Connect with us

Video Game Software Global Market Report 2022

Video Game Software Global Market Report 2022
PR Newswire
DUBLIN, April 11, 2022

DUBLIN , April 11, 2022  /PRNewswire/ — The “Video Game Software Global Market Report 2022, By Type, Genre, End User Sex” report has been added to ResearchAndMarkets….

Published

on

Video Game Software Global Market Report 2022

PR Newswire

DUBLIN , April 11, 2022  /PRNewswire/ -- The "Video Game Software Global Market Report 2022, By Type, Genre, End User Sex" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global video game software market as it emerges from the COVID-19 shut down.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Major companies in the video game software market include Microsoft, Tencent Holdings Co. Ltd., Nintendo Co. ltd., Sony Corp., Netease Inc., Electronic Arts, Google, Financiere de l'Odet, Take-Two Interactive and Bandai Namco Holdings Inc.

The global video game software market is expected to grow from $197.54 billion in 2021 to $226.97 billion in 2022 at a compound annual growth rate (CAGR) of 14.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $380.06 billion in 2026 at a CAGR of 13.8%.

The video game software market consists of sales of video game software by entities (organizations, sole traders and partnerships) that produce video game software, including businesses that are involved in design, documentation, installation and support services, producing and distributing video games. This also includes companies that are solely involved in designing and developing or in publishing only.

The main types of video game software are browser games, PC games, smart phone/tablet games and console games. A browser game is a computer game played online using a web browser over the internet. The various genre includes action, adventure, role playing, simulation, strategy, sports and others and are played by male and female end users.

The video game software market was mainly driven by rapid growth in emerging markets in the forecasted period. The International Monetary Fund (IMF)stated that the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end user markets, thereby driving the market during forecast period .

Games as a service is a software delivery method where a vendor generally hosts a gaming application in a remote server and customers can access it through the internet, also known as cloud gaming. Many game developers are providing their content through a subscription-based model, and are allowing customers to purchase additional content or features through micro transactions. This includes new in-game items, weapons, clothing, or other gear for the player's character along with in-game currency and rewards. This business-model provides a continuous revenue stream for the gaming companies instead of limiting the revenues to one-time purchases. Major companies providing games as a service include Activision and Blizzard Entertainment.

In June 2019, Immortals gaming club, a USA-based company specialized in providing esports platform through the development of software such as video game software, acquired Infinite esports & entertainment for over $100 million. The acquisition is expected to help Immortals gaming club to become a part of franchised esports leagues and to become the world's largest esports organizations, boosting elite brands such as Immortals, OpTic, MIBR and LA Valiant. Infinite esports & entertainment is a USA-based esports and entertainment holdings company that specializes in electronic sports, online media and multi-gaming.

Asia Pacific was the largest region in the global video game software market in 2021. North America was the second largest region in video game software market. The regions covered in the video game software market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the video game software market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam.

Key Topics Covered:

1. Executive Summary

2. Report Structure

 

3. Video Game Software Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

 

4. Video Game Software Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

 

5. Video Game Software Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

 

6. Video Game Software Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

 

7. Video Game Software Market Trends And Strategies

 

8. Impact Of COVID-19 On Video Game Software

 

9. Video Game Software Market Size And Growth

9.1. Market Size

9.2. Historic Market Growth, Value ($ Billion)

9.2.1. Drivers Of The Market

9.2.2. Restraints On The Market

9.3. Forecast Market Growth, Value ($ Billion)

9.3.1. Drivers Of The Market

9.3.2. Restraints On The Market

 

10. Video Game Software Market Regional Analysis

10.1. Global Video Game Software Market, 2021, By Region, Value ($ Billion)

10.2. Global Video Game Software Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region

10.3. Global Video Game Software Market, Growth And Market Share Comparison, By Region

 

11. Video Game Software Market Segmentation

11.1. Global Video Game Software Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • PC Games
  • Browser Games
  • Smart Phone/Tablet Games
  • Console Games

11.2. Global Video Game Software Market, Segmentation By Genre, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Action
  • Adventure
  • Role Playing
  • Simulation
  • Strategy
  • Sports
  • Others

11.3. Global Video Game Software Market, Segmentation By End-User Sex, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Male
  • Female

12. Video Game Software Market Segments

12.1. Global PC Games Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Online Microtransaction; Digital PC Games; Physical PC Games

12.2. Global Browser Games Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)

12.3. Global Smart Phone/Tablet Games Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)

12.4. Global Console Games Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)

 

13. Video Game Software Market Metrics

13.1. Video Game Software Market Size, Percentage Of GDP, 2016-2026, Global

13.2. Per Capita Average Video Game Software Market Expenditure, 2016-2026, Global

For more information about this report visit https://www.researchandmarkets.com/r/dks0ex

 

Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:https://www.prnewswire.com/news-releases/video-game-software-global-market-report-2022-301522626.html

SOURCE Research and Markets

Read More

Continue Reading

Spread & Containment

Moody’s Warns Bridge Collapse Is “Credit Negative” For Baltimore As Economic Shock Emerges 

Moody’s Warns Bridge Collapse Is "Credit Negative" For Baltimore As Economic Shock Emerges 

Instead of the woke Baltimore Mayor Brandon Scott…

Published

on

Moody's Warns Bridge Collapse Is "Credit Negative" For Baltimore As Economic Shock Emerges 

Instead of the woke Baltimore Mayor Brandon Scott utilizing his precious time by going on corporate media's leftists Joy Reid's MSNBC show and asserting that white conservatives "should be afraid" of the consequences of calling him the 'DEI Mayor,' perhaps the unseasoned youngster who over-promised about fixing imploding Baltimore City (after fifty years of a Democratic-controlled City Hall) should realize the local economy is on the cusp of meltdown and potential negative credit risk event following the bridge collapse and resulting paralyzed port. 

The Port of Baltimore is a significant economic driver for the city of Baltimore and the state of Maryland, and an extended closure will spread like cancer through the local economy as snarled supply chains will result in job losses, lower warehouse activity, and tax revenue loss for the government. 

"I would say the Port of Baltimore is the leading economic driver for the region in Baltimore," Anirban Basu, chairman and CEO of Baltimore-based Sage Policy Group Inc., told FreightWaves

Basu said, "One could argue that the leading driver is Johns Hopkins. It's a difficult comparison, because you're talking about two very different fields of endeavor. But the Baltimore region has been one of the nation's underperformers in recent years. In the Baltimore region, we have had to clawback the jobs lost early during the pandemic."

Cargo to the paralyzed Port of Baltimore will be diverted to other US East Coast ports. Scott Cowan, president of the International Longshoremen's Association Baltimore local chapter, warned that thousands of port jobs could soon vanish. 

Source: Bloomberg 

On Thursday morning, Moody's published a note that said a prolonged closure of the port would ripple through the local economy and could spark negative credit risk events for the city and state:  

The bridge collapse threatens to disrupt aspects of the State of Maryland (Aaa stable) and City of Baltimore (Aa2 stable) economies. The suspension of shipping traffic to the Port of Baltimore will likely divert cargo to other East Coast ports, which may affect jobs and tax revenue. The accident also has the potential to hurt the transportation and warehousing sector, though that accounts for a small share of state GDP.

More from Moody's about the credit fallout that could soon hit Baltimore: 

In recent years, the state and Baltimore County (Aaa stable) have provided incentives and worked with developers to facilitate the redevelopment of Sparrows Point, a more than 3,000-acre contaminated industrial site once home to a Bethlehem Steel plant. Over the last nine years, Sparrows Point has seen almost $2 billion of private investment resulting in the development of 14 million square feet of warehousing and distribution facilities. With the Key Bridge providing the only direct access route between Sparrows Point and Baltimore/Washington International Thurgood Marshall Airport, further development at Sparrows Point could be delayed.

There is no timetable for how long salvage crews will take to remove the massive bridge blocking the harbor's only entry and exit. Some figures are six weeks, while others are several months. Shippers diverting operations to other East Coast ports will also hit warehousing and trucking businesses in the area. 

We have described to readers for years that Baltimore has been trending down. It's only in a downward trend when a shock forms that the real troubles begin materializing. And that shock started this week. Sorry, Scott. It's not a race thing like you describe on MSNBC—you're just an inexperienced leader. The persistent crime chaos and failed progressive policies are evidence of this. It's time for new leadership. 

Tyler Durden Thu, 03/28/2024 - 18:40

Read More

Continue Reading

Uncategorized

Stocks, Gold, & Crypto Soar In Q1 Despite Rout In Rate-Cut Expectations

Stocks, Gold, & Crypto Soar In Q1 Despite Rout In Rate-Cut Expectations

Q1 macro was characterized by a vast divergence between ‘soft’…

Published

on

Stocks, Gold, & Crypto Soar In Q1 Despite Rout In Rate-Cut Expectations

Q1 macro was characterized by a vast divergence between 'soft' surveys crashing as 'hard' data drifting higher...

Source: Bloomberg

The strong 'hard' data - and sticky inflation - along with endless jawboning, drove rate-hike expectations drastically lower in Q1. 2024 expectations for The Fed crashed from almost seven cuts to less than three...

Source: Bloomberg

...and stocks did not even blink!

Source: Bloomberg

With the S&P 500 surging to its best start to a year since 2019 (outperforming Nasdaq)...

Source: Bloomberg

That's the 5th green month in a row...

Source: Bloomberg

And stocks are up for 18 of the last 22 weeks (it hasn't done more than that since 1989)...

