US Connected Gaming Console Market 2021-2026

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    US CONNECTED GAMING CONSOLE MARKET

     

    INTRODUCTION

    Early efforts at this took the shape of personal computer/console hybrids, which frequently combined a cartridge port and a keyboard.

     

    The most visible instances of this format were products from hardware makers like Commodore, whose success in the 1980s is largely credited for kick-starting the home computer sector.

     

    Commodore and its competitors sought to blend the aesthetics of a gaming console and an office computer by developing systems that employed joysticks and keyboards as their primary means of interface.

     

    These devices were functionally “computer-biased,” with gaming relegated to a secondary consideration.

     

    Today’s game consoles, such as the Xbox, Nintendo Wii, or Sony PlayStation, are all essentially computers: they have a hard drive, just like a computer, and they run an operating system, just like a computer.

     

    Because they are essentially computers, they store information in a similar manner. Many individuals use their gaming system for more than simply gaming, such as browsing the Internet and watching movies.

     

    This data is saved on the hard disc of the game console. This implies that data, including erased data from a game console, can be retrieved. To play online games on a console gaming system, a player needs to first register an online account. 

     

    infographic: US Connected Gaming Console Market, US Connected Gaming Console Market Size, US Connected Gaming Console Market Trends, US Connected Gaming Console Market Forecast, US Connected Gaming Console Market Risks, US Connected Gaming Console Market Report, US Connected Gaming Console Market Share

     

    Coding and development for consoles are far more similar to those of PCs. It isn’t the same thing, but it’s a lot closer than it used to be. There are several major distinctions, which we shall examine immediately.

     

    When designing a console, you must deal with restricted equipment capacity and explicit details. This is obviously more restrictive than the PC’s moveable abilities.

     

    However, it makes things easier for creators as well. It creates a game within certain constraints and does not compensate for differences in video cards or CPUs.

     

    Gaming systems, such as the PS4, become less expensive as they age. It usually happens by a large margin with dispatch.

     

    To know more about Global Connected Gaming Console Market, read our report

     

    US CONNECTED GAMING CONSOLE MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Qualcomm ‘working’ on Android gaming console similar to Nintendo Qualcomm is reportedly working on an Android-powered, handheld gaming console similar to the popular Nintendo Switch. As per a report by Android Police citing sources, the Qualcomm device will have detachable controllers like the Joycons on Nintendo’s handheld console. Global This would enhance better Technological Controls

     

    US CONNECTED GAMING CONSOLE MARKET DYNAMICS

     

    SI No Timeline Developments
    1 Q4-2021 Nintendo Co.Ltd.,  released a new video game console Nintendo Switch OLED model featured with upgraded screen of 7-inch, better audio output, higher built-in storage, with new design and it is available in the market in the first month of fourth quarter 2021.
    2 Q4-2021 Gaming hardwares and consumer electronics developer Razer Inc. is partnered with Qualcomm to use next-generation portable gaming consoles, like 5G connections, a webcam for streaming and Razer’s new built-in controller is featured with the Snapdragon G3x Gen 1 chipset.
    3 Q4-2021 Sony developed a dual GPU cloud gaming PS5 and filed for a patent for its new innovation. The patent is for the gaming console for both cloud gaming and home use and it is a more powerful console than the present ones available.
    4 Q4-2021 Atari launched a new hybrid gaming system for both pc and console gaming system, Atari VCS comes with 8GB DDR4 RAM, AMD graphics and many more with built in chrome browser. Q3

     

    Because of its immersive and participatory nature, augmented reality is becoming ideal for mobile gaming. Furthermore, the most popular AR genre in app stores is mobile games.

     

    Apart from previously launched AR mobile games that are still popular, such as Pokémon Go and Ingress, market participants are making several new contributions to the genre, such as Harry Potter: Wizards Unite and Minecraft Earth.

     

    Furthermore, due to the growing mobile gaming industry, prominent businesses who make games for consoles and PCs are also releasing their games in mobile versions.

     

    PUBG Mobile was the most popular mobile game in 2020. The move of the series onto mobile gaming was smooth, and ultimately

     

    Consumer spending on games and gaming equipment has risen dramatically in recent years. Furthermore, customers are spending more money on video game accessories such as controllers, light weapons, joysticks, and so on.

