(Source: Finances Online) The PlayStation held a massive 57.5% market share in 2020, making the Sony premier gaming console the one to beat. PC Gaming vs Console Gaming (Pros&Cons) 2017 was a year to remember for gamers, largely due to the impressive success of Nintendo's new console - the Nintendo Switch. Sony Interactive Entertainment's estimated value is $13.4 billion. So today, aside from the Nintendo Switch's ARM processor, we can state that AMD clearly dominates the gaming console market - and its market share in PC . Hence, the video gaming industry provides a wide range of . Global Gaming Market Share by Regions: 2020 VS 2027. Games for consoles are now being released in mobile versions. As the Newzoo market report asserts, the global games earnings will climb to $137.9 billion in 2018 and reach $180 billion in 2021.. PC and console gaming accounted for 24% and 25% of the global market share, while mobile took the remaining 51% of revenue. Not only in power consumption, but in the . Surprisingly, PC games are better in comparison to console games and for many good reasons. PC gaming has been bigger than consoles since 2013. Figure 15. I'm also not denigrating anyone for playing on PC - that's a totally valid choice, but there is a reason that the console share of the gaming market is growing at a higher rate than the PC share. you will no doubt have an intimate knowledge of PC vs. 2 Mobile, which we'll discuss shortly, represents the biggest market with 46% share or $68.2 billion. Console and PC Are Still on Track for Healthy Growth. Apparently PC gamers spend a lot longer gaming than console users, too — 8 hours, as opposed to 1.4 hours on the Wii, and 4 hours on the PS3 and Xbox 360 (though it doesn't say whether this is . Answer (1 of 7): In terms of revenue from games sold they are around the same. The global gaming market is set to reach $256.97 billion by 2025. Global Top Gaming Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Gaming as of 2020. Console. Get in touch with us now. The Future Also Looks Bright for PC and Console. This Techspirited article puts the two against each other, and gives you the lowdown on the console vs. PC gaming war. Global Gaming Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) The Gaming Market is segmented by Gaming Type (Console, Tablet, Smartphone, Downloaded/Box PC, Browser PC), and Geography. From the market size, forecasted revenue, to the overall market value in console video gaming, here are the latest video gaming console industry statistics and trends of 2020. PlayStation vs Xbox - one clear winner Based on current market share data, Sony's Playstation comes out as the most popular gaming console by taking 65.05% of the global console market share. But this growth won't last too long, as monthly digital gamers are expected to increase by just 1.1% in 2021. The prediction from Newzoo is that in 2019 it will increase by about 9.6 . As a result, the global digital PC games market is expected to grow from $ 5 billion in 2020 to $ 5.18 billion by the end of 2021. The price of console games remains, on average, higher over time, while the price of PC games tend to fall quickly, allowing you to buy the games you want at lower prices within a few months from the release or a bunch of bucks after a year. Consoles account for slightly more market share, at 28 percent, while mobile . A good gaming PC is very expensive but if you can maintain the integrity of the PC then you won't regret buying one. Gaming Market Share. However, there were over 50 companies competing for market share. Figure 12. The PlayStation was the most popular console in 2020. So alive, in fact, that the PC gaming segment is already twice the size of the console gaming market - and growing. The other thing about PC gaming is that computers are just disastrously less efficient than consoles, especially the new systems, in almost every way. Global AR and VR Gaming Market Share by Regions: 2020 VS 2027 Figure 12. Global Gaming Market Share by Regions (2022-2027) Figure 13. PC gaming accounted for 23% of market revenue last year, while mobile gaming accounted for 46%. PC and console are still on a track for healthy growth. PC Gaming vs Console Gaming Statistics 22. The global sales of gaming PCs grew by 16.2% during 2020, thanks in no small part to the COVID-19 pandemic and its stay-at-home orders, but the growth isn't forecasted to end there: Data from UK . Mobile vs Pc vs Console Gaming A video game is an electronic game that may be played on a computer, gaming console, or smartphone. China is the world's largest gaming market, and half of its internet users do not even possess a personal computer. 1 PCs fall slightly behind with 24% market share or $35.3 billion. The space in the gaming hardware market between PCs and consoles just waiting to be exploited . When you're looking through games, consoles may come off as attractive choices because they offer many games, media capabilities and are readily available. Global AR and VR Gaming Market Share by Regions (2022-2027) Figure 13. With the PlayStation Vita being all but abandoned and the 3DS showing its age it is not unexpected to see Handheld gaming decline, with casual . Over the past few decades, the Indian gaming industry has gone from close to nonexistent in the 1990s to one of the top markets globally in the late 2010s. Then again, it will have a 7-inch screen, so 4K would not be feasible anyway. The thing about this debate is that it never really rests. The Top 10 and 5 Players . The study found the PC gaming market is worth $21.5 billion USD - over twice the size of its competitors in the console industry. Useful Notes /. I don't see this declining trend for PC gaming slowing any time soon, unless something changes drastically. The PC gaming industry was worth an estimated $33.4B in 2018, accounting for roughly 25 percent of all gaming spending. Let's see a few examples; here's the price of some PC games roughly released the last year, but also available on consoles . Despite the growth in PC gaming, consoles still make up a larger portion of the gaming market. In a nutshell, gaming PC is way better than a gaming console. And, according to Valve's promise, it will run triple-A games - well, not in 4K but in an acceptable 720p. 3. If PC and console were decreasing while mobile was growing then you would be right since at that point they would be losing . With an ever-growing number of smartphone users expected to go over 5 billion in 2018 . Consoles account for 30% of the 2019 global gaming market at $45.3 billion. As technology rapidly improves and esports gains popularity, the PC versus console gaming war seems to have built up into an inferno. PC dominates market with 51%, Console at 30% and Mobile at 13%, according to new report. For gamers in the latter category, there comes a . A . Console fanboy debates. As a new Jon Peddie Research report (via MCV) claims, the total value of PC gaming hardware market worldwide is more than $21.5 billion, that is twice the worth of console gaming market, and it is . 