Portable Gaming Console Market Share, Growth Factors, Comprehensive Research 2027

 The global portable gaming console market is expected to exhibit a strong 6% CAGR over the forecast period between 2017 and 2023, according to the latest research report from Market Research Future (MRFR). The global portable gaming console market is expected to reach a valuation of USD 17 billion by 2023, according to the research report.

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Competitive Analysis:

Leading players in the global Portable Gaming Console Market Size include Bit Corporation, VTech, Mattel Inc., NEC Corporation, Sega Games Co. Ltd., Atari SA, Mad Catz Interactive Inc., Nvidia Corporation, Sony Corporation, Nintendo Co. Ltd., and Microsoft Corporation.

The development of portability between smartphones and gaming consoles is likely to be a popular research and development avenue in the global portable gaming console market over the forecast period. In June 2019, Apple announced their development of controller support for the iPhone and iPad, meaning that gaming aficionados can plug in their PS4 or Xbox controllers to their Apple devices and carry on gaming on the go. The use of preexisting portable consumer electronics such as a portable gaming console is likely to be a popular feature in the gaming industry in the coming years, as this allows the users to bypass the hassle of owning two devices that can be combined into one with the addition of fairly simple portability software upgrades.

The increasing focus on the video capabilities of smartphones and tablets, with manufacturers going all out to incorporate technological advances such as 3D viewing and more into smartphones, is likely to be a key feature of the global portable gaming console market over the forecast period, as this is likely to result in the development of distinct consumer segments for portable gaming console manufacturers and developers of portability systems between preexisting gaming systems and smartphones.

Segmentation:

The global portable gaming console market is segmented on the basis of type, product, platform, and region.

By type, the global portable gaming console market is segmented into mobile gaming consoles, tablet gaming consoles, and others.

By product, the global portable gaming console market is segmented into PS4, Xbox, EVO2, Wii U, Ouya, Razer Switchblade, Nintendo 3 DS, PS Vita, and others.

By platform, the global portable gaming console market is segmented into iOS, Android, Windows, and others.

Regional Analysis:

Europe, North America, and Asia Pacific are all likely to remain important regional segments for the global portable gaming console market over the forecast period, with the latter two likely to remain the notable market segments in the coming years due to the growing popularity of gaming in these regions and the rapid growth of local gaming technology, device, and software developers in both North America and Asia Pacific.

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About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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