Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Digital Games Market Expected to Grow at a Healthy Pace During 2021-2026, Driven by Growing Penetration of Internet and Smart Devices

According to a new report by EMR titled, 'Global Digital Games Market Report and Forecast 2021-2026', the global market for digital games is being aided by the growth of the online games market, which is expected to grow at a CAGR of 9% in the forecast period of 2021-2026 to reach USD 278 billion by 2026.

The global market for digital games is being driven by the growing penetration of the internet and smart devices across the globe. The digital games industry is witnessing a boom currently due to the novel coronavirus, which has enforced lockdown and consequently immobility on people. The market is attracting new online gamers as people are looking for new ways to entertain themselves in this abnormally excess free time. Further, the digital format for distribution is being adopted by gaming companies over the physical ones, as the digital distribution offers easy purchase as well as downloading of digital content for various gaming platforms, thereby invigorating the market growth.

The market is positively influenced by the ongoing rivalry among the key players, like Sony Corporation (NYSE: SNE) and Behaviour Interactive Inc., which results in new inventions. In July 2020, a minority stake in Behaviour Interactive Inc. ("Behaviour"), which is Canada’s largest independent video game developer, was acquired by NetEase Games. NetEase Games has made a name for itself in the Chinese households by creating premium content for game enthusiasts, and globally by launching successful games over the past few years. By acquiring a minor stake in Behaviour Interactive Inc, the division is set to leverage its expertise and deliver yet more thrilling new products to players globally. Thus, boosting the overall market growth of digital games.

Market Analysis by Platform, Subscription Model, Device, and Region:

  • The digital games industry, on the basis of platform, is divided into flash, iOS, android, and social network, among others.
  • Based on subscription model, the market is segmented into premium, paymium, and freemium, among others.
  • On the basis of device, the industry is categorised into computers, laptop, smartphones, tablet, and console unit, among others.
  • Regionally, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for digital games is being driven by the rising proliferation of smartphones and tablets globally.
  • The market is witnessing favourable overall impact due to the ongoing innovations in the industry.
  • Moreover, the easy availability of internet worldwide has led to a rise in live games of MMO and eSports genres. 
  • Certain factors affecting the market growth include the inflating disposable incomes and the increasing number of online gamers globally.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for digital games for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the platforms, subscription models, devices, and major regions of digital games. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

Behaviour Interactive Inc., Sony Corporation, GungHo Online Entertainment, Inc., Microsoft Corporation, Tencent Holdings Ltd., The Walt Disney Company, NEXON Co., Ltd, and Sega Corporation, among others, are the key players in the global digital games market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Learning Management System Market Report and Forecast 2021-2026


Global Big Data Market Report and Forecast 2021-2026


Global Mobile Advertising Market Report and Forecast 2021-2026


Global Context Aware Computing Market Report and Forecast 2021-2026



NEWSLETTER