Malaysia Online Gaming Market (2022-2028) | Revenue, Growth, Industry, Size, Share, Outlook, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

Market Forecast By Game Type (Console, Tablet, Smartphone, Downloaded, Box PC And Browser PC) And Competitive Landscape

Product Code: ETC053823 Publication Date: Feb 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Latest 2023 Development of The Malaysia Online Gaming Market

Malaysia Online Gaming Market is expected to grow tremendously driven by a combination of increasing internet penetration and growing interest in PC gaming. One of the latest developments in the online gaming market is the increasing popularity of mobile gaming. With the widespread adoption of smartphones, more and more individuals are turning to mobile gaming as a form of entertainment. As a result, the number of mobile gaming app downloads in the country has risen dramatically in recent years. The government has been supporting the online gaming industry and has taken steps to regulate and promote the sector, recognizing its potential for job creation and economic growth.

The popularity of cloud gaming has made it possible for individuals to access high-quality games on low-performance devices, thereby boosting the market growth for online gaming. Another trend in the online gaming market is the growth of esports. In Malaysia, the government has been supportive of the esports industry and has even established an esports development centre to promote the sector. The advancements in virtual reality (VR) and augmented reality (AR) technology have increased the demand for immersive gaming experiences, leading to growth in the online gaming market. Malaysia online gaming market is poised for continued growth in the coming years of the increasing popularity of mobile gaming and the growth of esports. The surging usage of mobile devices has led to higher adoption of mobile gaming, which has further propelled the growth of the online gaming market in Malaysia.

Malaysia Online Gaming Market Synopsis

Malaysia Online Gaming Market is forecast to grow due to the increasing trend of online gaming among the population. Moreover, Malaysia has established itself as a regional hub for online gaming. Additionally, the government's initiatives to develop the e-gaming industry will also contribute to Malaysia Online Gaming Market growth during the forecast period. However, growing concern over addiction and its negative effects on both individuals and society might hamper its growth. Furthermore, regulatory uncertainty could also pose a challenge to the markets. The Malaysia online gaming market is still in its infancy.

According to 6Wresearch, Malaysia Online Gaming Market is expected to grow during 2022-2028. The Malaysia Online Gaming Market is projected to grow owing to the increasing popularity of mobile games in Malaysia, the rapidly growing population, and the increase in investments in the local gaming industry. The increasing demand has led to the rise of mobile games as one of the most popular ways for people to spend their free time. However, the local gaming industry has been hit hard by the recession. Furthermore, the young population and booming internet penetration rate are other factors contributing to the market growth. Moreover, many individuals are using technology and are open to new experiences and opportunities. Consequently, they are increasingly interested in online gaming and other forms of digital entertainment.

Impact of COVID-19 on Malaysia Online Gaming Market

The sudden outburst of COVID-19 has led to an increase in demand and bolstered the growth of the Malaysia Online Gaming Market as everyone was staying at their homes due to the nationwide lockdown in order to combat the virus. Therefore, interest in online gaming has risen among the young population. The increasing Internet penetration led to a boost in the market. Moreover, individuals were spending more time playing online games and considered online games as the best leisure time activity to avoid boredom which resulted in the increasing supplement growth of the Malaysia Online Gaming Market in the upcoming years.

Market analysis based on Game Type

By game type, the Malaysia Online Gaming Industry which is a major part of the Asia-Pacific Online Gaming Industry is classified into Console, Tablet, Smartphone, Downloaded, Box PC, and Browser PC. All these segments are proliferating owing to the growing advent of technology among youngsters and the increasing popularity of online gaming.

Competitive Landscape

The Malaysia Online Gaming Market is highly competitive with several leading market players. The major players are focusing on meeting customer needs and demands in order to achieve a competitive edge against their rivals. In general, the Malaysia Online Gaming Industry is growing at the highest CAGR on the account of increasing Internet users and the increasing popularity of online games among individuals.

