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Expected to witness rapid expansion, the Argentina video games and consoles market is likely to increase from USD 2,482.1 million in 2023 to USD 16,628.1 million by 2029, registering a CAGR of 37.3% during the forecast period. Argentina’s gaming market is fueled by the increasing adoption of mobile gaming, driven by affordable smartphones and expand… Read More
The market for video games and consoles is set for moderate growth, with projections indicating an increase of USD 45.6 billion and a compound annual growth rate (CAGR) nearing 5.5% over the forecast period. The region is witnessing exponential growth due to the rising popularity of eSports, particularly in China, South Korea, and Japan. Mobile… Read More
The Australia video games and consoles market is expected to experience robust growth, with a projected increase of USD 3.6 billion and a compound annual growth rate (CAGR) of approximately 9.4% throughout the forecast period. Australia’s high disposable income levels, coupled with an affinity for high-performance gaming consoles and immersive experiences, are driving the market… Read More
The Brazil video games and consoles market is set for accelerated growth, with USD 3.5 billion in value addition and a compound annual growth rate (CAGR) of 10.1%, showcasing strong upward momentum through 2029. Brazil’s gaming market is driven by a large, tech-savvy youth population, with mobile gaming leading the charge due to widespread smartp… Read More
The Canada video games and consoles market is on track for incremental growth of USD 1.4 billion, corresponding to a compound annual growth rate (CAGR) of nearly 4.6% throughout the forecast period of 2024 to 2029. Canada’s gaming market is thriving due to a strong tradition of game development and a tech-savvy population. The adopti… Read More
The outlook for the China video games and consoles market indicates a modest growth of USD 15.3 billion, with an expected compound annual growth rate (CAGR) of approximately 3.9% over the next five years. China’s position as the largest gaming market globally is driven by high mobile gaming consumption and the continued dominance of domest… Read More
The Europe video games and consoles market is anticipated to witness significant growth, with an expected uptick of USD 18.2 billion, equating to a compound annual growth rate (CAGR) of about 5.2% in the coming years. Rising digital transformation across key markets like the UK, Germany, and France, with the adoption of cloud gaming platfo… Read More
The latest estimates indicate that the France video games and consoles market is expected to experience modest growth, with an incremental increase of USD 0.6 billion. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 1.5% during the forecast period from 2024 to 2029. France’s gaming market is expand… Read More
The Germany video games and consoles market is poised for gradual growth, with an expected incremental increase of USD 2.5 billion, reflecting a compound annual growth rate (CAGR) of nearly 4.7% from 2024 to 2029. Germany’s video game market benefits from a large and diverse gaming community, with strong demand for both console and PC… Read More
Anticipated trends indicate that the global video games and consoles market will achieve incremental growth of USD 102.1 billion, translating to a compound annual growth rate (CAGR) of around 5.6% during the forecast period of 2024 to 2029. The convergence of media, gaming, and entertainment, with streaming platforms integrating gaming content, has transformed the indust… Read More
The Hong Kong video games and consoles market is on track for slight growth, expected to expand from USD 1,371.6 million in 2023 to USD 1,806.8 million by 2029, with a CAGR of 4.7% during the evaluated period. Hong Kong’s robust internet infrastructure and tech-savvy population support the demand for both console and mobile gaming… Read More
A rapid growth trajectory is forecasted for the India video games and consoles market, with incremental gains of USD 2.6 billion and a compound annual growth rate (CAGR) nearing 11.2% over the next five years. India’s burgeoning mobile gaming market is driven by affordable smartphones and expanding 4G/5G connectivity, making it one of the fastes… Read More
Driven by strong market fundamentals, the Indonesia video games and consoles market is expected to achieve rapid growth, adding USD 2.6 billion in value and delivering a CAGR of approximately 12.4% through the forecast period. Indonesia’s gaming market is being propelled by a rapidly growing mobile gaming segment, supported by high smartphone penetration and afford… Read More
Incremental growth of USD 1.1 billion is anticipated in the Italy video games and consoles market, which will expand at a CAGR of approximately 4% over the forecast period spanning 2024 to 2029. Italy’s gaming market is growing, driven by increasing mobile gaming adoption and rising interest in console gaming. The country’s young population is… Read More
The Japan video games and consoles market is projected to contract by USD 1.5 billion by the end of 2029, indicating a compound annual growth rate (CAGR) of -1.5%. The country’s aging population and declining birth rates are reducing the core demographic of younger gamers, which could slow market growth. Additionally, shifting consumer preferences toward… Read More
The Latin America video games and consoles sector is poised for a dynamic growth phase, anticipating an increase of USD 7.2 billion and a compound annual growth rate (CAGR) of approximately 8.4% from 2024 to 2029. Growing internet connectivity and the widespread adoption of mobile devices in countries like Brazil and Mexico are driving the… Read More