Global Arcade Gaming Market Size, Share, Growth Analysis, By Type(Video Games, Simulation Games), By Genre(Racing, Fighting), By End-users(Gaming Hubs, Semi-commercial)

Description

Global arcade gaming market size was valued at USD 3.79 billion in 2022 and is poised to grow from USD 3.98 billion in 2023 to USD 5.95 billion by 2031, growing at a CAGR of 5.14% during the forecast period (2024-2031).

Arcade gaming, centered around gameplay on arcade machines typically found in public settings, offers an endless experience without a definitive conclusion, ensuring sustained player engagement. The burgeoning presence of commercial gaming parlors and the proliferation of arcade machines in malls and other public venues are expected to drive market growth. A significant trend in the industry involves the integration of virtual reality (VR) technology into arcade games, enhancing immersion and driving demand for VR-based experiences. Despite these opportunities, arcade game businesses must navigate challenges such as the high costs of machines and the need for ample storage space, which could hinder market growth both in the forecast period and beyond.

Top-down and bottom-up approaches were used to estimate and validate the size of the global arcade gaming market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Arcade Gaming Market Segmental Analysis

The global arcade gaming market is segmented by type, genre, end-users, and region. Based on type, the market is segmented into video games, simulation games, and mechanical games. Based on genre, the market is segmented into racing, fighting, puzzle, and others. Further, by genre, the market is segmented into gaming hubs, semi-commercial, and residential. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Arcade Gaming Market

Nostalgia emerges as a pivotal force propelling the resurgence of retro gaming, as individuals of older generations reconnect with their pasts through arcade games. The simplicity and inherent enjoyment of these games stand out as significant catalysts fuelling the retro gaming trend and fueling growth in the arcade gaming market.

Restraints in the Global Arcade Gaming Market

The widespread accessibility of online games across the globe offers a unique gaming experience unmatched by traditional arcade gaming, potentially posing a threat to the sustained growth of the arcade gaming market over time. With online games readily available from any location, the increasing popularity of online gaming could adversely impact the demand for arcade gaming, as players seek the convenience and diverse experiences offered by virtual platforms.

Market Trends of the Global Arcade Gaming Market

The rising prominence of VR in the gaming sector stems from its ability to deliver immersive virtual experiences, fueling increased interest in VR-based arcade games. Notable titles like the VR360 Dinosaur Attack Car Arcade Game 3D Shooter and Sega's VR Agent exemplify this trend, as they captivate players with their immersive gameplay. Consequently, VR arcade games effortlessly engage players by offering immersive gaming encounters, further driving their appeal in the gaming community.

Product Code: SQMIG25N2012

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Arcade Gaming Market by Type

Market Overview
Video Games
Simulation Games
and Mechanical Games

Global Arcade Gaming Market by Genre

Market Overview
Racing
Fighting
Puzzle
and Other

Global Arcade Gaming Market by End-users

Market Overview
Gaming Hubs
Semi-commercial
and Residential

Global Arcade Gaming Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Namco Bandai (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sega Sammy Holdings (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Taito Corporation (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bay Tek Entertainment Inc. (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Capcom (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Chicago Gaming Co. (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
CXC simulations (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
D-BOX technologies (Canada)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Raw Thrills (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Global VR (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
ICE (Innovative Concepts in Entertainment) (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Andamiro (Korea)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
UNIS Technology (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Arcade1Up (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Stern Pinball (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
BANDAI NAMCO Amusement America Inc. (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Adrenaline Amusements (Canada)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Dream Arcade (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Injoy Motion Corp (China)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
H2Overdrive (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Arcade Gaming Market Size, Share, Growth Analysis, By Type(Video Games, Simulation Games), By Genre(Racing, Fighting), By End-users(Gaming Hubs, Semi-commercial) - Industry Forecast 2024-2031