     

    As a result, these factors are likely to propel the worldwide connected gaming console market forward. Broadband penetration has risen globally, particularly in wealthy nations such as the United States.

     

    As a result, the demand for gaming consoles has soared, with linked game console suppliers promoting connected game console sales.

     

    The growing usage of immersive technologies such as virtual reality, augmented reality, and mixed reality will be a cornerstone for the gaming business, allowing gamers to have a 20-times more fun and convenient experience than traditional alternatives.

     

    This example is intended to boost the gaming console application, since VR/AR headsets will be a growth driver, eventually combining with game consoles.

     

    To capitalize on the expanding trend in AR/VR, firms such as Oculus and HTC have positioned their product offerings in response to market demand. Oculus has two VR consoles, and HTC has two VR consoles as well. The AR/VR market is in high demand.

     

    infographic: US Connected Gaming Console Market, US Connected Gaming Console Market Size, US Connected Gaming Console Market Trends,  US Connected Gaming Console Market Forecast,  US Connected Gaming Console Market Risks, US Connected Gaming Console Market Report, US Connected Gaming Console Market Share

    US CONNECTED GAMING CONSOLE MARKET SEGMENTATION

    The US Connected Gaming Console Market can be segmented into following categories for further analysis.

    US Connected Gaming Console Market By Technology

    • Standalone Console Operations
    • Handheld Console Operations

     

    US Connected Gaming Console Market By Usage

    • Commercial Usage
    • Personal usage
    • Simulation Environment Usage

     

    US Connected Gaming Console Market By Construction

    • New Placement
    • Upgradation
    • Maintenance and Repair

     

    US Connected Gaming Console Market By Regional Classification

    • Western Region – USA
    • Midwest Region – USA
    • Northeast Region – USA
    • Southern Region – USA

     

    RECENT TECHNOLOGICAL TRENDS IN US CONNECTED GAMING CONSOLE MARKET

     

    SI No Timeline Company Developments
    1 Q4-2021 Valve Corporation Video game developer and distribution company Valve Corporation to release a new handheld gaming console device Steam Deck with SteamOS v3 and it will be publicly available in the first quarter of 2022.
    2 Q4-2021 Qualcomm Leading microchip supplier Qualcomm designed a new microchip for handheld gaming consoles Snapdragon G3x.
    3 Q4-2021 Sega Inc. Sega Inc. launched a new gaming device mini arcade console with vertical screen display but the device is only released in Japan.
    4 Q4-2021 Microsoft Microsoft’s Xbox cloud gaming in Xbox Series X / S consoles which is accessible at the end of the year quarter and it requires a Game Pass Ultimate subscription which allows users to play games and stream on the cloud platform without downloading and installing the game.

     

    A gaming console is a highly specialized computer system that allows one or more players to play computer games at the same time.

     

    It is often used in conjunction with a television or other sort of display device, while there are a few hand-held gaming consoles that have their own built-in display and are entirely self-contained.

     

    If an external display unit is required, the console must create the necessary audio and visual signals, which are then delivered to the display unit through the appropriate connection type.

     

    The difference between a game console and a personal computer is that, while both are capable of playing games, the personal computer is designed to allow users to run nearly any type of software.

     

    3D scanning and facial recognition technologies enable systems to build your likeness in the gaming world (allowing you to design a bespoke avatar that looks exactly like you) or to creatively transfer your own expressions to other digital creations.

     

    Furthermore, by detecting 78 distinct spots on a person’s face, the Intel RealSense 3D camera may enable developers to create games that respond to the emotions of the gamer.

     

    For example, a few grimaces at your gaming screen implies the system will automatically reduce the game’s difficulty. Choice-controlled gaming has been around for a while, but the possibility for implementing the technology in game systems has now caught up with reality computers.

     

    Though many virtual reality gaming consoles have yet to be commercially released, companies building VR headset displays are positioned to provide players with a completely immersive gaming experience like no other.

     

    AR games provide a perspective that is unique to the gamer. They move around in the actual world, making the game’s object relatable to real-life events.

     

    With the introduction of smartphones, the gaming experience has been moved from the arcade to the living room and placed in the palm of your hand.

