North American Market Statistics
North America industry is anticipated to hold largest revenue share of 33% by 2037. The rise of game streaming services has been a major factor in the expansion of the skill gaming industry in North America. Sites like Twitch and YouTube Gaming have grown in popularity as places where players can show off their abilities, interact with viewers, and find new games.
In addition to increasing the prominence of skill-based games, this trend encourages interaction and an awareness of community within the gaming industry. As a result of all this, the market is predicted to grow significantly in North American nations.
APAC Market Analysis
The skill gaming market in the Asia Pacific region is projected to witness a notable market share of 27% during the review period. The spread of mobile gaming is primarily responsible for the growth of the skill gaming sector in the Asia Pacific region. The number of people who play games on their phones is increasing, due to the growing use of smartphones and relatively cheap data plans.
This move to mobile platforms makes it easier and more convenient for people to participate in skill games, which is stimulating the overall growth of this market. By 2021, the Asia Pacific region was home to over 1.7 billion wireless players. The fact that the area has a large user base and mobile gaming's influence on the expansion of the market is highlighted in this data.
Author Credits: Abhishek Verma
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