The Business Research Company published its Video Game Software Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Video Game Software market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the video game software market’s segments- by type: browser games, PC games, smart phone/tablet games, console games and by genre: action, adventure, role playing, simulation, strategy, sports, others subsegments covered: online microtransaction, digital PC games, physical PC games.
Video Game Software Global Market Report 2020 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.
The global video game software market is expected to decline from $167.2 billion in 2019 to $166.4 billion in 2020 at a rate 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 rate of 11% from 2021 and reach $223.2 billion in 2023.
Virtual Reality (VR) and Augmented Reality (AR) are gaining popularity in the video game software market. VR allows players to experience being in a three-dimensional environment and interact with that environment. AR is a specific type of VR that aims to duplicate the environment through computer software and displays. AR adds intense graphics, sounds, and even smell to the experience.
Few Points From Table Of Content1. Executive Summary
2. Report Structure
3. Video Game Software Market Characteristics
4. Video Game Software Market Product Analysis
5. Video Game Software Market Supply Chain
21. Key Mergers And Acquisitions In The Video Game Software Market
22. Market Background: Software Products Market
25. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Video Game Software Market, 2019, By Region, Value ($ Billion)
Table 128: Global Video Game Software Market In 2023- Growth Countries
Table 129: Global Video Game Software Market In 2023- Growth Segments
Table 130: Global Video Game Software Market In 2023- Growth Strategies
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