Melange

USD 21.25 Bn growth in Massive Multiplayer Online (MMO) Games Market | Free to play (F2P) segment to have largest market share | Technavio

NEW YORK, According to the research report “Massive Multiplayer Online (MMO) Games Market by Revenue, Genre, and Geography – Forecast and Analysis 2022-2026”, the market is expected to witness a YOY growth of 9.01% in 2022 and accelerate at a CAGR of 9.45% during the forecast period.

The report is segmented by revenue (free to play (F2P) and pay to play (P2P)), genre (MMO role-play games (MMORPG), MMO first person shooter (MMOFPS), MMO real-time strategy (MMORTS), and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

Vendor Insights

The global massive multiplayer online (MMO) games market is fragmented due to the presence of many regional and international players. Vendors are deploying various organic and inorganic growth strategies such as technological innovation and M&As to compete in the market.

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

Activision Blizzard Inc.Aeria Games GmbHAnkama GamesCCP EHF.ChangYou.com Ltd.CipSoft GmbHCryptic Studios Inc.eGames LLCElectronic Arts Inc.GungHo Online Entertainment Inc.Jagex Ltd.King.com Ltd.KONAMI HOLDINGS CORP.NCSoft Corp.Take Two Interactive Software Inc.Tencent Holdings Ltd.The Walt Disney Co.Valve Corp.WebZen Inc.Wemade Co. Ltd.
Geographical Market Analysis
APAC will have the largest share of the market, occupying 48% of the global market share.The expansion of the 5G network and the gradual market penetration by key vendors will be driving the growth of the regional market.The increase in the download of premium and full-game downloads in China will also contribute to the growth of the massive multiplayer online (MMO) games market in APAC.China and India are the key markets for massive multiplayer online (MMO) games in APAC.The market growth in APAC will be slower than the growth of the market in North America and Europe.Countries such as the US, Germany, and the UK will also emerge as major markets for massive multiplayer online (MMO) games during the forecast period.
Key Segment Analysis
By revenue, the market will observe significant growth in the free-to-play (F2P) segment.The segment is driven by the increasing launch of F2P games by MMO game companies.Similarly, in terms of genre, MMO role-play games (MMORPG) will have the largest share of the market during the forecast period.
Key Market Driver:
The massive multiplayer online (MMO) games market is primarily driven by the rise of professional gaming. Many people across the world consider themselves as hardcore gamers and most of the children who grew up with a passion for gaming are considering gaming as a career option. This growing concept has encouraged game programmers to leverage the latest technologies to create animated characters with life-like mannerisms to provide an immersive experience for gamers. Besides, the incorporation of artificial intelligence (AI) has further enabled game programmers to make interacting with non-playable characters as realistic as possible within the gaming environment. Many such developments are driving the growth of the global massive multiplayer online (MMO) games market.
Customize Your Report
Don’t miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
About Us:
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

This article was shared with Prittle Prattle News as a Press Release by PRNewswire.

Related Posts

1 of 428