European Gaming Market Analysis & Industry Forecast 2016-2024

New York, USA, 2018-Oct-30 — /EPR Network/ —According to Goldstein Research, European Gaming Market  is expected to reach USD 34.9 billion by the end of 2024, growing at a CAGR of 5.0% over the forecast period, 2016-2024. The growing number of smartphone sales and internet penetration across the region is driving the growth of the market by adding new gamer with the sales of a smartphone. Europe Games market segmentation has been done on the basis of component type, gaming platform type, game genre and distribution channel. PC and TV gaming consoles dominate the market share in 2016, having 65% share. Mobile gaming is growing at the fastest rate and is expected to grow at a CAGR of 9.6% over the forecast period.

Europe Games market is witnessing a trend of virtual reality games that have gained the highest attraction over the past two years. Germany accounted for the largest games market share and the U.K. is considered to be the opportunistic market in future. Thus Europe is an attractive investment region in the growth of the games market especially in Germany, France, the U.K.

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Market Segmentation

On the basis of our in-depth analysis, Europe Games Market can be segmented as follows:

By Component Type

  • Hardware
  • Gaming Consoles
  • Gaming Peripherals
  • Software
  • Cloud Services
  • Gaming Software

By Gaming Platform Type

  • PC
  • V Gaming Consoles
  • Mobile
  • Classic Games
  • Casual Web Games

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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European Gaming Market Analysiscontains a detailed overview of the Europe games market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by component type, gaming platform type, game genre, distribution channel and geography.

The market research report highlights the competitive outlook of major Europe players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of games market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the Europe games market discussed in the report are Activision Blizzard, Electronic Arts, Microsoft, Sony, Tencent Holdings, Ubisoft, Nintendo, Mojang, Apple, Nexon, Netmarble, NetEase, TakeTwo Interactive, Konami, DeNA, Disney, Interactive, Google, Bandai Namco, etc.

Further, The industry analysis report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Games  Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. 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 quality research and forecasting solutions.

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 market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on gaming industry statistics reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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