Research and Markets recently released its new report, Online Gaming Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027. In this study, it was revealed that the global online gaming market will register a compound annual growth rate (CAGR) of 16.9% between 2021 and 2027.
The study showed that the global online gaming market was worth $40.39 billion in 2020. This number is expected to almost triple by 2027 hitting $120.06 billion.
“The report on online gaming market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global online gaming market over the period of 2019 to 2027. Moreover, the report is a collective presentation of primary and secondary research findings,” the report reads. “Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market, and opportunities for the new entrants in the global online gaming market over the period of 2019 to 2027. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.”
(All information was provided by ResearchandMarkets.com)