Market revenue in 2023 | USD 117,707.1 million |
Market revenue in 2030 | USD 293,011.1 million |
Growth rate | 13.9% (CAGR from 2023 to 2030) |
Largest segment | Mobile |
Fastest growing segment | Mobile |
Historical data covered | 2017 - 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 | Apple Inc, The Walt Disney Co, Electronic Arts Inc, Microsoft Corp, Nintendo Co Ltd, Sony Group Corp ADR, Tencent Holdings Ltd |
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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 video game market will help companies and investors design strategic landscapes.
Mobile was the largest segment with a revenue share of 44.62% in 2023. Horizon Databook has segmented the Asia Pacific video game market based on console, mobile, computer covering the revenue growth of each sub-segment from 2017 to 2030.
The Asia Pacific region has emerged as a dominant region in the global video game market, expanding significantly. With a large and diverse population, increasing smartphone and internet penetration, and a growing middle class with disposable income, the region has become attractive for the gaming industry to flourish.
This growth can be attributed to several key factors, including technological advancements, cultural factors, and the rise of esports. Gaming has become deeply ingrained in the culture, with gaming cafes and esports tournaments becoming popular social and competitive hubs.
In countries such as South Korea, esports has evolved into a mainstream phenomenon, with professional gamers achieving celebrity status and esports tournaments drawing millions of viewers both online and offline.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific video game market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific video game market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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