The massive multiplayer online (MMO) games market share will post an incremental growth of USD 21.25 billion, progressing at a CAGR of 9.45% during the forecast period. The rise of professional gaming will offer immense growth opportunities to market vendors. The massive multiplayer online (MMO) games market is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Massive Multiplayer Online (MMO) Games Market by Revenue, Genre, and Geography - Forecast and Analysis 2022-2026” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The massive multiplayer online (MMO) games market is segmented by revenue (free to play (F2P) and pay to play (P2P)), genre (MMO role-play games (MMORPG), MMO first-person shooter (MMOFPS), MMO real-time strategy (MMORTS), and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
Based on the market segmentation by revenue, the growth of the massive multiplayer online (MMO) games market size in the free-to-play (F2P) segment will be significant during the forecast period. The growing demand for free-to-play (F2P) games will drive the segment growth.
By geography, factors such as the rise in the popularity of online video games in Southeast Asia and the expansion of broadband connectivity will facilitate the massive multiplayer online (MMO) games market growth in APAC. 48% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for massive multiplayer online (MMO) games in APAC.
The rise of professional gaming will directly influence the sales of massive multiplayer online (MMO) games market. In addition, the rising demand for gaming consoles is one of the major massive multiplayer online (MMO) games market trends that will positively impact the market growth. However, delivering gaming content online will hamper the massive multiplayer online (MMO) games market growth.
The market is fragmented due to the presence of several players. Some of the major massive multiplayer online (MMO) games market vendors are Activision Blizzard Inc., Aeria Games GmbH, Ankama Games, CCP EHF., ChangYou.com Ltd., CipSoft GmbH, Cryptic Studios Inc., eGames LLC, Electronic Arts Inc., GungHo Online Entertainment Inc., Jagex Ltd., King.com Ltd., KONAMI HOLDINGS CORP., NCSoft Corp., Take Two Interactive Software Inc., Tencent Holdings Ltd., The Walt Disney Co., Valve Corp., WebZen Inc., and Wemade Co. Ltd.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2022-2026.
CAGR of the massive multiplayer online (MMO) games market forecast during 2022-2026.
Market-level data on units, average selling prices, and values of the massive multiplayer online (MMO) games market share.
Prediction on the upcoming trends, drivers, and factors that challenge the growth of the massive multiplayer online (MMO) games market.
Massive multiplayer online (MMO) games market industry growth across APAC, North America, Europe, South America, and Middle East and Africa.
