An increase in the commercialization of 5G technology as well as a rise in the adoption of cloud gamification are anticipated to drive the growth of the global gaming software market during the forecast period. The North America region is projected to hold the majority of the market share by 2032.
PORTLAND, Ore., Nov. 21, 2023 /PRNewswire/ — Allied Market Research has recently published a report, titled, “Gaming Software Market by Purchase Type (Box/CD Game, Shareware, Freeware, In-App and Purchase-based, Digital), by Type (PC Games, Browser Games, Console Games, Smart Phone/Tablet Games): Global Opportunity Analysis and Industry Forecast, 2023-2032″. According to the report, the global gaming software market generated $127.1 billion in 2022, and is anticipated to generate $301.5 billion by 2032, witnessing a CAGR of 9.3% from 2023 to 2032.
Prime Determinants of Growth
The global gaming software industry is experiencing significant growth propelled by various factors. The commercialization of 5G technology stands out as a key driver, particularly impacting mobile gaming by…
