Is the PC gaming market growing?

At a high level, it suggests that while mid-range gaming will see only gradual growth from 2023 through 2025, both entry-level and high-end hardware should see notable upticks through 2025.

Is PC gaming a growing industry?

The global digital pc games market size will grow from $10.86 billion in 2022 to $12.67 billion in 2023 at a compound annual growth rate (CAGR) of 16.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term.

Is the gaming industry increasing?

The Indian gaming market is expected to grow from $2.8 billion in 2022 to $5 billion in 2025, growing at a CAGR of 28-30%. The quantity of gamers in the nation is supposed to expand from 420 million in 2022 to 450 million by 2023, and it hit 500 million by 2025.

Is PC gaming in decline?

According to the report, there were 1.1 billion PC players and 611 million console players in 2022. The 2.2% decline was mostly due to a 4.2% drop in the console gaming market, as the PC games market increased by 1.8%.

Is PC gaming getting more popular?

In 2020, there were an estimated 1.75 billion PC gamers worldwide, up from 1.5 billion PC gaming users in the previous year. Despite slowing revenue growth, PC gaming remains very popular and digital storefronts like Steam or the Epic Games Store making PC gaming titles accessible for gamers worldwide.

PC Gaming Has NEVER Been Stronger

Is a gaming PC worth it 2023?

Prices have skyrocketed. Back in 2018 you could build a beast of a workstation with about $1,500. Now, Nvidia's GeForce RTX 4090 GPU alone costs $2,500. Getting a first-rate PC in 2023 just isn't worth the price tag anymore.

Why is the PC market declining?

“Since many consumers already have relatively new PCs that were purchased during the pandemic, a lack of affordability is superseding any motivation to buy, causing consumer PC demand to drop to its lowest level in years.” “The enterprise PC market is also being impacted by a slowing economy,” added Kitagawa.

Why is the US banning gaming PCs?

Certain Gaming PCs Have Been Banned In The US For Using Too Much Power. Recently passed power consumption laws in the US mean that a number of prebuilt Alienware gaming PCs can no longer legally be sold in certain states, it has emerged.

What is the life expectancy of gaming PC?

Without replacing or upgrading parts, some gamers may be able to expect their gaming desktop to last for around 5-7 years while others could potentially get more than 10-12 years out of theirs.

Is PC becoming obsolete?

No, desktop computers are not becoming obsolete. Sure, laptops will get faster and faster, but there will always be a need for more power. Until a laptop can match the performance of a desktop PC with the same pricing, it will not be obsolete. Desktop computers can offer greater performance than laptop computers.

Does gaming have a future?

The future of gaming looks bright, with the emergence of new technologies such as virtual reality and the increased prevalence of mobile gaming. Virtual reality (VR) has the potential to revolutionize the gaming industry by immersing players in a fully interactive and realistic digital world.

What is the fastest growing gaming industry?

The report titled "Global Paid Competitive Gaming Report 2023," said that PCG, a relatively new form of gaming, is set to become one of the fastest-growing gaming segments. The report said the PCG market is expected to reach $16 billion by 2024. With a compound annual growth rate of 31.9 per cent from 2021 to 2024.

Why is gaming declining?

In the US, spending on games fell 5% in 2022. Across Europe, game sales are down over 7%. It looks bad, but there was one very big reason for the decline: COVID-19. In 2020, when the lockdowns hit, video game sales surged.

Are gaming PCs in demand?

The market will generate $35.9 billion in 2021, driven by 1.4 billion PC gamers. As a result of the pandemic and other factors, demand for PC gaming hardware has skyrocketed at a time when supply is short.

Is PC gaming getting more expensive?

If you want the best of the best, PC gaming is more expensive today than it was a decade ago. But that's a narrow segment of buyers who want that configuration. If anything, you're getting more for your money today than you were a decade ago.

How much do PC gamers make a year?

As of Mar 2, 2023, the average annual pay for a Professional Video Game Player in the United States is $56,217 a year. Just in case you need a simple salary calculator, that works out to be approximately $27.03 an hour.

Can a PC survive for 10 years?

The average lifespan of a desktop computer

Every situation is different, but you can expect the average desktop PC to last between three and eight years. Desktops tend to kick on longer than laptops due to the extra space inside the box.

Can a gaming PC be on 24 7?

No problems here. Servers, like the ones used by Google, Microsoft, your ISP, websites, and gaming companies (that is, where your PC connects if you are playing an online game) are specifically designed for 24/7 use.

Will a PC last longer than a console?

The difference in cost adds up over time and can end up being more expensive through consoles in the long run. Gaming PCs last 7-10 years but the hardware can get upgraded over time to last longer. Consoles last an average of 5 years and have replacing them entirely as their only "upgrade" option.

What states are gaming PCs illegal?

According to Niche Gamer on Tuesday (July 27), the California Energy Bill recently went into effect, preventing consumers from buying high-end, pre-built gaming personal computers (PCs). Washington, Vermont, Hawaii, Colorado, and Oregon have joined California in banning these products in their states, as well.

What states are banning gaming PC?

Niche Gamer reports Oregon is joining California, Vermont, Hawaii, Colorado and Washington state in banning the products because of the large amount of electricity they use.

Why do PC gamers hate Prebuilts?

Pre builds are usually put together poorly and would cost more if you put a machine with the same specs together. When taken apart, it's very clear that despite the higher cost that they cheaped out on crucial parts like the motherboard, power supply and coolers. Parts that are never listed in the specs of pre builds.

Who dominates the PC market?

The overall market leader in the global personal computer market in 2022 was Lenovo with a market share of 24.1 percent with HP a close second with a 19.4 percent share. In terms of unit sales, Lenovo had 69 million shipments, while HP had around 55.6 million shipments.

What is the future of PC sales?

“A December 2022 poll of around 250 channel partners showed that 60% expect their PC business revenue to remain flat or decline in 2023. This challenging environment for the PC industry is anticipated to last until the second half of next year.”

Is the gaming PC market good?

The global gaming computer market is flourishing at a rapid pace. However, cost of gaming computers is relatively high and still a concern for new entrants. New entrants are very important to the long-term health of any gaming platform.