How big is the Gaming Console Market?

The Gaming Console Market size is expected to reach USD 57.20 billion in 2024 and grow at a CAGR of 7.20% to reach USD 80.98 billion by 2029. Read More

What is the current Gaming Console Market size?

In 2024, the Gaming Console Market size is expected to reach USD 57.20 billion. Read More

Who are the key players in Gaming Console Market?

Sony Corporation, Microsoft Corporation, Nintendo Co. Ltd., Sega Enterprises Inc. and Valve Corporation are the major companies operating in the Gaming Console Market. Read More

Which is the fastest growing region in Gaming Console Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Gaming Console Market?

In 2024, the North America accounts for the largest market share in Gaming Console Market. Read More

What years does this Gaming Console Market cover, and what was the market size in 2023?

In 2023, the Gaming Console Market size was estimated at USD 53.08 billion. The report covers the Gaming Console Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Gaming Console Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What is the target market for Gaming Consoles?

The target market for Gaming Consoles includes people who spend a lot of time gaming, with the global average being 7.11 hours per week. Read More

What are the factors driving the Gaming Console Market?

The factors driving the Gaming Console Market are a) New high-graphic games b) 3D/AR/VR integration c) Cloud gaming & upcoming next-gen consoles Read More

What is the target market for Gaming Consoles?

The target market for Gaming Consoles includes people who spend a lot of time gaming, with the global average being 7.11 hours per week. Read More

Gaming Console Market Analysis | Industry Trends, Size & Forecast Report

Gaming Console Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Gaming Consoles Market Report is Segmented by Geography (North America (United States and Canada), Europe (Germany, United Kingdom, France, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World). The Market Sizes and Forecasts are Provided in Value Terms (USD) for all the Above Segments.

Gaming Console Industry Overview

In the gaming consoles market, several key players are asserting dominance, collectively holding a significant market share. Their primary focus lies in broadening their customer base. These players are channeling investments into launching novel services and solutions alongside other growth strategies, with the aim of bolstering their market share in the coming years.

August 2024: Xsolla, a player in video game commerce, unveiled its exclusive collaboration with Game Dev Cyprus (GDCy), a move set to redefine industry partnerships. The alliance is part of Xsolla's sponsorship of a series of engaging events in 2024 and 2025 aimed at nurturing innovation, facilitating networking, and fostering a sense of community within the gaming community.
May 2024: Mattel Inc., a global toy and family entertainment company, unveiled a multi-year strategic collaboration with Outright Games, a publisher of family-friendly interactive entertainment. The partnership will begin with the launch of three new games, set to hit all major consoles and PC platforms by the end of this year. The titles include Matchbox Driving Adventures, Monster High: Skulltimate Secrets, and Barbie Project Friendship.