Technavio's Arcade Gaming Market Research Report Highlights the Key Findings in the Area of Vendor Landscape, Key Market Segments, Regions, and Latest Trends and Drivers

Vendor Landscape

The market structure is expected to remain fragmented during the forecast period. Vendors are deploying different organic and inorganic growth strategies to compete in the market.

BANDAI NAMCO Entertainment Europe SAS, Bay Tek Entertainment Inc., Capcom Co. Ltd., CXC Simulations, D-BOX Technologies Inc., International Games System Co. Ltd., Nintendo Co. Ltd., PrimeTime Amusements, SEGA SAMMY HOLDINGS Inc., Square Enix Holdings Co. Ltd. among others are some of the few key vendors competing to maintain their market position in the market.

Various players in the market are engaging in strategic partnerships and joint ventures coupled with launching differentiated products to up their game in the arcade gaming industry. For instance, BANDAI NAMCO Entertainment Europe SAS  offers various arcade games such as Namco museum arcade pac, Digimon survives, tales of arising, and Pac man 99. Similarly, Capcom Co. Ltd. operates two sub-segments as Pachinko & Pachislo, where the company manufactures and sells frames and LCD devices for gaming machines and software, and Arcade Games Sales, where develops and sells arcade games for amusement facilities.

View more about the market's vendor landscape highlights with a comprehensive list of vendors and their offerings.

Key Market Segmentation

• Segmentation by End-user: 
• Gaming Hubs: 
• Arcade gaming machines are used as inventory in the gaming hubs market. The equipment necessary for modern arcade gaming is extremely expensive and out of reach for most people. As a result, this form of arcade gaming is exclusively available at gaming hubs. Despite the market's maturity, the latest technologies, such as game simulators, are still in their early stages of development, resulting in an increasing number of organizations seeing value in the product.
• Simulation-based games for gaming centers are being offered by vendors in the global arcade gaming market, which largely appeal to youths and Millennials. As a growing number of businesses expand their service offerings, arcade gaming machines are projected to become more widely available.
• Semi- commercial
• Residential

• Segmentation by Type:
• Video-gaming:
• The massively multiplayer online (MMO) games have been one of the leading segments and are growing at a significant rate since the past few years and will continue to be the same during the forecast period. MMO games are now primarily played at home if they are to be played professionally, thanks to the rise of e-sports. Most vendors in the worldwide arcade gaming market offer MMO games on a subscription basis to expand their online gaming consumer base.

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Regional Market Outlook

APAC will contribute to 52% of the market growth during the forecast period.  The growth of this region can be attributed to the increased physical activity in arcade gaming. Because vendors such as Sony and Nintendo are situated in Japan, the majority of arcade gaming technology advances take place there. The rise of the arcade gaming market in emerging countries is one of the primary drivers. For the arcade gaming sector, the majority of countries in APAC are emerging. Innovative arcade games with high graphical capabilities, such as simulators, are becoming more widely available. As the technological era progresses, buyers will get more interested in games, propelling the arcade gaming industry forward over the projection period.

Apart from regions, if we look at the country-wise market growth, the US, China, Japan, and South Korea (Republic of Korea) will contribute to the highest market growth.

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Latest Trends, Driving the Global Arcade Gaming Market

• Market Driver:
• High scope for monetization:
  
  Arcade gaming has few replacements in the market because of the better gameplay experience. Over 80% of the overall income comes from players who have already played the game. As the popularity of new-age arcade machines grows, they will become more widely available. As a result, more players will become addicted to the game, resulting in more revenue. In 2016, less than 10% of arcade game players have played simulators many times. Vendors will always be able to profit from players' passion. The repetitive arcade gaming users will not mind paying a price premium if the gaming experience is significantly better than other sources of gaming, such as consoles, PCs, and mobile devices. 
  
• Market Trend:
• Acceptance of 360-degree cameras as next-generation technology:
  VR 360-degree videos have been introduced as a result of advancements in VR technology. VR is quickly becoming a widespread gaming platform in the entertainment industry, and it's making its way into a variety of digital areas. As of 2019, the concept of virtual reality with game simulators is rapidly gaining traction and is one of the most significant technological advancements in the gaming industry. Adding a 360-degree vision with the VR headset enhances the QoE of the gaming simulator. Gamers can enjoy 360-degree VR entertainment while playing racing or shooting games.

Find additional information about various other market drivers & trends mentioned in our FREE sample report.

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