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
[email protected]  

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 17:25
Myomo to Report First Quarter Financial Results on May 8, 2024
Myomo, Inc. ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today announced that it will report financial results for the...

at 17:23
EVP Capital Enters into Letter of Intent for a Proposed Qualifying Transaction
EVP Capital Inc. ("EVP Capital"), a capital pool company ("CPC") listed on the TSX Venture Exchange Inc. (the "Exchange"), is pleased to announce that it has entered into a non-binding letter of intent dated May 1, 2024 (the "LOI") with Sharp Edge...

at 17:20
Aragon Research Positions SnapLogic as a Leader in the 2024 Globe for Transformation Platform as a Service for Third Consecutive Year
SnapLogic, the leader in generative integration, today announced that it has been positioned by Aragon Research, Inc. as a Leader in the third annual Globetm for Transformation Platform as a Service. Download a complimentary copy of The Aragon...

at 17:15
Robert Half Announces Quarterly Dividend
Robert Half Inc. announced today that its board of directors has approved a quarterly cash dividend of $0.53 per share. The cash dividend will be paid June 14, 2024, to all shareholders of record as of May 24, 2024....

at 17:10
Luna Innovations Retains Industry Veterans to Lead Strategy, Operations and Finance
Luna Innovations Incorporated (the "Company"), a global leader in advanced fiber optic-based technology, today announced that it has retained senior executives and industry veterans Alex Davern and Kevin Ilcisin as consultants to provide strategic...

at 17:05
University of Massachusetts Dartmouth, a National Research University, Selects YuJa Panorama Digital Accessibility Platform to Replace Former Accessibility Solution
YuJa, Inc. announces a sitewide award with the University of Massachusetts Dartmouth (UMass Dartmouth), a national research university, to provide a more robust, streamlined approach to delivering accessible, engaging learning experiences to...

More news about Science and technology...


News published on and distributed by: