Gaming console is a specialized computer that is designed for interactive video gameplay and display services. A video game console functions like a PC, and it is built with the same components such as a CPU, a GPU, and RAM. Consumers play the game through a controller, which can be a handheld device with buttons, joysticks, or keypads. The video output and sound output are delivered through a TV or a similar audio-visual system.
Market Analysis and Insights: Global Game Consoles Market
Due to the COVID-19 pandemic, the global Game Consoles market size is estimated to be worth US$ 14460 million in 2022 and is forecast to a readjusted size of US$ 15210 million by 2028 with a CAGR of 0.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Handle Control accounting for % of the Game Consoles global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Household Use segment is altered to an % CAGR throughout this forecast period.
The segment “TV game consoles” holds the highest share of the video game console market; while “handheld game console” accounts for the remaining share.
Global Game Consoles Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Game Consoles Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Handle Control
Somatosensory Control
Segment by Application
Household Use
Commercial Use
By Company
Microsoft
Nintendo
Sony
Razer
NVIDIA
OUYA
Tommo
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina