Europe game market

Report Code GA1006

Vision Value Visibility Europe Games Market Outlook: Industry Analysis, Market Forecast 2016-2024

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Europe Games Market Outlook: Industry Analysis, Market Forecast 2016-2024 Sample Request

Europe Games Market

Market Overview Europe is one of the most lucrative markets for video game consumption in the world, ranking behind North America and Asia Pacific in terms of revenue share in global games market. Europe games market is majorly acquired by the Western Europe countries such Germany, U.K, France and Italy. With more than 90% penetration of smartphones in Europe, more than 30% population of Europe plays games online on their smartphones. In United Kingdom, there are more than 2000 gaming firms ranging from micro-studios that are developing games for the escalating mobile market, to internationally respected independent studios and international publishers. More than 60% of all registered gaming companies in Europe are registered in the last five years, boosted by the Smartphone revolution.

Goldstein Research analyst forecast the Europe Games market to expand at a CAGR of 5.0% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 34.9 billion by the end of forecast period.

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Vision Value Visibility Europe Games Market Outlook: Industry Analysis, Market Forecast 2016-2024 Covered in this Europe Games Market Report

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The report covers the present ground scenario and the future growth prospects of the Europe games market for 2016-2024 along with the total revenue of gaming industry in every country. We calculated the market size and revenue share on the basis of revenue generated per segment, region, and screen on a regional, and country level.

The revenue forecast is given on the basis of number of game publishers and current growth rate of the market.

Europe Games Market Segmentation

By Component Type • • • • • •

Hardware Gaming Consoles Gaming Peripherals Software Cloud Services Gaming Software

By Gaming Platform Type • PC • T.V Gaming Consoles • Mobile • Classic Games • Casual Web Games Published By: Goldstein Research Copyright

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Vision Value Visibility Europe Games Market Outlook: Industry Analysis, Market Forecast 2016-2024 Sample Request

By Game Genre • • • • • •

MMO (Massively Multiplayer Online) Strategy RPG (Role Playing Games) Action/Adventure Sports Other (Educational etc.)

By Distribution Channel • •

Online Distribution Channel Offline Distribution Channel

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Vision Value Visibility Europe Games Market Outlook: Industry Analysis, Market Forecast 2016-2024 Europe Games Market Analysis

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Based on gaming platform, PC and TV gaming consoles accounted for the largest revenue share of 65% in Europe games market in 2016. Mobile gaming segment is the fastest growing segment, likely to expand at a CAGR of 9.6% over the forecast period i.e.2016-2024.

Europe Games Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Europe games market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Europe games market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our Europe Games market report comprises of the following companies as the key players in the Europe games market: Activision Blizzard, Electronic Arts, Microsoft, Sony, Tencent Holdings, Ubisoft, Nintendo, Mojang, Apple.

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Vision Value Visibility Europe Games Market Outlook: Industry Analysis, Market Forecast 2016-2024 Sample Request According to our Europe games market study on the basis of extensive primary and secondary research, one major trend in the market is virtual reality games. Virtual reality has gained huge popularity in last two years, since the launch of oculus and Google cardboard VR devices. Development and availability of wide range of VR gaming content for smartphones has significantly driven the growth of Europe games market.

According to the report, major driver in Europe games market is the growing mobile gaming segment in the region with the popularity of game genres such as casual game, social gaming and free-to-play MMO games are driving this growth. The growing number of Smartphone users and with more than 90% internet penetration in Europe has bolstered demand for mobile games- and it has opened up completely new customers group.

Further, the report states that one challenge in Europe games market is the lack of government initiatives to support gaming industry. The lack of government initiatives and the inadequate offering of education in the field of gaming is the major concern among the gaming industry in Europe. The government is failing to recognize the full potential of swiftly growing gaming industry and is likely to appear as the major challenge for the potential growth of Europe games market.

Geographically, Germany accounted for the highest revenue share in the region accounted for the 5% of global game sales in 2016. On the other hand U.K is the most lucrative and fastest growing games market in Europe with highest spending rates for digital game content, with 20% of population playing games online and accounted for the world’s second largest market for console gaming after France, with 71% of its 35 million gamers playing games on TV consoles. Germany provides the huge growth opportunity to the gaming industry as it’s market consist of more than 40 million gamers and quite favorable conditions for the gaming companies to grow significantly. .

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Vision Value Visibility Europe Games Market Outlook: Industry Analysis, Market Forecast 2016-2024 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting company and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our industry analysis reports in various sector along with gaming industry.

With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

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Vision Value Visibility Europe Games Market Outlook: Industry Analysis, Market Forecast 2016-2024

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Vision Value Visibility Europe Games Market Outlook: Industry Analysis, Market Forecast 2016-2024

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