Key attractiveness of the report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2018 to 2021.
  • Base Year: 2021.
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Malaysia Online Gaming Market Overview
  • Malaysia Online Gaming Market Outlook
  • Malaysia Online Gaming Market Forecast
  • Historical Data of Malaysia Online Gaming Market Revenues for the Period 2018-2021
  • Malaysia Online Gaming Market Size and Malaysia Online Gaming Market Forecast of Revenues, Until 2028
  • Historical Data of Malaysia Online Gaming Market Revenues, by Game Type, for the Period 2018-2021
  • Market Size & Forecast of Malaysia Online Gaming Market Revenues, by Game Type, Until 2027
  • Historical Data of Malaysia Online Gaming Market Revenues, By Regions, for the Period 2018-2021
  • Market Size & Forecast of Malaysia Online Gaming Market Revenues, By Regions, Until 2028
  • Market Drivers and Restraints
  • Malaysia Online Gaming Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Malaysia Online Gaming Market Share, By Players
  • Malaysia Online Gaming Market Share, By Regions
  • Malaysia Online Gaming Market Overview on Competitive Benchmarking

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Game Type

  • Console
  • Tablet
  • Smartphone
  • Downloaded
  • Box PC
  • Browser PC
Malaysia Online Gaming Market: FAQs
The growth of the Malaysia Online Gaming Market is attributed to the increasing trend of online gaming among the population and the government's initiatives to develop the e-gaming industry will also contribute further to the market growth.
Yes, this market report signifies the impact of COVID-19.
The growing concern over addiction and the negative effects of playing online games on both individuals and society might hinder the growth of this industry.
The individuals are open to experiencing new technology and growing internet users are the major reasons for rapid growth of Malaysia Online Gaming Market
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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.  Malaysia Online Gaming Market Overview
3.1.  Malaysia Online Gaming Market Revenues, 2018-2028F
3.2.  Malaysia Online Gaming Market Revenue Share, By Game Type, 2021 & 2028F
3.3.  Malaysia Online Gaming Market Revenue Share, By Regions, 2021 & 2028F
3.4.  Malaysia Online Gaming Market Industry Life Cycle
3.5.  Malaysia Online Gaming Market- Porter’s Five Forces
4.  Malaysia Online Gaming Market Dynamics
4.1.  Impact Analysis
4.2.  Market Drivers
4.3.  Market Restraints
5.  Malaysia Online Gaming Market Trends
6.  Malaysia Online Gaming Market Overview, By Game Type
6.1.  Malaysia Online Gaming Market Revenues, By Downloaded, 2018-2028F
6.2.  Malaysia Online Gaming Market Revenues, By Console, 2018-2028F
6.3.  Malaysia Online Gaming Market Revenues, By Box PC, 2018-2028F
6.4.  Malaysia Online Gaming Market Revenues, By Tablet, 2018-2028F
6.5.  Malaysia Online Gaming Market Revenues, By Smartphone, 2018-2028F
6.6.  Malaysia Online Gaming Market Revenues, By Browser PC, 2018-2028F
6.7.  Malaysia Online Gaming Market Revenues, By Smartphone, 2018-2028F
7. Malaysia Online Gaming Market Competitive Landscape
7.1. Malaysia Online Gaming Market, By Companies, 2021
8.  Company Profiles
9.  Key Strategic Recommendations
 

Market Forecast By Game Type (Console, Tablet, Smartphone, Downloaded, Box PC And Browser PC) And Competitive Landscape

Product Code: ETC053823 Publication Date: Jan 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Malaysia Online Gaming market is anticipated to register a proliferation in the coming time zone on the back of an increase in the growth of the internet. Deeper internet penetration has led to an increase in the keen interest of the population of the country towards high-income spending over entertainment and leisure time activities and not only for fun and frolic but also for an enhanced experience for knowledge. Additionally, a rise in the growth of the internet has also led to a rise and upliftment in the tech-savvy consumer base which is giving rise to online gaming activities and is expected to benefit the Malaysia online gaming market register significant growth in the coming time zone. Also, the country is a host of many digital platform-based gaming tournaments and with so much happening for the growth of the industry, the industrial competitive landscape of the Malaysia online gaming market is expected to flourish with superstitious growth prospects in the time zone extending to 2027.

