Arcade games Market Insights Video

According to Cognitive Market Research, the global arcade games market was valued at USD 24151.2 million in 2023 and is projected to grow at a CAGR of 5.60% from 2023 to 2030.

• North America held the major market of more than 40% of the global revenue with a market size of USD 9660.48 million in 2023 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030.
• Europe Arcade games is projected to expand at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030, Europe accounted for a share of over 30% of the global market size of USD 7245.36 million
• Asia Pacific held the market of more than 23% of the global revenue with a market size of USD 5554.78 million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2023 to 2030.
• Latin America market of more than 5% of the global revenue with a market size of USD 1207.56 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2030
• Middle East and Africa held the major market of more than 2% of the global revenue with a market size of USD 483.02 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030
• The demand for video games is rising due to the numerous strategies adopted by key participants such as product launch, new product development and partnership.
• Demand for action genre remains higher in the arcade games market.
• The 19-35 years segment held the highest arcade games market revenue share in 2023.