Console Games Global Market Report 2021: COVID-19 Impact And Recovery To 2030
Console Games Market Report 2021: COVID-19 Impact And Recovery To 2030
The Business Research Company’s Console Games Global Market Report 2021: COVID-19 Impact and Recovery To 2030
LONDON, GREATER LONDON , UK, July 30, 2021 /EINPresswire.com/ — Console video game developers are adopting subscription-based gaming. For example, Xbox Live and PlayStation Plus provide licenses for a few games on monthly rotation basis. The first major subscription program by EA was the EA Access on Xbox One which offered discounts on EA games, a limited number of hours of pre-release play, and a vault of back catalog offerings. Microsoft, in June 2017, released a Netflix-style offering called Game-Pass, for its first-party games and a number of titles from third-party developers and publishers.
Major players in the console games industry are Tencent Games, Sony Interactive Entertainment, Microsoft Studios, Activision Blizzard and EA.
In January 2019, Sony Interactive Entertainment, formerly known as Sony Computer Entertainment, a multinational video game and digital entertainment company, acquired Audiokinetic, Inc., for an undisclosed amount. Audiokinetic Inc. is a Canadian software company that develops new standards in audio production for interactive media and games. With this acquisition, SIE will tap into Audiokinetic’s vast audio engineering expertise, adding significant value to the PlayStation ecosystem.
Read More On The Global Console Games Market Report:
https://www.thebusinessresearchcompany.com/report/console-games-global-market-report-2020-30-covid-19-implications-and-growth
The global console games market is expected to grow from $40.69 billion in 2020 to $42.44 billion in 2021 at a compound annual growth rate (CAGR) of 4.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The console video game market size is expected to reach $65.74 billion in 2025 at a CAGR of 12%.
TBRC’s global console games market report is segmented by type into digital console games, online/microtransaction console, physical console games, by application into shooter, action, sport games, role-playing, adventure, racing, fighting, strategy, others, and by device into TV, computer/PC, system consoles.
The countries covered with console games market shares are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Console Games Global Market Report 2021: COVID-19 Impact and Recovery To 2030 is one of a series of new reports from The Business Research Company that provides console games market overview, forecast console games market size and growth for the whole market, console games market segments, and geographies, console games market trends, console games market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
Request For A Sample Of The Global Console Games Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3044&type=smp
Here Is A List Of Similar Reports By The Business Research Company:
PC Games Market – By Type (Physical, Online Microtransaction, Digital), By Application (Shooter, Action, Sport Games, Role-Playing, Adventure, Racing, Fighting, Strategy And Other), And By Region, Opportunities And Strategies – Global Forecast To 2030
https://www.thebusinessresearchcompany.com/report/pc-games-market
Video Game Software Market – By Type (Browser Games, PC Games, Smart Phone/Tablet Games, Console Games), By Genre (Action, Shooter, Adventure, Role Playing, Strategy, Fighting, Sports, Racing, Others), By Type Of Transaction (Physical, Online/ Microtransaction, Digital), And By Region, Opportunities And Strategies – Global Video Game Software Market Forecast To 2030
https://www.thebusinessresearchcompany.com/report/video-game-software-market
Browser Games Market – By Type (Pay-to- Play, Free-to-Play, Pay-in-Play), And By Region, Major Players, Opportunities And Strategies – Global Browser Games Market Forecast To 2030
https://www.thebusinessresearchcompany.com/report/browser-games-market
Role Playing Games Market -By Product (Massively Multiplayer Online Role-Playing Game (MMORPGs), Action-Based RPGs, Turn-Based RPGs, Puzzle RPGs, Tactical RPGs), By Platform (Pc Rpg, Mobile RPGs, Console RPGs), By Distribution (Online Microtransaction, Digital, Physical), And By Region, Opportunities And Strategies – Global Forecast To 2030
https://www.thebusinessresearchcompany.com/report/role-playing-games-market
Interested to know more about The Business Research Company?
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
The Business Research Company
Email: info@tbrc.info
Follow us on LinkedIn: https://bit.ly/3b7850r
Follow us on Twitter: https://bit.ly/3b1rmjS
Check out our Blog: http://blog.tbrc.info/
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
Twitter
LinkedIn
