Outlook on the Video Games Global Market to 2026 - Inclining Smartphone Penetration is Driving Growth
The global video game market is forecasted to reach US$294.35 billion in 2026, experiencing growth at a CAGR of 8.53% during the period spanning from 2022 to 2026.
- The global video game market is forecasted to reach US$294.35 billion in 2026, experiencing growth at a CAGR of 8.53% during the period spanning from 2022 to 2026.
- Growth in the video game market is supported by factors such as rising number of gamers, surge in gen Z population, inclining smartphone penetration, increasing disposable income and rising internet penetration.
- However, the market growth is expected to be restrained by piracy protection issues, cyber security issues and health issues.
- The global video game market by device can be segmented as follows: mobile, console and personal computer (PC).