On December 31st, ResearchAndMarkets added a new report to its offering entitled Global Gaming Chair Market 2021-2025. In this piece, it was revealed that the global gaming chair market is expected to grow by $130.77 million between 2021 and 2025, registering a compound annual growth rate of 5.49% during this forecast period.
“This report on the gaming chair market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment,” reads the industry report. “The market is driven by the health-related benefits of using gaming chairs and the growing PC gaming and gaming console market. The study identifies the growing number of eSports tournaments as one of the prime reasons driving the gaming chair market growth during the next few years.”
Several big-name organizations were mentioned by name in this report. This includes AKRacing America, Arozzi North America, Corsair Gaming, DXRacer USA, GT Omega Racing, Impakt SA, NOBLECHAIRS, Raidmax, Thermaltake Technology Co, and ThunderX3.
The Profit‘s Take:
We didn’t have a chair review this week, so this is us trying to go the extra mile to give the world everything it needs to know about the gaming chair industry. I have serious doubts about these numbers though. Anecdotally, it feels like there’s a lot more dollars in this space than indicated in this report. Also, it doesn’t take into account all of the chairs being manufactured in the style of “gaming chairs” that maybe aren’t being done by one of the organizations mentioned here.
(All information was provided by Yahoo! Finance)