakeholder on its market dynamics.

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