Online Gaming Market Worth $431.87 Billion by 2030
Meticulous Research ® —a leading global market research company, published a research report titled, ‘ Online Gaming Market by Model (Free-to-play, Pay-to-play), Genre, Revenue Stream (Media & Broadcasting Rights, Advertisement & Sponsorships, Others), Platform, Streaming (Live Streaming, On-demand Streaming) and Geography—Global Forecast to 2030’ . According to this latest publication from Meticulous Research ® , the Online Gaming Market is projected to register a CAGR of 19.6% from 2023–2030, to reach $431.87 billion by 2030. The growth of this market is driven by the rise in popularity of online gaming, a surge in the use of smartphones for online gaming, and the gradual establishment of internet infrastructure in developing countries. However, a lack of standards and regulations restrains the growth of this market. In addition, the creation of new monetization models and in-game advertisements and sponsorships are expected to offer significant opportu...