P C Game Market Size & Share Analysis - Growth Trends & Forecast (2024 - 2029)

PC Game Market Analysis

The PC Game Market size is estimated at USD 31.67 billion in 2024, and is expected to reach USD 42.56 billion by 2029, at a CAGR of 6.08% during the forecast period (2024-2029).

• Millennial gaming enthusiasts increasingly favor PC gaming. This trend is driven by factors like superior gameplay quality, access to advanced hardware and software, and enhanced internet bandwidth. Cutting-edge technologies, including VR and 4K/8K displays, are now accessible. Consequently, many PC gamers feel compelled to upgrade their equipment, fueling the sales of gaming-specific PCs.
• While PC gaming can be pricey due to expensive hardware, it boasts an expansive game library, supports diverse play styles and peripherals, and offers extensive customization through mods. Despite consoles rapidly advancing to rival high-powered gaming PCs, developers are introducing console-inspired hardware to bridge the gap.
• As of September 2024, the leading PC games globally by monthly active users (MAU) included ROBLOX, Minecraft, Fortnite, Counter-Strike 2 & GO, Call of Duty: Modern Warfare II/III/Warzone 2.0, The Sims 4, League of Legends, Valorant, Grand Theft Auto V, and Overwatch 1 & 2. In the top 20 PC games ranking for September 2024, Electronic Arts (EA) and Blizzard Entertainment each secured three titles, marking them as the dominant publishers.
• Innovations in the gaming segment are propelling its growth. For example, in October 2023, CrazyGames unveiled "CrazyGames Originals," a platform for browser-based games. Celebrating its tenth anniversary, the Leuven, Belgium-based browser game platform introduced this diverse label, catering to a wide array of player preferences. With a robust monthly user base exceeding 25 million, CrazyGames collaborates with over 1,000 game developers, offering them insights and strategies to tap into new audiences.
• One significant drawback is the high start-up and the ongoing costs associated with upgrading components. A high-end gaming PC can cost up to USD 1,200, contrasting to more budget-friendly console options such as the Xbox Series X, which retails for USD 499.
• Further, the pandemic led to an increase in gaming as a primary form of entertainment. Many players turned to PC gaming for social interaction, resulting in a sustained rise in player engagement.Games that facilitate social interaction, such as "Among Us," "Valorant," and various MMORPGs, gained popularity. This trend continues as players seek ways to connect with friends and communities.
• Post pandemic, VR gaming has continued to evolve, with more titles being released and hardware becoming more accessible. The interest in immersive experiences has remained strong.Developers are increasingly prioritizing accessibility features, ensuring that games are playable by a broader range of audiences, including those with disabilities.

PC Game Market Trends

Growing Adoption of Millennials Across PC Game Drives the Market

PC Game Industry Segmentation

The PC gaming market is defined based on the revenues generated from the gaming types used across the globe. The analysis is based on the market insights captured through secondary research and the primaries. The market also covers the major factors impacting its growth in terms of drivers and restraints.

The PC game market is segmented by type of genre (action, adventure, role playing games, simulation, strategy, other games), distribution channel (online, offline), geography (North America [United States, Canada], Europe [United Kingdom, Germany, France, Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, Rest of Asia-Pacific], Latin America [Brazil, Mexico, Argentina, Rest of Latin America], Middle East and Africa [United Arab Emirates, Saudi Arabia, South Africa, Rest of Middle East and Africa]). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.