United States Video Game Market Report 2021-2025
The United States video game market is projected to experience significant growth over the next few years, driven by increasing smartphone penetration, improving internet access, and the growing popularity of eSports tournaments. The market is expected to reach $14.81 billion by 2025, up from $12.24 billion in 2020, with a compound annual growth rate (CAGR) of 11%.
Key Takeaways:
- The video game market in the US is projected to grow at a CAGR of 11% from 2021 to 2025, reaching $14.81 billion by 2025.
- The market is driven by the increasing popularity of eSports tournaments, with the number of gamers participating in such events expected to reach 70 million by 2025.
- The market is also driven by the growing penetration of smartphones and improving internet access, with the number of smartphone gamers expected to reach 100 million by 2025.
- The report provides an analysis of the key vendors in the market, including Activision Blizzard, Alphabet, Bluestack Systems, Electronic Arts, Microsoft, Nintendo, NVIDIA, Sony, Tencent, and Valve.
- The market is expected to be driven by innovations in technologies such as augmented reality (AR) and virtual reality (VR).
- The report highlights the impact of the COVID-19 pandemic on the market, with the pandemic accelerating the shift to online gaming.
- The market size in 2020 was $12.24 billion.
- The market is expected to grow by $16.56 million by 2025.
- The CAGR from 2021 to 2025 is 11%.
- The market is expected to reach $14.81 billion by 2025.
- The market is expected to reach $2.12 billion by 2025, up from $1.88 billion by 2020, for the PC gaming segment.
Statistics:
- The US video game market is expected to reach $14.81 billion by 2025, up from $12.24 billion in 2020.
- The market is projected to grow at a CAGR of 11% from 2021 to 2025.
- The number of gamers participating in eSports tournaments is expected to reach 70 million by 2025.
- The number of smartphone gamers is expected to reach 100 million by 2025.
- The market size in 2020 was $12.24 billion.
- The market is expected to grow by $16.56 million by 2025.
- The PC gaming segment is expected to reach $2.12 billion by 2025.
Sources:
- ResearchAndMarkets.com, "Video Game Market in US 2021-2025"
- ResearchAndMarkets.com, "US Video Game Market Report 2021-2025"
- M2 Communications, "M2 PRESSWIRE-March 3, 2021-"