How big is the gaming market in Southeast Asia?

Southeast Asian countries boast US $5 billion video game market size and 270 million gamers. With an estimated compound annual growth rate (CAGR) of 8.6% between 2020-2025 for video game revenue, Southeast Asia is one of the fastest growing games markets in the world.

How big is the gaming industry in Asia?

Niko Partners projects the Asia-10 PC and mobile game market will generate US$35.9 billion in 2022, reaching US$41.4 billion in 2026. Gamers are increasing at a much faster rate than revenue. Niko Partners projects the Asia-10 PC and mobile gamers will total 788.7 million in 2022, reaching 1.06 billion in 2026.

How big is the Southeast Asia esports market?

Southeast Asia is the fastest-growing esports market in the world, according to Dutch research firm Newzoo, which sees the market growing from $39.2 million in 2021 to $72.5 million in 2024.

What country dominates the gaming industry?

Leading gaming markets worldwide 2022, by revenue

As of 2022, it is estimated that the United States ranks first among the biggest gaming markets worldwide, with a revenue of 54.9 billion U.S. dollars. The video gaming market in China ranked second, generating an approximate 44 billion U.S. dollars in annual revenues.

How many Asians play video games?

In 2021, there were almost 1.48 billion gamers across Asia, making it the largest market for video gaming worldwide, with Europe coming in second place with a gaming audiences of 715 million. In total, there were an estimated 3.24 billion gamers across the globe.

Games Market Overview: Indonesia vs. Southeast Asia

What is the biggest market in Southeast Asia?

1. Chatuchak Weekend Market in Bangkok, Thailand.

What is the biggest gaming market in Southeast Asia?

Indonesia's gaming market amounted to 1.68 billion U.S. dollars in 2020, the largest in Southeast Asia. In comparison, the gaming market in Singapore was valued at 327 million U.S. dollars in 2020 despite its small population.

What are the largest gaming markets in Southeast Asia?

According to the All-Correct Games blog, the number of mobile online gamers in Southeast Asia increased to around 250 million in the previous year. Malaysia, Thailand, Vietnam, Indonesia, Singapore, and the Philippines are Southeast Asia's six most important mobile gaming markets.

How many gamers are there in Southeast Asia?

Southeast Asian countries boast US $5 billion video game market size and 270 million gamers.

How popular online games in Southeast Asia?

The emergence of cloud-based mobile games has boosted this growth even further. A survey by Google showed that at least one in three smartphone owners in Southeast Asia played mobile games at least once a week. More than 82% of the region's online population in urban areas are gamers: 80% play mobile games.

How big is the gaming industry in the Philippines?

Revenue in the Video Games segment is projected to reach US$1,776.00m in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 7.17%, resulting in a projected market volume of US$2,343.00m by 2027.

What are the top esports companies in Southeast Asia?

The region boasts prominent esports organizations, such as EVOS Esports, Team Flash, Fnatic, and ONIC Esports. Southeast Asian countries have also presided as the location for major global tournaments such as Mobile Legends: Bang Bang M1, M2, and M3 World Championships and Free Fire World Series.

How big is the gaming market in Singapore?

The largest segment is Mobile Games with a market volume of US$83.68m in 2023. In global comparison, most revenue will be generated in China (US$107,300.00m in 2023).

Is the top gambling destination in Southeast Asia?

The list of best South East Asian gambling destination would definitely be incomplete without mentioning the two gambling giants of a destination— Singapore and Macau. Macau and Singapore are the 2nd and 4th largest gambling markets in the world.

Is Asia the biggest gaming market with 1.48 billion players?

Asia has more than 2x more gamers than any other region (1.48 billion). In fact, Asia has more active gamers than Europe, Latin America, and North America combined (1.42 billion). By nation, Japan and the UK have the joint-highest video game user penetration rate (58%).

What is the gambling capital of Southeast Asia?

Since then, Macau has become known worldwide as the "Gambling capital of the world" or "Monte Carlo of the East". Gambling tourism is Macau's biggest source of revenue, making up about 50% of the economy. Visitors are largely from mainland China and Hong Kong.

Why is eSports so big in Asia?

Why Is The League Of Legends So Popular In Asia? Asia has the largest eSports fanbase of any other in the world, especially in Korea and China. The Asian continent was among the first to accept professional gaming as a legitimate sport, offering more stable jobs to gamers and gaming enthusiasts.

What is the main industry in Southeast Asia?

Major industries include: Electronics (Vietnam, Malaysia, Singapore) Textiles/apparel (Vietnam, Philippines) Automotive (Thailand, Indonesia)

What is Southeast Asia rich for?

Southeast Asia has considerable reserves of oil and natural gas, notably in Indonesia, Malaysia, and Brunei.

What country plays most video games?

According to a survey of internet audiences in the third quarter of 2022, 81.9 percent of global internet users played video games on any device. The Philippines had the highest video gaming usage reach, ranking first with a gaming penetration of 95.8 percent.

What is the biggest gaming community in the world?

1. reddit. Probably the liveliest of all online gaming communities in general, reddit's gaming section is possibly the biggest hub for all things related to games, regardless of platform, launcher or publisher.

What are the biggest game development countries?

Top countries in the world for game development jobs

You can see that while the top game development country by far is the United States, the countries of England, Canada and Japan are also chock full of game development companies. Even the Netherlands, at #11 on the list, weighs in at a hefty 49 game studios.

What are the biggest gaming markets in Asia?

Japan and Korea are the most mature markets in the Asia-10 region, accounting for over 77%?of revenue. For 2022, Japan's games revenue is down 2.6% YoY and Korea's is flat. India is the second largest gamer base in the world, with 396.4 million gamers, making up 50.2% of all gamers in Asia-10.