US Video Game Market Analysis 2021-2025: Activision Blizzard Inc., Alphabet Inc., and Bluestack Systems Inc. are Among the Major Vendors
The video game market share in the US will post an incremental growth of USD 16.56 million, progressing at a CAGR of 11% during the forecast period. The rising penetration of smartphones and improving internet access will offer immense growth opportunities to market vendors. The 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 “Video Game Market in the US by Type and Platform - Forecast and Analysis 2021-2025” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The video game market in the US is segmented by type (Offline and Online) and platform (Mobile devices, Consoles, and Computing devices).
The growth of the video game market size in the US by the offline segment will be significant during the forecast period. 55% of the market’s growth will originate from offline during the forecast period. Factors such as the evolution of pc gaming and the gaming console market will significantly influence the video game market growth in the US.
The rising penetration of smartphones and improving internet access will directly influence the sales of the video game market in the US. In addition, the evolution of pc gaming is one of the major video game market trends in the US that will positively impact the market growth. However, factors such as the growing cost of game development will hamper the video game market growth in the US.
The market is fragmented due to the presence of several players. Some of the major video game market vendors in the US are Activision Blizzard Inc., Alphabet Inc., Bluestack Systems Inc., Electronic Arts Inc., Microsoft Corp., Nintendo Co. Ltd., NVIDIA Corp., Sony Corp., Tencent Holdings Ltd., and Valve Corp.
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.
Download the Free PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the market growth.
Precise market size estimation during the forecast period 2021-2025.
CAGR of the video game market in the US forecast during 2021-2025.
Market-level data on units, average selling prices, and values of the video game market share in the US.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the video game market in the US.
Video game industry growth across the US.