Source: Bloomberg

Notably, and perhaps surprisingly, Q1's best performing sector was not tech... it was Energy (with Real Estate the only sector red in Q1). In fact in March, Energy stocks are up 10% while Tech is unchanged...

Source: Bloomberg

Some have argued that Q1's market strength reflects a growing belief that Republicans will win in November...

Source: Bloomberg

And don't let anyone tell you this has not been a multiple expansion - tech is now back at over 28x - its post-dot-com bust highs...

Source: Bloomberg

MTUM (momentum) saw its best start to a year... ever....

Source: Bloomberg

In fact, as Goldman shows in the chart below, High Beta Momo - the big Q1 outperformer - reversed its laggard performance in 2023...

Thematically, Bitcoin-Sensitive stocks, AI stocks, and anti-obesity drug stocks all outperformed in Q1, continuing the trend of 2023 gains...

AI-related stocks soared 24% in Q1 while stocks at risk from AI fell around 3% in Q1...

Source: Bloomberg

Anti-Obesity stocks soared in Q1, actually outperforming AI stocks and even GLP-1-at-risk stocks (e.g. WW) managed gains in Q1...

Source: Bloomberg

'Magnificent 7' stocks added a stunning $1.7 trillion in market cap in Q1...

Source: Bloomberg

Notably, the implied vol of the Mag7 is once again very elevated relative to the implied vol of the S&P 500. In July of last year, this signaled a big reversal (demand for hedges). In Jan of this year, it was a signal of chasers buying levered bets on the upside. What does it mean this time?

Source: Bloomberg

The strength in stocks and credit has dominated any rise in yields and crushed financial conditions to their loosest since before The Fed started their rate-hiking cycle...

Source: Bloomberg

US Treasuries were dumped in Q1 as rate-cut expectations plunged with the short-end modestly underperforming...

Source: Bloomberg

And while survey-based inflation expectations (UMich) are sliding, the market's expectation for inflation is anything but...

Source: Bloomberg

The dollar rallied in Q1, erasing around half of the Q4 losses...

Source: Bloomberg

The dollar's strength was supported by yen weakness as the Japanese currency plunged to its weakest since 1990...

Source: Bloomberg

Not to be outdone, the yuan also tumbled in Q1...

Source: Bloomberg

Q1 was dominated by bitcoin headlines - as the newly minted ETFs saw unprecedented inflows...

Source: Bloomberg

Which helped push Bitcoin to a new record high (in USD)...

Source: Bloomberg

Ethereum also soared in Q1 (up 55%) but Solana outperformed...

Source: Bloomberg

Another alternate currency - gold - also soared to a new record high in Q1...

Source: Bloomberg

And just when you thought NVDA was the big winner, Cocoa hyperinflates in Q1, up 135% YTD!

Source: Bloomberg

Oil, wholesale gasoline, and pump-prices all ripped higher in Q1 (especially March)...

Source: Bloomberg

Finally, as Goldman's Chris Hussey notes, it's times like these – when 'everything is awesome' – when it is best to assess the risks that swirl around the investment landscape. Here are a few to consider:

  • A strong economic landing becomes a hard landing;

  • Inflation is sticky, not transitory, and the Fed pushes back;

  • The pandemic stimulus surge turns out not to be 'cost-less';

  • Concentration raises 'key company' risk;

  • Elections and geo-political risks.

And as a reminder, we've seen these 'everything is awesome' moments before...

Source: Bloomberg

And they never end well.

Tyler Durden Thu, 03/28/2024 - 16:00

Read More

Continue Reading

International

Moldova: Russia continues its mischief-making in breakaway Transnistria

Russia has long harboured territorial ambitions in this former Soviet republic.

In mid-February, the leader of Moldova’s breakaway region of Transnistria, Vadim Krasnoselsky, summoned deputies “of all levels of the Pridnestrovian Moldavian Republic”. The purpose of their meeting, he announced, would be to discuss “pressure from the Republic of Moldova that is violating the rights and worsening the socioeconomic situation of Transnistrians”.

The meeting was set for February 28, the day before Vladimir Putin’s “state of the union” address. This was taken by some – including the influential Washington-based thinktank the Institute for the Study of War – to signal an intention to announce that Transnistria would formally declare its intention to join Russia.

The Transnistrian congress met as planned. But its resolution, while full of praise about Transnistria and complaints about Moldova, fell well short of expectations. In the end, the assembled deputies merely appealed to Russia – as well as the Interparliamentary Assembly of States Parties of the Commonwealth of Independent States, the UN, the EU, the Organization of Security and Co-operation in Europe, and the Red Cross – to protect Transnistria and prevent an escalation of tensions with Moldova.

