The Business Research Company’s Video Game Software Global Market Report 2020-30: Covid 19 Impact and Recovery. The report covers market size, key players, market share and trends till 2030.
Video Game Software Global Market Report 2020-30: Covid 19 Impact and Recovery is one of a series of new reports from The Business Research Company that provide Video Game Software market overviews, analyze and forecast market size and growth for the whole market, Video Game Software market segments and geographies, Video Game Software market trends, Video Game Software market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The video game software market consists of sales of video game software by entities (organizations, sole traders and partnerships) that produce video game software, including businessses that are involved in design, documentation, installation and support services, producing and distributing video games. This also includes companies that are solely involved in designing and developing or in publishing only.
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The global video game software market is expected to decline from $167.2 billion in 2019 to $166.4 billion in 2020 at a compound annual growth rate (CAGR) of -0.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 11% from 2021 and reach $223.2 billion in 2023.
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