     

    infographic: US Connected Gaming Console Market, US Connected Gaming Console Market Size, US Connected Gaming Console Market Trends,  US Connected Gaming Console Market Forecast,  US Connected Gaming Console Market Risks, US Connected Gaming Console Market Report, US Connected Gaming Console Market Share

    US CONNECTED GAMING CONSOLE MARKET COMPETITIVE LANDSCAPE

     

    SI No Timeline Company Developments
    1 Q4-2021 Nintendo Japanese multifunctional video game company Nintendo launched video game console Nintendo Switch in 2017 and it is the best selling console in November 2021, selling more than 1.13 million units of combined sales of all Nintendo Switch models.
    2 Q4-2021 Atari Corporation France headquartered Atari Corporation shut down its free to play titles to focus on premium console and pc games. Atari also acquired a video gaming database from MobyGames for $1.5 million.
    3 Q3-2021 Sony Corporation Best selling gaming systems Sony Corporation sold more than 10 million PS5 consoles till third quarter and it is the fastest selling gaming console after the PS4 in Sony’s sales record. 
    4 Q2-2021 Microsoft Microsoft acquired ZeniMax Media for $7.5 billion as a subsidiary of Xbox game studios. Xbox revenue is recorded 34% year over year growth and recent acquisition is also part of the revenue figure.

     

    Controllers (devices that allow the user to interact with a game in much the same way as a joystick, keyboard, or mouse on a personal computer do), a power supply unit (PSU), a central processing unit (CPU), and random-access memory are all elements of a gaming console (RAM).

     

    First-generation gaming systems, such as the Magnavox Odyssey, were often “hard-wired” to only play one game. Ralph Baer created the Odyssey in 1972, and it is remarkable for being the first console on the market.

     

    When the Japanese corporation Nintendo released the Nintendo Entertainment System (NES) to the US market in 1985, the industry’s fortunes improved.

     

    Sony Corporation has been integrating the new console-based system which has been connecting the TV and Gaming Console systems to create a connected environment.

     

    With Auto HDR Tone Mapping, your HDR settings will be optimized quickly during the first setup of your PS5TM system. Your PS5TM recognises unique BRAVIA XR TV models and chooses the appropriate HDR setting for your TV based on this information.

     

    As a result, even in high-contrast settings, you’ll be able to notice important features and colours in the brightest and darkest portions of the screen.

     

    The BRAVIA XR immediately enters Game Mode to reduce input latency and make the action snappier. When watching movies on PlayStation5® systems, it returns to Standard Mode to concentrate on image processing for more emotive scenes.

     

    The Dual Sense wireless controller for PS5 offers immersive haptic feedback,  dynamic adaptive triggers, and a built-in microphone, all integrated into an iconic design.

     

    Nintendo is part of the latest connected game console network development. Nintendo may offer an improved version of the Switch next year. Nintendo’s portable console was unveiled in 2017 to widespread acclaim and massive sales figures.

     

    The business then produced a more toned-down version of the Switch, called the Nintendo Switch Lite, in 2019, and it now appears that the device will be getting a much-needed upgrade.

     

    Given that the PlayStation 5 and Xbox Series X will be released before the end of this year, it makes sense for the firm to design an improved version of their hugely popular platform.

     

    The new function allows Nintendo Switch consoles to connect to Bluetooth headphones and earbuds, although there are certain restrictions.

     

    Users connected to Bluetooth audio, for example, will only be allowed to connect two wireless controllers at the same time. To connect additional controllers, users must first disable Bluetooth audio connection.

     

    During local communication, players must also turn off Bluetooth Audio. Furthermore, while you may save up to ten Bluetooth audio devices, only one can be used at a time.

     

    US CONNECTED GAMING CONSOLE MARKET COMPANIES PROFILED

     

    THIS US CONNECTED GAMING CONSOLE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. US Connected Gaming Console Market size and Forecast, by region, by application
    2. Average B-2-B price for US Connected Gaming Console Market, by region, per user
    3. Technology trends and related opportunity for new US Connected Gaming Console Market tech suppliers
    4. US Connected Gaming Console Market share of leading vendors, by region,
    5. Coronavirus impact on US Connected Gaming Console Market earnings
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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