The Business Research Company’s latest report Video Game Software Market Report 2020 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. The report provides in-depth analysis of the impact of COVID-19 on the Video Game Software industry, along with revised market numbers due to the effects of the coronavirus.
Video Game Software Market Report 2020 is the most comprehensive report available on this market and will help gain a truly 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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The video game software market is expected to decline from $167.2 billion in 2019 to $166.4 billion in 2020 at a compound annual growth rate (CAGR) of -0.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 11% from 2021 and reach $223.2 billion in 2023.
The report covers the Video Game Software market’s segments-
1) By Type: Browser Games, PC Games, Smart Phone/Tablet Games, Console Games
2) By Genre: Action, Adventure, Role Playing, Simulation, Strategy, Sports, Others.
Subsegments Covered: Online Microtransaction, Digital PC Games, Physical PC Games.
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