According to 6Wresearch, the Malaysia Online Gaming Market size is anticipated to register growth during 2021-27. The outbreak of the global COVID-20 pandemic has led to an increase in the swashbuckling growth of the Malaysia online gaming market. As the nations go for lockdown in order to win the bid to combat the spread of the novel coronavirus, interest in online gaming has also arisen. The increase in the time spent at home has led to an increase in the interest of the population towards leisure time activities and is expected to lead to a plummeting demand for online gaming to be deployed at the consumer end. The resultant of which would be an increase in the supplement growth of the Malaysia Online Gaming market in the coming time zone.

The growth of the Malaysia online gaming market can be further, attributed to the rising advent of social media and deeper smartphone penetration. Social media is leading to a sheer option ground base for the consumers to work over the efficiency of their gaming experiences and this is leading towards the advent of gaming on their fingertips. Recently, PUBG has gained traction in the world across and the wind of the entertainment has also hit Malaysia and is expected to be of immense benefit for the growth and the development of the market competitive landscape of the Malaysia online gaming market in the coming timeframe and provide a corridor for a spectacular growth base to the potential industrialists and to-be-investors of the market in the near future.

The Malaysia Online Gaming market report thoroughly covers the market by Game Type and key Regions. The Malaysia Online Gaming market outlook report provides an unbiased and detailed analysis of the ongoing Malaysia Online Gaming 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.

Malaysia online gaming market is projected to gain traction during the forecast period 2021-26F on the back of the rising state of art technologies in the software industry. Further, the emerging establishment of online casinos coupled with increased tourist visits every year has led to spending on online gaming platforms in casinos and is estimated to generate high sales revenue and would give a rise to the growth of the online gaming market in the country in the forthcoming years. Not, only casinos but the mobile segment are also gaining traction as by the rising number of mobile players along with the introduction of new popular games such as pubG which has led to revolutionize and accumulate the large players on the online game platform and this is estimated to be a major contribution toward the growth of the Malaysia online gaming market in the coming year.

Malaysia online gaming market is projected to witness impressive growth in the upcoming six years on the back of the rising growth of digitalization being the top reason for replacing traditional games. Further, Not only youngsters but children are also contributing to booming the online gaming market in the country underpinned by the increased knowledge of using smart electronics like laptops, computers, and phones have raised the interest to download online games and is estimated to leave a positive impact over the market growth of the Malaysia online gaming market in the years ahead.

Key Highlights of the Report:

  • Malaysia Online Gaming Market Overview
  • Malaysia Online Gaming Market Outlook
  • Malaysia Online Gaming Market Forecast
  • Historical Data of Malaysia Online Gaming Market Revenues for the Period 2017-2021
  • Malaysia Online Gaming Market Size and Malaysia Online Gaming Market Forecast of Revenues, Until 2027
  • Historical Data of Malaysia Online Gaming Market Revenues, by Game Type, for the Period 2017-2021
  • Market Size & Forecast of Malaysia Online Gaming Market Revenues, by Game Type, Until 2027
  • Historical Data of Malaysia Online Gaming Market Revenues, By Regions, for the Period 2017-2021
  • Market Size & Forecast of Malaysia Online Gaming Market Revenues, By Regions, Until 2027
  • Market Drivers and Restraints
  • Malaysia Online Gaming Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Malaysia Online Gaming Market Share, By Players
  • Malaysia Online Gaming Market Share, By Regions
  • Malaysia Online Gaming Market Overview on Competitive Benchmarking

Markets Covered

The Malaysia Online Gaming Market report provides a detailed analysis of the following market segments:

  • By Game Type:
    • Console
    • Tablet
    • Smartphone
    • Browser PC
    • Box PC
    • Downloaded

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