How big is the Gaming Market?

The Gaming Market size is expected to reach USD 244.22 billion in 2024 and grow at a CAGR of 10.17% to reach USD 397.21 billion by 2029. Read More

What is the current Gaming Market size?

In 2024, the Gaming Market size is expected to reach USD 244.22 billion. Read More

Who are the key players in Gaming Market?

Sony Corporation, Microsoft Corporation, Apple Inc., Realnetworks LLC (Gamehouse) and Bandai Namco Holdings Inc are the major companies operating in the Gaming Market. Read More

Which is the fastest growing region in Gaming 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 Market?

In 2024, the Middle East and Africa accounts for the largest market share in Gaming Market. Read More

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

In 2023, the Gaming Market size was estimated at USD 219.38 billion. The report covers the Gaming Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Gaming Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key regulatory challenges in the Global Gaming Industry?

The key regulatory challenges in the Global Gaming Industry are: a) Increasing concerns over loot boxes b) Combatting piracy and protecting intellectual property rights Read More

Gaming Market Share

Statistics for the 2023 & 2024 Gaming market share, created by Mordor Intelligence™ Industry Reports. Gaming share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Gaming Industry

The gaming market share is highly consolidated with the biggest gaming companies like Sony, Microsoft, Nintendo, Tencent Holdings Limited, and Electronic Arts Inc., among others. The biggest companies in the console gaming landscape are Sony (PlayStation), Microsoft (Xbox), and Nintendo (Switch). These gaming companies are investing in R&D and developing technology that offers gamers high-quality graphics, high computing power, and faster speed. In terms of console units sold, in 2023, Sony's PlayStation PS5 led the market with around 20.9 million units sold, followed by Nintendo (Switch) with 17.97 million units and Xbox XS 3.14 million units (September 2023). Other gaming companies are also entering the gaming and esports industry.

For instance, in November 2023, NCSOFT, a global developer and publisher, partnered with Sony Interactive Entertainment (SIE). This collaboration spans multiple global business domains, focusing on the mobile sector. For Sony, teaming up with NCSOFT is a pivotal move, aligning with its vision to extend the PlayStation brand's influence beyond consoles, targeting a more diverse audience.

In August 2023, Bandai Namco and Oasys, a gaming-centric blockchain network, collaborated to develop an AI-driven virtual pet game. The game centers around a set of NFT-based digital creatures named RYU. Drawing inspiration from the iconic Tamagotchi, these RYU creatures evolve unique personalities and abilities in response to user interactions.