- In April 2021, Sony introduced its PlayStation 5 console in China. The PS5's disc version will cost 3,899 yuan (USD 602), while the digital-only version will cost 3,099 yuan. Sony's console will be available in China on May 15, with pre-orders starting on April 29.
- In July 2021, Valve has released the Steam Deck, a new mobile gaming platform that will compete with the Nintendo Switch. Steam Deck is a small PC game system that runs on its own SteamOS. Although it has a comparable form factor to previous game consoles, it is more powerful than its competitor, the Nintendo Switch.
Frequently Asked Questions
The market is segmented based on Segmentation, By Component (Hardware, Software), Console Type (T.V. Gaming Console, Handheld Gaming Console, PC Gaming Console, Hybrid Consoles, Dedicated Consoles, Digital Consoles, Online/Microtransaction Consoles), Platform (PlayStation, Xbox, Wii, Others), Technology (Virtual and Augmented Reality, Motion Jump Technology, Polarized Shutter Technology, Automatic Stereoscopy, Xbox Illumiroom, Others), Age Group (0-22 Years, 23-32 Years, Above 33 Years), Gamer (Hard-Core Gamer, Casual Gamer), Application (Shooter, Action, Sport Games, Role-Playing, Adventure, Racing, Fighting, Strategy), Device (TV, Computer/PC, System Consoles), Distribution Channel (Online Distribution Channel, Offline Distribution Channel), End Use (Household Usage, Commercial Usage) – Industry Trends and Forecast to 2032
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The Global Gaming Consoles Market size was valued at USD 73.33 USD Billion in 2024.
The Global Gaming Consoles Market is projected to grow at a CAGR of 9.5% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.