Le Lézard
Classified in: Science and technology
Subject: SVY

Global Gaming Console Market 2017-2021: Enhanced Features of Next-generation Gaming Consoles Drives the Market




DUBLIN, Oct. 6, 2017 /PRNewswire/ --

The "Global Gaming Console Market 2017-2021" report has been added to Research and Markets' offering.

Research and Markets Logo

The global gaming console market to decline at a CAGR of (1.23%) during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global gaming console market for 2017-2021. To calculate the market size, the report considers the revenue generated by the sales of gaming consoles. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market.

One trend in the market is vendors are manufacturing multipurpose gaming consoles. The demand for multifunctional devices is high in the present global gaming console market. An electronic device should not only serve as a source for gaming, but it should also have connectivity features. Multifunctional gaming consoles are not just gaming platforms; they can also be used to watch videos, listen to music, and browse the Internet.

According to the report, one driver in the market is enhanced features of next-generation gaming consoles. Despite the fact that an average gamer uses gaming consoles for nearly a decade, the next generation of gaming consoles are released every five years (on an average). The major reason for this is the increased consumer demands as the consumers look forward to enriched audio and visual experience for gaming. The increasing disposable incomes have made the gamers able to afford high-end display and TV sets. The HD displays, along with HDMI and wireless network compatibility, have increased the expectations of the gamers.

Further, the report states that one challenge in the market is low penetration of gaming consoles in the E-sports market. In of revenue generation, the gaming console segment is the largest segment of the global gaming market. However, when it comes to E-sports, the impact of gaming consoles is limited. Apart from a small share of fighting and sports genres, in which the emphasis on one-on-one gaming is high, the penetration of gaming consoles is extremely low in E-sports. Compared with the popularity of gaming genres such as MOBA and FPS, the market share of console gaming is negligible as console gaming does not generate high viewership.

Key vendors

Other prominent vendors

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by type

PART 07: Market segmentation by type of gamer

PART 08: Key leading countries

PART 09: Decision framework

PART 10: Drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

PART 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/txzlph/global_gaming

Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716


These press releases may also interest you

at 16:30
The U.S. Army Corps of Engineers (USACE) announced today the publishing of the online Trafficability Inundation Mapping Tool that provides the public with information on what regions are affected by the flood waters from Hurricane Florence. The...

at 16:30
Jianpu Technology Inc. ("Jianpu," or the "Company") , a leading independent open platform for discovery and recommendation of financial products in China, today announced the appointment of Mr. Yu Zou as its Chief Scientist. Mr. Zou will be directly...

at 16:30
Salesforce , the global leader in CRM, today announced that it will hold its annual Investor Day on Wednesday, Sept. 26 from 1:00 p.m. (PT) to 5:30 p.m. (PT) during Dreamforce 2018. Salesforce executives are expected to speak during the program,...

at 16:29
T-Rex Solutions is proud to announce that it has been selected as one of the finalists for the 2018 Greater Washington Government Contractor Awards. Presented jointly by the Northern Virginia Chamber of Commerce (NVCC) and Professional Services...

at 16:17
Scientific Games Corporation ("Scientific Games" or the "Company") today announced that Washington's Lottery has extended the Company's contracts for instant games, licensed brands and services. The largest instant game provider in the world,...

at 16:10
The global data center power market is estimated to reach values of approximately $19 billion by 2023, growing at a CAGR of more than 6% during 2017-2023. The market research report also offers market size analysis in terms of power capacity (MW)...




News published on 6 october 2017 at 06:00 and distributed by: