The Arcade Gaming Global Market Report 2023 by The Business Research Company, provides arcade gaming market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Arcade Gaming Global Market Report 2023, the market size is expected to grow from $12.05 billion in 2022 to $12.37 billion in 2023 at a compound annual growth rate (CAGR) of 2.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the arcade gaming market size is expected to grow to $13.63 billion in 2027 at a CAGR of 2.5%.
The increasing physical activity is expected to propel the growth of the arcade gaming market. Physical activity refers to any skeletal muscle-driven motion of the body that requires energy expenditure. Physical activity is increasing primarily due to its health benefits. Increasing physical activity demands new methods, and arcade gaming acts as a medium with innovative health tools, interacting and attracting players with interventions combining consistent exercise, a balanced diet, and good sleep practices.
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The arcade gaming market is segmented:
1) By Type: Video Games, Simulation Games, Mechanical Games
2) By Genre: Racing, Shooting, Sports, Action
3) By Distribution Channel: Online, Offline
4) By Application: Residential, Commercial, Gaming Hubs
Top Major Players
CXC Simulations
D-BOX Technologies Inc.
Rene Pierre SA
Bandai Namco Studios Inc.
Bay Tek Entertainment Inc.
The introduction of new and technologically advanced products is a key trend gaining popularity in the arcade gaming market. Major players operating in the market are introducing technologically advanced arcade games to sustain their position in the market. For instance, in June 2021, Zero Latency VR, an Australian technology company that develops free-roam virtual reality systems launched the Far Cry VR arcade game at 33 of the company’s locations including sites in the USA, UK, Europe, and Australia. Far Cry VR: Dive Into Insanity is a VR (virtual reality) experience game that requires a special location where VR magic converts a large room into Far Cry 3’s exotic, pirate-controlled island. The company’s technology enables gamers to roam around environments without a wire attached to a PC on the other side of the room.
The arcade gaming market report table of contents includes:
1. Executive Summary
2. Arcade Gaming Market Characteristics
3. Arcade Gaming Market Trends And Strategies
4. Arcade Gaming Market – Macro Economic Scenario
5. Arcade Gaming Market Size And Growth
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26. Africa Arcade Gaming Market
27. Arcade Gaming Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Arcade Gaming Market
29. Arcade Gaming Market Future Outlook and Potential Analysis
30. Appendix
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