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.

Which is the largest gaming company in Asia?

Workforce of leading Asian gaming companies 2022

The Hangzhou-headquartered online service and and video game development company is the Asian game developer with the biggest workforce, ahead of second-ranked Bandai Namco with 9,886 employees during the measured period.

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.

Which countries have the biggest gaming market?

How big is the gaming market in Southeast Asia?

According to the All-Correct Games blog, Southeast Asia had approximately 250 million mobile online gamers in 2021, with Malaysia, Thailand, Vietnam, Indonesia, Singapore, and The Philippines being the largest contributors.

Exploring Asia's Largest Electronics Market #NehruPlace

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 gaming market in Japan?

Revenue in the Video Games segment is projected to reach US$72.27bn in 2023.

How big is the Chinese gaming market?

The market grossed 265.9 billion yuan ($39 billion) from video gaming sales in 2022, a 10.33% drop year-over-year, according to a new report released by the association on Tuesday. The overall user size shrank to 664 million, 0.33% fewer than the year before.

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.

Is Japan the leading gaming industry?

Current situation. 40 years later, Japan is still at the forefront of gaming, with the third largest market in the world after the USA and China. Consoles are still the go-to platforms for gamers. However, recent surveys report that 50% of Japanese Internet users play games with their smartphones.

Where is the big gambling place in 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.

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).

What is the largest online marketplace in Southeast Asia?

Shopee is the largest online marketplace in Southeast Asia, with 343 million visits per month. It operates across the region, and has recently expanded into South America.

What is China biggest gaming company?

The Chinese entertainment tycoon Tencent remains dominant in the mobile gaming arena. In January 2023, Shenzhen Tencent Tianyou Technology Ltd generated around 681 million U.S. dollars of in-app purchase revenue worldwide. Its Chinese rivals NetEase and miHoYo Games followed with a wide margin.

Is China the largest gaming market?

China's online gaming market is rising meteorically, with more than 701.8 Million gamers as of 2022; China is the biggest market in the world in terms of video games.

Is gaming a big industry in China?

Video game industry statistics in China

There are over 685 million gamers in China – almost half the country's population. Chinese video game revenue was estimated to be the largest in the world at $US46 billion in 2021.

Which is the largest gaming community in 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.

Why is China limiting gaming?

The National Press and Publication Administration claims the video game ban intends to protect children's mental and physical health. The Chinese government have been concerned about eye problems among young gamers for a while now.

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.

Why does China have so many gamers?

Broadly, the growth of the video game market in China is tied to expansion of its technology and digital economy from the 1990s to present day, which by 2016 represented over 30% of its gross domestic product.

How big is the Middle East gaming market?

The number of players in the three largest markets – Saudi Arabia, the UAE, and Egypt – is predicted to hit 86 million by 2025,” he said. The MENA region already has an estimated 377 million players, which is nearly the same as Europe's 386 million and significantly higher than America's 210 million.

What country is currently the second largest video game market?

With a user base of 396.4 million, India has the second largest population of gamers in the world, right behind mainland China.

How big is the US eSports market?

The global eSports market size was valued at USD 1.22 billion in 2021 and is projected to grow from USD 1.44 billion in 2022 to USD 5.48 billion by 2029, exhibiting a CAGR of 21.0% during the forecast period.