Gaming Consoles Statistics 2024

Introduction

Gaming Consoles Statistics: As of studies, by the top of 2026, the worldwide market share of the gaming console business is anticipated to be above $75.54 billion. The market share of this business is rising enormously all over the world and the principle components of the market progress are further perks, options connecting with the consoles, technological development, and fast urbanization.

These Gaming console statistics embody insights from numerous elements that present mild on how briskly the market is enhancing all over the world in latest days.

Editor’s Alternative

• The entire cash created from gaming consoles globally is anticipated to succeed in $24.1 billion by the top of 2024.
• From 2024 to 2028, the gaming consoles market is predicted to develop at a fee of 2.12% every year.
• In the US, the cash created from gaming consoles is more likely to be $7,484 million by the top of 2024.
• On common, the income generated from every individual for gaming consoles is estimated to be $3.11 in 2024.
• The entire variety of gaming consoles anticipated to be offered by the top of 2028 is 63.49 million models.
• In 2025, the variety of consoles offered is anticipated to extend by 1.9%.
• In 2023, the most important a part of the market was for console {hardware} (like PlayStation, Xbox), making $19 billion.
• The annual progress of the console {hardware} market is anticipated to be 1.4% by the top of 2023.
• The PlayStation 5 was the most well-liked recreation console worldwide in 2023, with 45.4 million models offered.
• As of February 2023, Tetris is the top-selling console recreation, with greater than 520 million models offered globally.

Details of Gaming Consoles

• In keeping with the studies of Techpenny, by the top of 2023, there can be greater than 3 billion lively video players all over the world.
• In 2023, income generated by gaming consoles can be greater than PC gaming.
• In the US, 40% of adults personal a gaming console resembling PlayStation or Xbox.
• Within the 1st quarter of 2023, international recreation console cargo has grown by 32% and has reached 10.3 million models.
• In keeping with the studies of Market Analysis Future studies, by 2027 the market dimension of the moveable gaming console is anticipated to succeed in $17 billion with a CAGR of 6%.
• As to studies, the projected market dimension of worldwide 3D gaming consoles goes to be $23.5 billion by the top of 2026 with a CAGR from 2021 to 2026.
• In keeping with IMARC studies, the important thing gamers available in the market are Superior Micro Gadgets Inc., Ataaru VCS LLC, Bandai Namco Studios Inc., Microsoft Company, Nintendo Co. Ltd., NVIDIA Company, and Sony Group Company.

Common Gaming Consoles Statistics

• As of graph evaluation, the gaming console market dimension in 2023 resulted in $53.36 billion and $75.54 billion by the top of 2028 with a CAGR of seven.20% from 2023 to 2028.
• In keeping with prime gaming statistics by builders, 31% of builders are working for PlayStation5 within the context of next-generation consoles.
• In keeping with the studies of Knowledge Bridge Market Analysis, the worldwide market dimension of Gaming consoles is meant to succeed in $115.42 billion by the top of 2029 and is anticipated to succeed in a CAGR of 9.5% from 2022 to 2029.
• In keeping with the studies of Mordor Intelligence, by the top of 2023, the anticipated market dimension of the gaming console business has reached $53.36 billion.
• Whereas, the income earned by this business is anticipated to develop at a CAGR of 0.4% from 2020 to 2026.
• By the top of 2023, the worldwide gaming console market is anticipated to develop at a CAGR of 4.3% from final yr.
• In 2022, globally the bestselling online game console is Nintendo Change with above 19 million models.
• In keeping with studies, all over the world common time spent on gaming consoles is sort of 7.11 hours per week.
• In 2023, roughly 3.26 billion individuals all over the world have performed video video games by way of consoles, PCs, tablets, and smartphones.

(Supply: mordorintelligence.com)

Related Recreation Console Statistics

• In keeping with Future Market Insights, income earned by the linked recreation console market in 2023 resulted in $19.5 billion and is anticipated to succeed in $75.2 billion by the top of 2033 with a CAGR of 14.4% from 2023 to 2033.
• As of 2023, the biggest linked recreation console market share was generated by the North American area and is anticipated to succeed in $18.5 billion by 2033.
• Whereas in the US, the linked recreation console market goes to develop at a CAGR of 11.3% leading to $5 billion in income in 2023.
• Whereas, the market in South Asia and the Pacific area is anticipated to develop at a CAGR of 18.6% from 2023 to 2026.
• Within the East Pacific area, China has adopted the best linked recreation console in 2023 and is predicted to develop at a CAGR of 16% from 2023 to 2033 leading to $4.7 billion by 2022.
• Whereas, in Japan, the market share of the linked recreation console market is anticipated to develop at a CAGR of 18.1% from 2023 to 2033 and lead to $3.4 billion by 2024.
• Primarily based on software, the non-gaming section is anticipated to develop at a CAGR of 16.1% from 2023 to 2033.
• In keeping with the studies of FMI, the console service section is anticipated to succeed in a CAGR of 13.3% from 2023 to 2033.
• Primarily based on software, the best progress goes to be captured by the gaming section with a CAGR of 16.1% from 2023 to 2033.

Gaming Console Statistics by Sort

(Reference: statista.com)

• As of the above graph evaluation 2023, the market worth of worldwide console statistics by varieties is adopted by bodily {hardware} ($19 billion), bodily software program ($8 billion), digital full recreation ($8 billion), add-on content material ($15 billion), and subscription ($10 billion).
• Whereas in 2024, gaming console anticipated revenues by sort are adopted by bodily {hardware} ($18 billion), bodily software program ($6 billion), digital full recreation ($8 billion), add-on content material ($17 billion), and subscription ($11 billion).
• Lastly in 2025 and 2026 predicted income earned by gaming console varieties are bodily {hardware} ($19 billion and ($17 billion), bodily software program ($6 billion and ($6 billion), digital full recreation ($8 billion and $7 billion), add-on content material ($19 billion and $19 billion), and subscription ($11 billion and 12 billion) respectively.

