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 around the globe and the principle elements of the market progress are further perks, options connecting with the consoles, technological development, and speedy urbanization.

These Gaming console statistics embrace insights from numerous facets that present mild on how briskly the market is enhancing around the globe in current days.

Editor’s Selection

• The whole cash produced 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 price of 2.12% every year.
• In the US, the cash produced 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 whole variety of gaming consoles anticipated to be bought by the top of 2028 is 63.49 million items.
• In 2025, the variety of consoles bought is anticipated to extend by 1.9%.
• In 2023, the largest 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 preferred sport console worldwide in 2023, with 45.4 million items bought.
• As of February 2023, Tetris is the top-selling console sport, with greater than 520 million items bought globally.

Information of Gaming Consoles

• Based on the studies of Techpenny, by the top of 2023, there can be greater than 3 billion energetic video avid gamers around the globe.
• 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 sport console cargo has grown by 32% and has reached 10.3 million items.
• Based on 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.
• Based on 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.

Basic 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.
• Based on prime gaming statistics by builders, 31% of builders are working for PlayStation5 within the context of next-generation consoles.
• Based on the studies of Information 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.
• Based on 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 12 months.
• In 2022, globally the bestselling online game console is Nintendo Change with above 19 million items.
• Based on studies, around the globe common time spent on gaming consoles is nearly 7.11 hours per week.
• In 2023, roughly 3.26 billion folks around the globe have performed video video games through consoles, PCs, tablets, and smartphones.

(Supply: mordorintelligence.com)

Linked Sport Console Statistics

• Based on Future Market Insights, income earned by the linked sport 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 most important linked sport 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 sport 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 very best linked sport 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 sport console market is anticipated to develop at a CAGR of 18.1% from 2023 to 2033 and end in $3.4 billion by 2024.
• Based mostly on software, the non-gaming phase is anticipated to develop at a CAGR of 16.1% from 2023 to 2033.
• Based on the studies of FMI, the console service phase is anticipated to succeed in a CAGR of 13.3% from 2023 to 2033.
• Based mostly on software, the very best progress goes to be captured by the gaming phase 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 sport ($8 billion), add-on content material ($15 billion), and subscription ($10 billion).
• Whereas in 2024, gaming console anticipated revenues by kind are adopted by bodily {hardware} ($18 billion), bodily software program ($6 billion), digital full sport ($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 sport ($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 whole console gaming market gross sales have resulted in nearly $33.4 billion and $41.9 billion by PC gaming market around the globe. 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 Sport Statistics by Gross sales

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

Console Gaming Statistics by Demographics

• Based on the studies of Statista, by June 2023 round 11% of individuals are normally spending above 20 hours per week enjoying video video games in the US of America.
• Whereas, 30% of U.S. console avid gamers roughly spent 1 to five hours per week enjoying 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 avid gamers performed motion video games and 47% of avid gamers performed shooter video games.
• Based on studies, around the globe common time spent on gaming consoles is nearly 7.11 hours per week.
• Based on knowledge shared by ZarkCentral, in Europe, time spent on gaming consoles is roughly 7.98 hours per week.
• 35% of United States console avid gamers are aged between 18 years to 34 years, whereas different age teams of console avid gamers in international locations are 34% in Japan (10 years to 19 years), and 46% in the UK (above 35 years).
• Based mostly on revenue degree, 54% of adults’ annual earnings is $75,000 are personal a single gaming console.

Console Gaming Statistics by Nation

• Based on 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 international locations 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)

• Based on the studies of Technovia, the gaming console business within the Asia Pacific area, the expansion price 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 items, and Spider-Man 2 with 5 million unit gross sales.
• Whereas in 2023, Nintendo’s shipments have dropped by 15% from final 12 months however stored a robust share of 27% market share as of now.
• It’s anticipated that by the top of 2024, cargo items of Nintendo Change goes to succeed in 15 million items.
• Microsoft’s Xbox Collection X/S shipments have additionally declined by 6% in 2023 leading to 1.8 million items.
• Then again, the market share of Xbox Collection X will account for 72% product share by 2023.

(Supply: googleusercontent.com)

• Based on the studies of True Listing within the 1st quarter of 2023, the main gaming console gross sales had been accounted by PlayStation 5 leading to 1.2 million items which is adopted by Nintendo Change (1.1 million items bought), and Xbox Collection (450 Okay items bought).

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 12 months 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, wanting on the Gaming Consoles Statistics, there are tens of millions of Gaming Consoles followers unfold around the globe. Gaming consoles began turning into in style steadily 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 totally different sections and defined elaborately above, hope this may assist in understanding the subject higher.

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