Transnistria declared independence from the Moldovan Soviet Socialist Republic in 1990, as the dissolution of the Soviet Union was gathering pace. A brief violent conflict ended with a Russian-mediated ceasefire in 1992. This ceasefire mandated negotiations on the reintegration of Transnistria into Moldova, which included, among others, Russia and Ukraine. Efforts to agree on a deal proved futile over the following three decades and have completely stalled since Russia’s full-scale invasion of Ukraine in February 2022. Thus, the Transnistrian region of Moldova has remained in a limbo state for more than 30 years now. Its separate identity is not even recognised by Russia and it remains formally part of Moldova.

This limbo state has contributed to fears – in Moldova and the west – that Russia has territorial ambitions in the region. These have worsened since the invasion of Ukraine two years ago. Talk of Kremlin-backed plots to destabilise the country is not uncommon.

In the event, the Russian president failed to mention Transnistria even once in his state of the union address the day after deputies had gathered in Transnistria. With the initial “excitement” of a potential crisis around Moldova gone, the predominant view among regional and international analysts was that this was a storm in a tea cup rather than a full-blown crisis.

This is also the view of Moldova’s foreign minister, Mihail Popșoi. In an interview with Politico at the beginning of March, a month after taking office, Popșoi said that “the probability that the Russians would be able to advance and reach our territory is much lower now than it was two years ago”.

Russian ambitions

But this is, at best, only half of the more complex geopolitical context in which Moldova finds itself. Wedged between Ukraine and Romania, a member of Nato, Moldova’s future prospects are heavily intertwined with the outcome of the war against Ukraine. At present there appears to be little chance of Russia expanding its land bridge to Crimea all along the Black Sea coast to the Ukrainian border with Moldova. But that’s not to say that the Kremlin has completely given up on this ambition.

Just days after the deputies’ meeting in Transnistria, the Russian foreign minister, Sergey Lavrov, complained about Moldovan violations of Transnistria’s rights. He alleged Moldovan discrimination against the Russian language as well as economic pressure on the Russian enclave. This eerily echoes Russian justifications for the invasion of Ukraine both in 2014 and 2022.

Transnistria is not the only card Russia is playing. Four days after Lavrov’s comments, Putin met the leader of the Gagauzian region in Moldova, Yevgenia Gutsul, at the so-called World Youth Festival, which was held near the Russian Black Sea resort of Sochi at the beginning of March.

Map of Moldova showing the breakaway regions of Transnistria and Gaugazia. Institute for the Study of War

Gutsul – and other powerful Russian allies including the fugitive Moldovan oligarch Ilan Shor, who was convicted of fraud in the “theft of the century” of US$1 billion (£792 million) from three Moldovan banks a decade ago – have been fomenting protests against the Moldovan government since September 2022. These protests reflect many ordinary Molovans’ existential fears over a cost-of-living crisis that has engulfed one of Europe’s poorest countries since the COVID pandemic and has worsened since the Russian aggression against Ukraine.

Moldova’s European aspirations

At the same time, the Moldovan president, Maia Sandu, has proposed a referendum on joining the European Union. Sandu, who faces a reelection campaign later this year, hope that this will boost her popularity among Moldova’s generally – but not unequivocally – pro-European electorate.

Wanting to capitalise on popular discontent with economic conditions in Moldova, Russia has been supporting Shor’s protests and linking the unrest to Sandu’s pro-European foreign policy. Relying on allies in both Gagauzia and Transnistria, Moscow’s aim is primarily the destabilisation of the country ahead of presidential elections at the end of 2024 and parliamentary elections in the spring of 2025.

In this context, even non-events such as the resolution passed by the Transnistrian deputies at the end of February are useful to Moscow. They increase uncertainty not only in Moldova but also among the country’s western allies. And this feeds into a broader narrative in which a status quo that has been stable for decades is suddenly questioned – with potentially unpredictable consequences.

There is no evidence that the Kremlin has any concrete plans, let alone any capabilities, for military action against Moldova. Nor does it need to, as long as it has local allies to do its bidding against the country’s president and her government. This does not give Moscow a lot of leverage in its war against Ukraine but it is helpful in the broader efforts to weaken support for, and from, the European Union.

The more Russia can peddle a narrative that connects European integration with economic decline and constraints on language and cultural rights, the more division it can sow – and not just in Moldova, but potentially also in other EU candidate countries from the western Balkans to the south Caucasus.

Stefan Wolff is a past recipient of grant funding from the Natural Environment Research Council of the UK, the United States Institute of Peace, the Economic and Social Research Council of the UK, the British Academy, the NATO Science for Peace Programme, the EU Framework Programmes 6 and 7 and Horizon 2020, as well as the EU's Jean Monnet Programme. He is a Trustee and Honorary Treasurer of the Political Studies Association of the UK and a Senior Research Fellow at the Foreign Policy Centre in London.

Read More

Continue Reading

Trending