To Know about the Secret Factors behind the Success of Global Gaming Software Market gaining big growth in the coming years, market worth $XXX billion by Forecast Year.

(I-SoftwareNews.Com, February 27, 2018 ) Gaming market is one of the fastest growing markets in Entertainment industry, and the growth of gaming industry is persistent from the very beginning of its origin. Continuous advancement and innovation in games technology has generated an endless stream of new products, platforms and market models. Gaming industry is now a USD 100 billion industry swelling at the back of rapid growth in Smartphone market across the globe. Mobile gaming and downloadable gaming software on PC has significantly contributed to the growth of global gaming software market. While the rapid growth of gaming software market can be predominantly attributed to the casualization of online and mobile gaming, core gaming (Mainstream console and PC games) still accounts for the highest share of global gaming software market.

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"Global gaming software market" to expand at a CAGR of 4.7% during the forecast period 2017-2024. Further, the market is anticipated to reach USD 125.0 billion by the end of forecast period.

Covered in this Global Gaming Software market report
The report covers the present ground scenario and the future growth prospects of the global gaming software market for 2017-2024 along with the total revenue of gaming software in every region. We calculated the market size and revenue share on the basis of revenue generated per segment and region on a regional, and country level. The revenue forecast is given on the basis of number of game publishers and current growth rate of the market.

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According to the report, major driver in global gaming software market is the rapid growth in mobile gaming segment. Mobile gaming is generated approximately USD 38.0 billion in 2016 or 40% of the global gaming revenue, of which more than 70% came from Smartphone gaming and rest from tablet games. Rising penetration of internet connected smartphones has contributed significantly to the success of mobile gaming and strong hike in gaming software market.

The Major players reported in the market include:
Activision Blizzard
Electronic Arts
Nintendo
Ubisoft Entertainment
2K Games
Disney Interactive
Petroglyph Games
Sony Computer Entertainment
Nexon
...

Further, the report states that one challenge in global gaming software market is the presence of substitute such as cloud gaming, which eliminates the additional download or purchase of gaming software. Currently, cloud gaming is its nascent stage and do not poses any major threat in nearby future, but with the continuous advancement in cloud gaming platform, gaming software market may get adversely affect by the cloud gaming in next 5 to 8 years.

Geographically, Asia Pacific accounted for the largest market share with 44% revenue share in global gaming software market. North America accounted for the second largest market for gaming software with nearly USD 20.0 billion of revenue generated in 2016 by sales of gaming software. China is expected to be the most opportunistic and fastest growing gaming software market with most of the revenue generating from the mobile gaming segment.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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To Know about the Secret Factors behind the Success of Global Gaming Software Market gaining big growth in the coming years, market worth $XXX billion by Forecast Year.