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Global Gaming Industry Outlook 2021-2026 - Adoption of e-Sports Betting and Fantasy Sites is Driving Further Growth (Research &

Published on : November 22, 2021
Global Gaming Industry Outlook 2021-2026 - Adoption of e-Sports Betting and Fantasy Sites is Driving Further Growth (Research &

The "Gaming Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The global gaming market was valued at USD 173.7 billion in 2020, and it is expected to reach a value of USD 314.40 billion by 2026, registering a CAGR of 9.64% over 2021-2026.

Due to nationwide lockdown, people stay home, and some turn to game platforms to pass the time. These platforms are attracting more than hundreds and thousands of new visitors in online traffic. Video gaming trends have experienced a massive surge in players and revenue recently.

Companies like Microsoft, Nintendo, Twitch, and Activision have all reached new heights in player investment. In April 2020, Microsoft reported that subscribers to Xbox Game Pass, a Netflix-like subscription service, topped 10 million. Among those subscribers, Microsoft also reported a 130-percent increase in multiplayer engagement across March and April. read more

 

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