Is the PC gaming market growing?

The global gaming PC market is expected to grow at a compound annual growth rate of 12.9% from 2023 to 2030 to reach USD 129.9 billion by 2030. Which segment accounted for the largest gaming PC market share? Based on product category, the desktop segment dominated the market in 2022 with a share of more than 55.0%.
Takedown request View complete answer on grandviewresearch.com

Is PC gaming still growing?

The free-to-play (F2P) PC gaming market has seen its revenue grow year-over-year since 2018. As of 2024, annual market revenue for F2P PC games is estimated to hit $25.22 billion. Similarly, premium PC games revenue continues to increase, climbing from $5.38 billion in 2008 to an estimated $26.33 billion in 2024.
Takedown request View complete answer on explodingtopics.com

Is PC gaming getting more popular?

While not as popular as during its peak in the early 2000s – and perhaps overlooked during the console wars between PlayStation and Xbox – the PC gaming industry is alive and well. Global PC gaming revenue topped 80 billion U.S. dollars in 2023.
Takedown request View complete answer on statista.com

How big is PC gaming market?

According to Zion Market Research, the global PC games market size was valued at approximately USD 29.16 billion in 2022. Experts predict that it will reach around USD 32.11 billion by 2030, with a compound annual growth rate (CAGR) of about 1.21% from 2023 to 2030.
Takedown request View complete answer on linkedin.com

Is gaming a growing industry?

Gaming has had a meteoric rise since the '70s, and the industry is still growing. The gaming industry is expected to be worth $312 billion by 2027.
Takedown request View complete answer on forbes.com

Has PC Gaming Become Too Expensive for Consumers?

Does gaming have a future?

The Current Gaming Industry

Growing at an annual rate of 7.89% percent, the market is expected to approach $522 billion by the end of 2027. This means that employment prospects for video game professionals are significantly better than those for the average of all occupations.
Takedown request View complete answer on ucumberlands.edu

Is gaming a good future?

The future of gaming looks bright, with the emergence of new technologies such as virtual reality and the increased prevalence of mobile gaming. Virtual reality (VR) has the potential to revolutionize the gaming industry by immersing players in a fully interactive and realistic digital world.
Takedown request View complete answer on timesofindia.indiatimes.com

Is PC market shrinking?

Analyst Gartner has reported that 2023 was the worst year in PC history, declining 14.8% in 2023. It said 2023 represented the second year in a row with a double-digit decline, where worldwide PC shipments totalled 241.8 million units, down from 284 million units in 2022.
Takedown request View complete answer on computerweekly.com

Are gaming PCs in demand?

Which segment is leading the Market in 2022? The Desktop segment is leading the Global Gaming PC Market by Product in 2022 thereby, achieving a market value of $62.6 billion by 2030.
Takedown request View complete answer on kbvresearch.com

Is the PC gaming market bigger than console?

PC games have generated more revenue than console games for the past 10 years, but mobile dwarfs them both. Visual Capitalist recently released an infographic and article showcasing the market share of video game revenue, scaled to the massive success of mobile gaming at $101 billion in 2022.
Takedown request View complete answer on tomshardware.com

Is gaming growing or dying?

The industry has experienced continuous growth for several years, driven by factors such as technological advancements, the popularity of esports, the rise of mobile gaming, and the expansion of the gaming audience across various demographics.
Takedown request View complete answer on quora.com

Is PC gaming making a comeback?

The PC and console markets are having their best year to date. Together, PC and console games will generate revenues of $95.2 billion in 2023—or, 51% of the entire games market. These revenues will be driven by 892 million players on PC and 629 million on console.
Takedown request View complete answer on newzoo.com

Why is everyone switching to PC gaming?

On PC you can play past games with higher framerates and bug fixes via emulators. Uses: Consoles are for gaming and watching Netflix on occasion. On PC you can turn it into a full-blown multimedia center and workstation.
Takedown request View complete answer on steamcommunity.com

What will PC gaming be like in 2030?

But as we advance towards 2030, there will be greater demand for high-quality, secure connectivity, as well as the need for low latency and high bandwidth to facilitate the amount of data and edge computing involved in the games of the future.
Takedown request View complete answer on ericsson.com

How long until a gaming PC is outdated?

If you haven't upgraded any of your gaming PC's hardware or components, it should last for two to four years. After that, you'll likely start to see a significant drop in performance. Why? One reason is that newer games demand more graphics, memory, and storage, making it harder for older hardware to run them.
Takedown request View complete answer on crucial.com

Which country has the most PC gamers?

China is the market leader with a share of $13.2 billion in 2021 accounting for 30% of the global market size in the PC gaming segment. This shows the dominance China has in the PC gaming industry.
Takedown request View complete answer on globaldata.com

Are gaming PCs good investments?

While consoles are primarily designed for gaming, gaming PCs can also be used for a range of other tasks, such as video editing, graphic design, and streaming. This makes them a great investment for those who not only want to game, but also need a powerful computer for work or other hobbies.
Takedown request View complete answer on utech.co

Is PC gaming worth the hassle?

Absolutely. You can enjoy PC gaming with budget or high-end components, but the experience is top-tier compared to consoles. Higher quality, free online play, MODS, and much more make it worth it. Are you looking into getting into PC gaming?
Takedown request View complete answer on avadirect.com

What percentage of gamers are on PC?

Newzoo's Global Gamers Study 2023 has analysed the state of mobile gaming, finding that 47% of gamers play on multiple platforms, with 79% of all players gaming on their phones. This was followed by PC at 43% and consoles at 41%. Only 15% of gamers play on mobile, PC, and console..
Takedown request View complete answer on pocketgamer.biz

Why is PC market declining?

The U.S market's decline was primarily caused by weak enterprise PC demand. However, Chromebook growth driven by replacement demand in K-12 educational institutions offset some of the decline. The EMEA PC market declined 3.6% year-over-year.
Takedown request View complete answer on gartner.com

Why are PC sales falling?

Global shipments of personal computers dropped 14 per cent on an annual basis in 2023 as a result of a slowdown in demand from commercial and consumer sectors, according to a new report by Counterpoint Research.
Takedown request View complete answer on thenationalnews.com

Is PC use on the decline?

The worldwide PC market experienced a decline of 9% in shipments in the third quarter of 2023, marking the eighth consecutive quarter of decline. However, there is hope for a recovery in the fourth quarter of 2023, Gartner said in a Monday (Oct.
Takedown request View complete answer on pymnts.com

What is the future of PC gaming?

PC gaming is still on the same upward trajectory it has been since 2019, after COVID brought many people back to digital entertainment, especially with many people working from home and deciding to give it a go on their work PCs, or even building PCs to work online and finding their way to gaming.
Takedown request View complete answer on anigma.com

How will gaming look like in 10 years?

Over the next decade, we can expect gaming to become more immersive, interconnected, and transformative than ever before. As developers push the boundaries of technology and creativity, players can look forward to a thrilling era of gaming that defies imagination.
Takedown request View complete answer on linkedin.com

What is the next big thing in gaming?

Technology will help create sophisticated and dynamic in-game environments, making the gaming industry more powerful and successful. What are the next big things in gaming? The next big things in gaming are Metaverse, Blockchain, NFT, AR, VR, Esports, Hyper Casual Gaming, AI, ML, etc.
Takedown request View complete answer on 300mind.studio

Previous question
Is Switch Just Dance worth it?
Next question
Are Switch games tied to console or account?