MMORPG Gaming Market Trends Analysis & Industry Analysis Report, 2020-2027

 


MMORPG Gaming Market

The global MMORPG Gaming Market is expected to witness a growth of 10.5% during the coming years. The rising tendency for online gaming among younger generations has created a virtual world for video gamers and the intensified investment gaming market will fuel the MMORPG Gaming Market share.

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MMORPG Gaming Market Dynamics

The major factor stimulating the growth of the global MMORPG Gaming Market is the intensified initiatives by the leading players in emerging economies. For example, Amazon Game Studio announced the launch of a new game “The Lord of the Rings” coming to consoles. The company entered into a prudential partnership with Leyou Technologies and Middle-earth Enterprises to launch this game, which has steered the demand for the product across the regions.

With the accelerating penetration of internet, the demand for multiple online role-playing games has proliferated. According to “International Telecommunication Union”, the global internet penetration has increased from approximately 17% in 2005 to over 53% in 2019 which indicates the rising number of internet consumers that have totally changed the global MMORPG gaming market. The evolution of the coronavirus has impacted the global MMORPG gaming market size in a health way. The lockdown enforced across the nation has raised the inclination of teenagers towards multiple online role-playing games.

Device Segment Drivers

The mobile device segment is expected to experience a significant surge in the global MMORPG market over the forecast period. This is because of the accelerating number of smartphones users across the world. As per the GSMA, the deployment of the smartphone is projected to rise from 64% in 2019 to 81% in 2025. Tablets are gauged to steer the growth of the mobile device segment because of the benefits such as larger displays and an enhanced viewing experience.

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