2 days ago. PC vs. The value chain of the gaming industry works similar to other creative industries like the film industry. This Techspirited article puts the two against each other, and gives you the lowdown on the console vs. PC gaming war. Based on gaming console type T.V gaming consoles accounted for the largest revenue share of 91% in global gaming console market in 2016. This graph shows the market share of desktop vs mobile vs tablet vs console worldwide based on over 10 billion monthly page views. Gaming Market Size, Share & COVID-19 Impact Analysis, By Game Type (Shooter, Action, Sports, Role-Playing, and Others), By Device Type (PC/MMO, Tablet, Mobile Phone, and TV/Console), By End-User (Male and Female), and Regional Forecast, 2021-2028 , Jan 10, 2022. PC gaming vs console gaming. Billions of dollars are pouring in as transformations occur on multiple fronts, including in mobile, PC, and console gaming markets. Sales of PC and console games and hardware spiked across Europe, Middle East, Africa and Australasia. 6.1 Platform 6.1.1 PC 6.1.2 . While handheld devices such as the Nintendo Switch offer a mobile alternative, it still doesn't pack enough punch to truly compete on an even field with the PC and console market — and the . Downloaded/boxed PC games will grow with a CAGR of +4.2% from 2017 to 2021, generating $32.3 billion in 2021. But most importantly of all, by 2021, mobile gaming is set to be worth . With so many choices for video games that are out there in the market it can be hard to decide which platform to use, whether you've just started playing as a fun hobby or if you are an avid long-time gamer. But most importantly of all, by 2021, mobile gaming is set to be worth . PC and console gaming accounted for 24% and 25% of the global market share, while mobile took the remaining 51% of revenue. Global AR and VR Gaming Market Share by Players in 2020 Figure 14. This year, console will generate $34.6 billion and capture 25% of the market. By Marshall Honorof published 14 July 17 If you're in the market for a PC or game console, consider the following factors and weigh your options . Vendors, including Sony and Microsoft, have dominated the gaming console industry for a considerable time and continue to align their strategies to leverage the willingness of hardcore gamers to pay a premium on high-performance consoles. However, in terms of numbers of gamers a lot is overlapping, since many have more than one device. According to market share data, the PlayStation 5 takes a clear win in popularity over the Xbox Series X/S. 8. In 2020, the console gaming market experienced its slowest growth rate since 2015. According to popular market research site, SuperData, by the end of 2013, PCs accounted for 51%, while consoles made up for 30% of the gaming market. 9. Most gaming markets have seen growth in the past year, but handheld console games and casual webgames on the PC have seen large decreases, with market value declines of 24.1% and 7.5% respectively. A new report by SuperData, that was released by Digital River, suggests that the focus of gaming market has . Video gaming in India is an emerging market since India is experiencing strong growth in online gaming, making it one of the top gaming markets in the world. Here are reasons why: Market share for gaming platforms in 2019 Last year the gaming market generated somewhere around $138.7 billion in revenue. With the release of the next-gen console hardware, the video gaming console industry statistics and trends have changed from how they were perceived 5 years ago. The report took into account market sales of personal computers . Revenue Share & Forecast to 2030. Video games are divided into two categories: computer games and console games, depending on the platform. As with Console Wars, fans of both platforms will argue on which is better for gaming. Bot are actually growing ATM, but the consoles are growing much, much faster. 6.1 Top 5 Export Countries in Mobile, PC and Console Gaming and Animation market from 2014 to 2019 . Gaming Devices and Platforms. PC vs. Also, the gaming industry is expected to reach $ 7.64 billion in 2025 at a CAGR of 10%. Players spent $4.5 billion on immersive games until 2020. 3 The Gaming Consoles market is expected to register a CAGR of 18.4% over the forecast period 2021 - 2026. Despite PlayStation's clear victory, … PS5 vs XSX: Data reveals the most popular console . Over the past decade, the Chinese mobile gaming market has developed by leaps and bounds, accounting for over 76 percent of China's total gaming sales . Gamers, worldwide, swear by the gaming experience on . Global Top AR and VR Gaming Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in AR and VR Gaming as . Popular gaming consoles developed by these players include PlayStation 4 by Sony Corporation, Xbox One by Microsoft Corporation, and Wii U by Nintendo Co., Ltd. Market players are largely focusing on offering product differentiation and innovation with a view to increasing their market share. Although mobile gaming is all set to experience tremendous growth in the coming years, PC and console gaming aren't going anywhere. Table Consumption Share of Mobile, PC and Console Gaming and Animation by Different End-Users from 2014 to 2026 Figure Market Size and Growth Rate of . It is predicted that by 2021, mobile gaming will account for 52 percent of the worldwide gaming business, while PC gaming will account for 20 percent. AMD grew its market share thanks to the millions of semi-custom x86 architecture chips it shipped for Microsoft's Xbox One and Sony's PlayStation 4 gaming consoles, an analyst said Tuesday. The games market can be broadly divided into five segments: browser PC games, console games, downloaded/boxed PC games, smartphone games, and tablet games. To realize how much computer games . The distribution of the PC, console, and mobile markets looks like this. The prediction from Newzoo is that in 2019 it will increase by about 9.6 . In 2020, revenue from the global PC games market was estimated at nearly $ 37.4 billion, while the mobile games market generated a revenue of over $ 86.3 billion. T.V gaming console segment is the fastest growing segment, likely to expand at a CAGR of 4.1% over the forecast period i.e.2017-2030.
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