Market revenue in 2023 | USD 8,149.9 million |
Market revenue in 2030 | USD 16,090.9 million |
Growth rate | 10.2% (CAGR from 2023 to 2030) |
Largest segment | Mobile |
Fastest growing segment | Mobile |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Console, Mobile, Computer |
Key market players worldwide | Nintendo Co Ltd, Microsoft Corp, NVIDIA Corp, Sega Sammy Holdings Inc, Sony Group Corp, PlayJam, BlueStacks |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gaming market will help companies and investors design strategic landscapes.
Mobile was the largest segment with a revenue share of 40.45% in 2023. Horizon Databook has segmented the Latin America gaming market based on console, mobile, computer covering the revenue growth of each sub-segment from 2018 to 2030.
A substantial percentage of the Latin American population uses social netw orking sites such as Facebook and Reddit, among others, to play games. The availability of games across different genres such as action, role play, simulation, and strategy are further influential in attracting customers. Social media gaming is expected to have a positive impact in shaping the grow th of Brazil gaming market.
The emerging trend of game-based learning in Brazil is anticipated to boost the adoption of video games in the academia vertical, as it not only helps in improving digital literacy but also facilitates skill development and cognitive growth.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America gaming market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America gaming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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