seobhushan (84)

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Gaming Console Market is projected to reach CAGR
8 by 2027
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Key Insights from Gaming Console Market

• With significant advancement across electronics
  and electrical sectors and rising integration of
  advanced technologies, such as AI and IoT, the
  gaming console market is expected to grow
  exponentially in the coming years.
• As online games are most popular among youth, the
  substantial rise in millennials population
  globally would propel the demand for various
  gaming consoles. As per the recent estimates by
  the World Economic Forum, there are nearly 1.8
  billion millennials worldwide, which is 23 of
  the global population.
• The flourishing e-sports industry is predicted to
  create considerable demand for gaming consoles.
  Growing awareness, availability of live
  streaming, and rising number of global events are
  some prime factors influencing the Esports market
  growth worldwide.

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Regional Insights in Gaming Console Market

• North America gaming console market is predicted
  to hold maximum revenue share in the forecasted
  timeframe owing to the significant rise in
  disposable income. This is further leading to
  increasing adoption of online games across the
  region.

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Major Companies in Gaming Console Market

• Corsair Components Inc.
• Logitech
• Mad Catz Global Limited
• Microsoft Corporation
• NEC Corporation

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Industry Coverage

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