Dublin, August 13, 2024 (GLOBE NEWSWIRE) — The report “Massive Multiplayer Online Role-playing Game (MMORPG) – Global Strategic Business Report” has been added to The Offer.
The global Massive Multiplayer Online Role-playing Games (MMORPG) market is valued at USD 14.1 billion in 2023 and is expected to reach USD 23.8 billion by 2030, growing at a CAGR of 7.7% between 2023 and 2030. This comprehensive report offers in-depth analysis of market trends, drivers, and forecasts to help you make informed business decisions.
Growth in the MMORPG market is being driven by several factors, including the rise of eSports, the increasing prevalence of broadband connections, and increasing player expectations for a more immersive and socially engaging gaming experience. Technological drivers include innovations in artificial intelligence (AI), which are being used to create more responsive and dynamic gaming environments, and augmented reality (AR), which promises to further blur the lines between the virtual and real worlds, enhancing the genre’s immersive experience.
From a consumer behavior perspective, there is a growing trend towards games that not only provide entertainment but also a platform for social interaction and community building, which is what MMORPGs offer. In addition, the introduction of more flexible monetization models, such as free-to-play games with in-app purchases, has made these games accessible to a wider audience, thus fueling growth in the industry. As digital connectivity and technology continue to evolve, the MMORPG genre is well positioned to expand, promising even richer and more exciting virtual worlds for players around the world.
Key findings:
- Market Growth: Understand the significant growth curve of the mobile MMORPG segment which is expected to reach $13.0 billion by 2030 at a CAGR of 8.5%. The tablet MMORPG segment is also expected to grow at a CAGR of 7.4% during the analysis period.
- Regional Analysis: Gain insights into the US market, estimated to reach $3.8 billion in 2023, and China, which is forecast to grow at an impressive CAGR of 12.3% per year to reach $5.4 billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and Asia Pacific.
Reporting features:
- Comprehensive market data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.
- Detailed Regional Analysis: Detailed insights into key markets including the US, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.
- Company Profiles: Coverage of major players like Activision Blizzard, Inc., Ankama, Arc Games Inc. and more.
- Free Updates: Get free report updates for one year to stay informed of the latest market developments.
Main features:
| Report Attribute | Details |
| Number of pages | 189 |
| Forecast period | 2023 – 2030 |
| Estimated market value (USD) in 2023 | 14.1 billion US dollars |
| Projected market value (USD) until 2030 | 23.8 billion US dollars |
| Average annual growth rate | 7.7% |
| Regions covered | Generally |
MARKET OVERVIEW
- Insights into the influencer market
- World market development
- Global economic update
- Massive Multiplayer Online Role-playing Game (MMORPG) – Percentage Market Share of Major Competitors Worldwide in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Growing global gaming community expands MMORPG market
- Technological advances in game engines and graphics are driving the growth of MMORPGs
- The integration of MMORPGs into social networking platforms promotes engagement
- Consumer demand for rich storytelling and dynamic content
- Growth in in-game purchases and microtransactions
- Expansion of cross-platform gaming improves market opportunities
- Economic models and subscription services influence market dynamics
- Role of the community and fan base in the development and lifespan of games
- Cybersecurity measures and their importance in MMORPG areas
- Innovations in character customization and progression systems
- Influence of eSports on MMORPG competitions and events
- Advances in virtual and augmented reality in MMORPG experiences
Focus on selected players(Total 48 presented)
- Activision Blizzard, Inc.
- Ankama
- Arc Games Inc.
- CCP HF
- CipSoft GmbH
- Cryptic Studios Inc.
- NEXON America Inc.
- Perfect World Co., Ltd.
- Riot Games, Inc.
- Shanda Interactive Entertainment Ltd.
- Tencent Holdings Limited (Tencent Games)
- Ubisoft Entertainment S.A.
- Valve Corporation
- Wargaming Group Limited
- Wemade.Co. GmbH.
For more information about this report visit https://www.researchandmarkets.com/r/9wj3k5
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Global Massive Multiplayer Online Role-Playing Games (MMORPG) Market
