A new study was recently released by Research & Markets. The report was titled Global Online Gaming Market 2020-2026. In this survey, it was discovered that the global online gaming market will grow by a CAGR of 11.9% from 2020 to 2026.
“The growth of the market is attributed to the growing adoption of video games as a leisure activity among all age groups,” the report reads. “In addition to this, the rising trend of professional gaming is also anticipated to aid the expansion of the market. Moreover, macro-economic factors such as increasing internet penetration, availability of low-cost game-centric smartphones, increasing disposable income, and further development of telecommunication infrastructure will also aid in the growth of the market.”
This market report was separated into three sections for analysis. Products were studied based on game type, device type, and revenue model.
The report can be downloaded now on the Research & Markets website. Individuals can also sign up for an annual license on the website to read as many full articles as they want.
(All information was provided by Globe Newswire and Research & Markets)
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