The global gaming headset market to grow to USD 2.12 billion by 2021, at a CAGR of more than
7% over the forecast period, according to their latest report.
The research study by Technavio on the global gaming
headset market for 2017-2021 provides a detailed industry analysis based on
product (PC gaming headset and console gaming headset), technology
(wired gaming headset and wireless gaming headset), distribution channel
(offline and online), and geography (the Americas, APAC, and EMEA).
Currently, wired headsets are leading the revenue
generation in the global gaming headsets market, occupying over 62% of the
total share. However, wireless headsets are witnessing high penetration rates,
with improvement in technology and battery lives. Wireless headsets are
projected to lead the market by the end of the forecast period, generating
close to 53% of the overall revenue.
Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.
Technavio analysts highlight the following three factors that are
contributing to the growth of the global gaming headset market:
·
Growth in the global e-sports market
·
Technological developments and product innovation
·
Sophisticated techniques in gaming
Growth in the global e-sports market
E-sports adds entertainment value to gaming by helping the gamers get a
global exposure where people can enjoy the game by competing against the best
in the world. The popularity of e-sports is at an all-time high, which will
continue to grow during the forecast period, thereby driving the growth of the
market.
Technological developments and product innovation
The gaming
market is witnessing
several significant technological developments and product innovations,
providing improved graphics to make the gaming experience more realistic. These
advances incorporate the use of additional hardware such as gaming headphones and
other audio-visual aids to provide the ultimate gaming experience to the users.
Games such as Call of Duty series, Warcraft series, Diablo
III, FIFA series, Battlefield series, Grand
Theft Auto, Metal Gear, and L.A. Noire, use the
latest software and graphics, drawing a large number of players. The high
number of takers for these games ensures a steady revenue stream to the gaming
headset market.
Sophisticated techniques in gaming
“The techniques
used by gamers are constantly evolving to keep up with the increased complexity
and sophistication of the latest games. Also, the number of adult consumers who
can afford to spend more to procure the best gaming paraphernalia are
increasing, resulting in a direct increase in the sales of gaming headphones,” says Ujjwal.
The increase in the number of adult consumers has not only increased the
target audience base, but has also resulted in the emergence of gaming as a way
of entertainment, stress buster, and means to an enhanced gaming experience.
This has resulted in the increased sales of premium gaming peripherals, thereby
adding significant revenue to the market.
No comments:
Post a Comment