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Worldwide Home Video Game Console Forecast Update, 2022–2026: Subscriptions Make Headway in a Down Year

Publisher IDC
Published Dec 13, 2022
Length 54 Pages
SKU # IDC17560454

Description

Worldwide Home Video Game Console Forecast Update, 2022–2026: Subscriptions Make Headway in a Down Year

This IDC study forecasts home video game console hardware, software, and service use and spending through 2026 in four regions: North America, Western Europe, Asia/Pacific, and a combined rest of the world (ROW) region. The 7th to 10th-gen consoles are considered in grouped categories. Packaged game discs/cards are broken out from digital game–related spending. Gaming subscription revenue and spending on paid games, DLC, and F2P games are additionally forecast worldwide and regionally. The study examines key market events as well, and it offers advice and guidance to market suppliers."We anticipate that spending on home console hardware, games, and services will fall by almost 12% this year compared to 2021 due to a variety of factors. We expect a slow recovery through 2026, however, with subscription-based revenue outpacing other market segments." — Lewis Ward, research director of Gaming, eSports, and AR/VR at IDC

Please Note: Extended description available upon request.

Table of Contents

54 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Worldwide Forecast
North America Forecast
Western Europe Forecast
Asia/Pacific Forecast
Rest of World (LA, MEA, and CEE) Forecast
Market Context
Drivers and Inhibitors
Drivers
PlayStation 5, Xbox Series X/S, and Switch 2 Are All Hits
Subscription Outlays Increase
Inhibitors
Component Shortages and Supply Chain Bottlenecks
Denouement of the COVID-19 Pandemic
High Inflation and/or Recessionary Impacts in Key Console Markets
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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