The Video Game Software Global Market Report 2020-30 by The Business Research Company describes and explains the global video game software market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Video Game Software Global Market Opportunities And Strategies Report covers video game software market drivers, video game software market trends, video game software market segments, video game software market growth rate, video game software market major players, and video game software market size.
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The video game software market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Video Game Software Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Trends in the market include:
Increasing Demand for Streaming Games-
Video game software developers are increasingly providing streaming video game services to take advantage of emerging 5G and cloud computing technologies. Several countries have already adopted 5G, which has greatly improved internet speed. This will increase the number of downloads and streaming of games. Streaming allows for continuously playing the latest version of the game, without having to update the game at all. Cloud computing and fast internet speeds will enable users to play games from any computer, and will also increase accessibility. For example, In August 2019, Hatch Premium launched its unlimited mobile cloud gaming on the 5G networks of Sprint, a telecommunications company based in the United States. It allows games to be streamed via the cloud to mobile devices. The games include Monument Valley, Beach Buggy Racing, and Angry Birds Go.
Adoption of Virtual Reality (VR) And Augmented Reality (AR) Technologies-
Video game software developers are increasingly adopting VR and AR technologies to enhance players’ gaming experiences. VR includes a computer-generated simulated environment, usually with auditory and visual feedback. AR provides an interactive experience by integrating computer-generated information with real-life objects. According to the VRDC VR/AR Innovation report published in 2017, 78% of AR, VR and mixed reality developers were focusing on developing games integrated with these technologies. For instance, Half-Life: Alyx?is a brand-new game in the?Half-Life?universe designed exclusively for PC virtual reality systems. Major companies developing games with AR and VR technologies include Niantic, Owlchemy Labs, Unity Technologies and Ubisoft.
The market is segmented:
By Type-
1. PC Games
2. Browser Games
3. Smartphone/Tablet
4. Console Games
By Type Of Transaction-
1. Physical
2. Online/ Microtransaction
3. Digital
By Type of Genre-
1. Action
2. Shooter
3. Adventure
4. Role-playing
5. Strategy
6. Fighting
7. Sports
8. Racing
9. Others
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