Gaming Content material Market Worth Statistics by Distribution

(Reference: statista.com)

• As of the above graph evaluation, in 2023 complete console gaming market gross sales have resulted in virtually $33.4 billion and $41.9 billion by PC gaming market all over the world. Whereas, in 2023 packed gaming gross sales resulted in $7.6 billion.
• In 2024, the anticipated gross sales worth of the gaming console market is $35.6 billion, and $37.8 billion by the top of 2025.

Console Recreation Statistics by Gross sales

• As of February 2023, the best-selling console recreation is Tetris with gross sales of over 520 million unit shipments all over the world.
• , Minecraft is the 2nd best-selling console internationally with gross sales of greater than 238 million copies of the sport.
• As of Might 2023, the best-selling console online game is PlayStation 2 with 156 million models all over the world.
• As of 2023, the most-selling current-gen recreation console all over the world is PlayStation 5 leading to 45.4 million models.
• As of Statista studies by December 2023, Nintendo’s Change is among the prime 5 best-selling console video games with over 131 million models.

Console Gaming Statistics by Demographics

• In keeping with the studies of Statista, by June 2023 round 11% of individuals are normally spending above 20 hours per week taking part in video video games in the US of America.
• Whereas, 30% of U.S. console players roughly spent 1 to five hours per week taking part in video video games in 2023.
• As of Statista survey evaluation, in September 2023 within the U.S. 28% of individuals aged between 20 years to 29 years performed console video video games usually.
• Throughout the identical interval, 58% of males and 42% of females performed console video games within the U.S. by September 2023.
• In 2023 based mostly on genres, 62% of U.S. console players performed motion video games and 47% of players performed shooter video games.
• In keeping with studies, all over the world common time spent on gaming consoles is sort of 7.11 hours per week.
• In keeping with knowledge shared by ZarkCentral, in Europe, time spent on gaming consoles is roughly 7.98 hours per week.
• 35% of United States console players are aged between 18 years to 34 years, whereas different age teams of console players in nations are 34% in Japan (10 years to 19 years), and 46% in the UK (above 35 years).
• Primarily based on earnings stage, 54% of adults’ annual earnings is $75,000 are personal a single gaming console.

Console Gaming Statistics by Nation

• In keeping with Statista Market Insights in the US, income generated by the market is predicted to be $7.4 billion by the top of 2024.
• Income generated by different prime nations in 2024 is adopted by Japan ($2.9 billion), the UK (42. billion), France ($1.5 billion), and Germany ($973.2 million).
• Whereas, the projected market progress is anticipated to succeed in a CAGR of 1.12% (Japan), 2.93% (United Kingdom), 1.39% (France), and 1.84% (Germany) from 2024 to 2028.

Console Gaming Statistics by Area

(Supply: technavio.com)

• In keeping with the studies of Technovia, the gaming console business within the Asia Pacific area, the expansion fee is anticipated to succeed in 51% from 2017 to 2027.
• As of 2024, income earned by the APAC area over the gaming consoles market is anticipated to be $5.8 billion with a CAGR of 2024 to 2028.
• Moreover, others are adopted by Europe, the Center East, and Africa (EMEA) area anticipated market income is $9.3 billion (1.92% of CAGR), within the Latin American area (4537.6 million) with a CAGR of three.02% from 2024 to 2028.

Console Gaming Statistics by Cargo Share

(Supply: gizmochina.com)

• As of studies within the console discipline, Sony is main over Microsoft in 2023.
• Within the third quarter of 2023, available in the market of gaming consoles market, Sony Company is main with its PlayStation 5 with a market share of 54%.
• Within the 2nd quarter of 2023, the gross sales of Play Station 5 accounted for 4.9 million models, and Spider-Man 2 with 5 million unit gross sales.
• Whereas in 2023, Nintendo’s shipments have dropped by 15% from final yr however stored a robust share of 27% market share as of now.
• It’s anticipated that by the top of 2024, cargo models of Nintendo Change goes to succeed in 15 million models.
• Microsoft’s Xbox Sequence X/S shipments have additionally declined by 6% in 2023 leading to 1.8 million models.
• However, the market share of Xbox Sequence X will account for 72% product share by 2023.

(Supply: googleusercontent.com)

• In keeping with the studies of True Listing within the 1st quarter of 2023, the main gaming console gross sales have been accounted by PlayStation 5 leading to 1.2 million models which is adopted by Nintendo Change (1.1 million models offered), and Xbox Sequence (450 Okay models offered).

Console Gaming Statistics by Working System

(Reference: statcounter.com)

• As of the above chart illustration evaluation, the market share of console working techniques within the yr 2023 is adopted by January (PlayStation = 85.2% and Xbox = 14.76%), April (PlayStation = 84.34% and Xbox = 15.55%), August (Xbox = 96.96% and PlayStation = 3.03%), December (Xbox = 75.66%, PlayStation = 24.32%, and Nintendo = 0.02%).

Conclusion

As of right now, trying on the Gaming Consoles Statistics, there are tens of millions of Gaming Consoles followers unfold all over the world. Gaming consoles began changing into standard regularly after the COVID-19 pandemic. Together with the implementation of superior technological enhancement thus, the gaming console business is elevating billions of income share enormously in coming years.

The market progress of worldwide gaming consoles is anticipated to develop at a CAGR of 4.11% from 2023 to 2028. This text consists of a number of efficient statistical analyses which might be segmented into completely different sections and defined elaborately above, hope it will assist in understanding the subject higher.

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