United States Gaming Market Forecast 2023-2030
KEY FINDINGSThe United States gaming market is expected to grow with a 12.23% CAGR during the forecasted period, 2023 to 2030. The market growth is driven by major gaming firms, rising mobile gaming revenue due to smartphone accessibility, new console generations, increased gaming during COVID-19, and escalating esports popularity.
MARKET INSIGHTSThe United States is one of the world’s largest gaming markets, playing a vital role in the global gaming landscape. Housing major industry giants alongside numerous smaller studios and creators, the United States gaming market is diverse and robust.
A significant portion of the United States gaming market is dominated by mobile gaming, contributing over half of the market’s revenue. This sector’s exponential growth in recent years can be attributed to the ubiquity of smartphones and tablets and an ever-growing library of available mobile games.
Console gaming also constitutes a considerable segment of the United States gaming market, fueled by the latest generation of consoles. The COVID-19 pandemic has further accelerated this growth, as people spending more time at home have turned to video games for entertainment, resulting in a surge in console sales.
Finally, the burgeoning popularity of esports has substantially influenced the United States gaming landscape. Hosting numerous major esports competitions and leagues, the United States draws significant crowds and substantial sponsorship and advertising revenues, further driving the market growth.
COMPETITIVE INSIGHTSLeading market players include Bethesda Softworks LLC, Activision Blizzard Inc, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments