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Leisure and Entertainment
Singapore Video Games and Consoles Market 2024
Anticipated to grow gradually, the Singapore video games and consoles market size is set to rise from USD 976.0 million in 2023 to USD 1,185.9 million by 2029, achieving a CAGR of 3.3% throughout the forecast period. Singapore’s advanced infrastructure and widespread internet connectivity make it a hub for gaming in Southeast Asia. Government suppor…
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Leisure and Entertainment
Philippines Video Games and Consoles Market 2024
The Philippines video games and consoles market is set to increase from USD 1,150.7 million in 2023 to USD 1,940.5 million by 2029, reflecting a CAGR of 9.1% over the 2024 to 2029 timeframe. Rapid urbanization and the increased affordability of smartphones are driving the mobile gaming market in the Philippines. Localized content tailored to Fil…
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Leisure and Entertainment
Malaysia Video Games and Consoles Market 2024
Anticipated to grow steadily, the Malaysia video games and consoles market is expected to rise from USD 1,671.7 million in 2023 to USD 2,682.4 million by 2029, with a CAGR of 8.2% throughout the forecast period. The growth of mobile gaming, supported by improving digital infrastructure, is a key driver in Malaysia. Additionally, government initia…
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Leisure and Entertainment
Japan Video Games and Consoles Market 2024
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…
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Leisure and Entertainment
Indonesia Video Games and Consoles Market 2024
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…
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Leisure and Entertainment
India Video Games and Consoles Market 2024
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…
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Leisure and Entertainment
Hong Kong Video Games and Consoles Market 2024
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…
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Leisure and Entertainment
China Video Games and Consoles Market 2024
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…
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Leisure and Entertainment
Global Video Games and Consoles Market 2024
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…
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Leisure and Entertainment
North America Video Games and Consoles Market 2024
The North America video games and consoles market is poised for steady growth, with an expected increase of USD 26.6 billion, reflecting a compound annual growth rate (CAGR) of approximately 5% from 2024 to 2029. Technological innovation and early adoption of next-gen consoles, combined with growing interest in cloud gaming, are significant drivers. The rise o…
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Leisure and Entertainment
Latin America Video Games and Consoles Market 2024
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 ga…
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Leisure and Entertainment
Asia Pacific Video Games and Consoles Market 2024
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…