A console machine primarily designed for consumers to use for playing video game. There are some advantages, like Games are written to function with console hardware, games load more quickly on consoles, versus PCs, with the exception of gaming rigs, all video game consoles are plug-and-play, driver compatibility issues are rare etc.
According to our (Global Info Research) latest study, the global Gaming Console market size was valued at USD 8653.5 million in 2022 and is forecast to a readjusted size of USD 6096.4 million by 2029 with a CAGR of -4.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Gaming Console key players include Nintendo, Sony, etc. Global top two manufacturers hold a share about 85%.
North America is the largest market, with a share about 40%, followed by Europe, and Japan, both have a share over 40 percent.
In terms of product, Home Console is the largest segment, with a share nearly 55%. And in terms of application, the largest application is Household Use, followed by Commercial Use.
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This report is a detailed and comprehensive analysis for global Gaming Console market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market Segmentation
Gaming Console market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Home Console
Handheld Console
Market segment by Application
Household Use
Commercial Use
Major players covered
Sony
Microsoft
Nintendo
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