China Online Gaming Market Report 2021-2027 - eSports is One of the Main Reasons for Market Growth as Competitions are Broadcasted Online
DUBLIN, May 6, 2021 /PRNewswire/ -- The "China Online Gaming Market By Number of Users, Category, Age Group, Segments, Company Analysis, Forecast" report has been added to ResearchAndMarkets.com's offering.
Online Games Market in China was valued US$ 58 Billion in 2020 and is expected to reach to US$ 86 Billion by 2027.
The fading boundary between the online game and real life is changing the online gaming industry in China. Video and online games are quickly changing culture and are creating a synthetic world. There has been a unique culture that evolved around the Chinese online gaming world. In China, online gaming, internet users are considered equivalent to the TV shows for American baby boomers. Chinese companies designed online game is getting more popular among users worldwide.
Due to the surging popularity of online games in China, companies worldwide are entering the market by acquiring Chinese companies' share or taking sponsorships of professional players. The popularity of eSports is one of the main reasons for the growth of the gaming industry in China as many players participate in gaming competition that is also broadcasted online. As per this research study, China Online Gaming Industry will grow with a CAGR of 5.79% during 2020-2027.
China is one of the most gainful markets for the gaming industry globally. The online gaming market has appeared as the most influential and transforming segment in China. It has been witnessing a series of developments driven by increasing Internet and broadband infiltration, double-digit growth in online gaming users, rapid product development and commercialization. The rise of Chinese online gamers' per capita income has reinforced the china online gaming market significantly.
Furthermore, 5G technologies have also given rise to the mobile-based VR gaming market in the Chinese region. In May 2020, Archiact had a partnership with Migu, a telecom provider China Mobile subsidiary, for Archiact's games that would be the first VR games to be playable via Migu's 5G cloud gaming platform, named as Migu Quick Gaming.
Mobile Online Games dominates the Online Games Market in China and is expected to witness significant demand during the forecast period. Besides due to the outbreak of the COVID-19 pandemic, the market has seen relatively higher growth. With a large consumer base in the mobile online game market, specifically between the age range of 13-20 years with good internet connectivity, the adoption of numerous new games are expected to increase, thereby turning the mobile-based device into a powerful gaming platform.
We have covered companies like Tencent, NetEase, Kingsoft, Changyou, Shanda Online Games are the top key players in the China Online Gaming market.
Key Topics Covered:
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Regulatory Status on Online Gaming Industry
6. Government Initiatives to Promote Online Gaming Industry
7. China Online Gaming Market
8. Share Analysis
8.1 Market Share
8.2 Users Share
8.3 Company Sales Share
8.4 China Online Gamers Share by Location
9. Category - China Online Gaming Market
9.1 Mobile Online Games Market
9.2 PC Online/ Client Games Market
9.3 Web Games Market
10. Age Group - China Online Gaming Market
10.1 Age Bracket (Below 19 Years)
10.2 Age Bracket (19 - 25 Years)
10.3 Age Bracket 26+
11. Segments - China Online Gaming Market
11.1 Large Client Games
11.2 Platform Games
11.3 Social Games
11.4 Other Games
12. Number of Users - China Online Gaming Market
12.1 Online Gaming Users
12.2 Mobile Online Games Users
12.3 PC Online Client's Games Users
13. Game Players Behavioral Features and Preferences
13.1 Mobile Game Players
13.1.1 Number of Years
13.1.2 Average Game Playing Duration
13.1.3 Payment for Mobile Games
13.1.4 Main Products of Mobile Games
13.1.5 Information Access and Download Channels
13.2 PC Client Game Players
13.2.1 Number of Years
13.2.2 Average Game Playing Duration
13.2.3 Payment for Mobile Games
13.2.4 Main Products of Mobile Games
13.2.5 Information Access and Download Channels
14. Company Sales Analysis
14.1 Tencent
14.1.1 Overviews
14.1.2 Recent Developments
14.1.3 Revenues
14.2 NetEase
14.3 Kingsoft
14.4 Changyou
14.5 Shanda
For more information about this report visit https://www.researchandmarkets.com/r/ctd39d
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