Market Forecast by Game Type (console, tablet, smartphone, downloaded, box PC and browser PC) and by Key Countries (Canada and United States) and Competitive Landscape
Product Code: ETC053816 | Publication Date: Jan 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Report Name | North America Online Gaming Market |
Forecast Period | 2025-2031 |
Market Size | USD 50 billion by 2031 |
CAGR | 11.6% |
Growing Sector | Casino Gaming Sector |
North America Online Gaming Market report thoroughly covers the market By Game Type, and By Key Countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America online gaming market is expected to experience significant growth in the coming years, with a projected market size of USD 50 billion by 2031, growing at a CAGR of 11.6% during the forecast period (2025-2031). This can be attributed to several factors such as increasing internet penetration, technological advancements, and changing consumer preferences towards digital entertainment.
The North America online gaming market is expected to witness significant growth from 2025 to 2031. The market is projected to be driven by various factors such as increasing internet penetration, availability of high-speed internet connections, and growing adoption of smartphones and tablets.
According to 6Wresearch, the North America Online Gaming Market Size is expected to reach a significant CAGR of 11.6% during the forecast period 2025-2031. One of the major factors driving the growth of the North America online gaming market is the increasing availability and accessibility of high-speed internet. With advancements in technology, more and more people are gaining access to high-speed internet connections, making it easier for them to play online games. This has also led to the development of a wide variety of online games that cater to different age groups and interests, further boosting the growth of the market.
Additionally, the availability of different gaming platforms such as mobile devices, consoles, and personal computers has made it easier for people to access online games anytime and anywhere. Another factor contributing to the growth of the North America online gaming market is the increasing adoption of virtual reality (VR) and augmented reality (AR) technologies in gaming. These technologies provide a more immersive and engaging gaming experience, attracting more players to the market. Additionally, the rise of e-sports has also contributed to the growth of the market, with professional gamers competing in tournaments and gaining popularity among audiences.
Despite these drivers, there are also some challenges faced by the North America online gaming market. One of the major concerns is the increasing prevalence of cybercrimes and hacking attempts in online gaming, leading to data breaches and financial losses for players. Another challenge is the high cost of developing and maintaining online games, which can be a barrier for small companies looking to enter the market.
The Online gaming market in North America is constantly evolving, and various trends are shaping its growth trajectory. One trend that has gained significant traction in recent years is the rise of cloud gaming. This technology allows players to access games from any device without the need for high-end hardware, making it more accessible and inclusive. Another trend is the increasing integration of virtual and augmented reality (VR/AR) into online gaming experiences. This not only enhances the overall gameplay but also provides a more immersive experience for players.
Investors are increasingly eyeing the North America Online Gaming Market Growth, which is projected to expand steadily over the coming years. Opportunities abound in mobile gaming, particularly in freemium models, where in-app purchases continue to drive significant revenue. Investment in blockchain-based gaming and the integration of NFTs into the gaming ecosystem is also gaining traction, promising new revenue streams and innovative gameplay experiences. Companies focusing on gamification in education and healthcare sectors are emerging as unconventional yet lucrative areas for potential investments.
Several leading companies dominate the North America Online Gaming Market Share, contributing to its dynamic and competitive landscape. Firms such as Activision Blizzard, Electronic Arts, and Take-Two Interactive are positioning themselves as industry powerhouses through constant innovation and a robust portfolio of titles. Start-ups leveraging niche markets and developing unique gaming experiences are also gaining attention, further diversifying the competitive landscape. With the market set to grow continuously, companies must stay ahead of emerging trends and leverage new technologies to maintain their position in this highly dynamic landscape.
Government oversight plays a pivotal role in shaping the growth trajectory of the online gaming market in North America. Regulatory authorities have imposed guidelines to ensure responsible gaming practices, such as limiting in-game purchases to prevent gambling-like behavior. Data protection laws are becoming stricter, requiring companies to implement advanced security measures to safeguard player data. The ongoing discussions around loot box monetization systems and their classification as a form of gambling could lead to further regulatory changes in the near future.
The future of the North America Online Gaming Industry is poised for significant transformation as emerging technologies and shifting consumer preferences take center stage. The integration of machine learning and AI is expected to enhance personalization, offering players tailored gaming experiences based on their behaviour and preferences. 5G connectivity will enable even more seamless and high-quality gameplay, especially for mobile gaming enthusiasts. With the growing emphasis on sustainability, developers are likely to explore eco-friendly production methods to align with environmental consciousness. The continued evolution of cloud gaming services and the development of metaverse platforms will further solidify the North American online gaming market as a leader in the global gaming industry.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, the console segment is expected to dominate the market in the coming years. The high demand for consoles and their advanced capabilities have made them a preferred choice for many gamers.
United States to Dominate the Market- By Key Countries
The United States is expected to dominate the North America online gaming market. With a large population of gamers and a strong presence of major game developers and publishers, the US market is well-established and continues to grow.
Markets Covered
The North America Online Gaming Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. North America Online Gaming Market Overview |
3.1. North America Online Gaming Market Revenues, 2017-2031 |
3.2. North America Online Gaming Market Revenue Share, By Game Type, 2021 & 2031 |
3.3. North America Online Gaming Market Revenue Share, By Regions, 2021 & 2031 |
3.4. North America Online Gaming Market Industry Life Cycle |
3.5. North America Online Gaming Market- Porter’s Five Forces |
4. North America Online Gaming Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. North America Online Gaming Market Trends |
6. North America Online Gaming Market Overview, By Game Type |
6.1. North America Online Gaming Market Revenues, By Downloaded, 2017-2031 |
6.2. North America Online Gaming Market Revenues, By Console, 2017-2031 |
6.3. North America Online Gaming Market Revenues, By Box PC, 2017-2031 |
6.4. North America Online Gaming Market Revenues, By Tablet, 2017-2031 |
6.5. North America Online Gaming Market Revenues, By Smartphone, 2017-2031 |
6.6. North America Online Gaming Market Revenues, By Browser PC, 2017-2031 |
6.7. North America Online Gaming Market Revenues, By Smartphone, 2017-2031 |
7. the United States Online Gaming Market Overview |
7.1. the United States Online Gaming Market Revenues, 2017-2031 |
7.2. the United States Online Gaming Market Revenue Share, By Game Type, 2021 & 2031 |
7.3. the United States Online Gaming Market Revenue Share, By Countries, 2021 & 2031 |
8. Canada Online Gaming Market Overview |
8.1. Canada Online Gaming Market Revenues, 2017-2031 |
8.2. Canada Online Gaming Market Revenue Share, By Game Type, 2021 & 2031 |
8.3. Canada Online Gaming Market Revenue Share, By Countries, 2021 & 2031 |
9. North America Online Gaming Market Competitive Landscape |
9.1. North America Online Gaming Market, By Companies, 2021 |
9.2. the United States Online Gaming Market, By Companies, 2021 |
9.3. Canada Online Gaming Market, By Companies, 2021 |
10. Company Profiles |
11. Key Strategic Recommendations |