Gaming Console Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The gaming console market is expected to reach a CAGR of 4.11% during the forecast period, reaching US$39.948 billion in 2017 to US$49.305 billion by 2023. The game console market has undergone several hardware changes in the past. Decades. Console manufacturers are introducing new devices to make them compatible with the latest specifications based on the needs of gamers while enhancing the gameplay experience. Sony, Nintendo and Microsoft are major players in the gaming console industry. As new consoles with wireless connectivity are released and the number of gamers increases, the demand for the gaming console market will increase. However, increasing adoption of smartphone sales along with the introduction of the latest gaming applications will curb the growing demand for these consoles over the forecast period.

The prominent player operating in the global gaming console market includes Nvidia Corp., Valve Corp., PlayJam, BlueStacks, Nintendo Co. Ltd., Mad Catz, OUYA Inc., Microsoft Corp., and Sony Computers Entertainment Inc.

Gaming Console Market: Segmentation

By Type

• Home Console
• Handheld Game Console

By Age Group

• 0-22 Years
• 23-32 Years
• Above 33 Years

By Product

• PlayStation
• XBox
• Wii
• Others

Key Questions Answered by Gaming Console Market Report

• What was the Gaming Console Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Gaming Console Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Gaming Console Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume