3D Gaming Console Market to Grow Lucratively Over 12% CAGR till 2024 - PowerPoint PPT Presentation

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3D Gaming Console Market to Grow Lucratively Over 12% CAGR till 2024

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According to a recent study by Hexa Research, the global 3D gaming console market is predicted to grow at a lucrative pace (over 12% CAGR) during 2016 to 2024 (forecast period). Analysts have anticipated market volumes to exceed 61 million units by 2024. – PowerPoint PPT presentation

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Title: 3D Gaming Console Market to Grow Lucratively Over 12% CAGR till 2024


1
Your Catalyst To a Lucrative Business 3D Gaming
Console Market Share, Size, Application Analysis,
Strategies, Growth, Trends and Forecasts to 2024
Hexa Research
"3D Gaming Console Market to grow at over 12
CAGR from 2016 to 2024."
Hexa Research Inc. projects the global 3D Gaming
Console Market to grow lucratively (over 12
CAGR) in the forecast period (2016 to 2024).
Market volumes could surpass 60 million units by
2024. This may be attributed to the
extraordinary gaming experience offered by 3D
(three-dimensional) game consoles. Technical
innovations have facilitated gamers to get a feel
of the real environment while playing. Higher
affordability of 3D display technologies, latest
software, and advanced devices have triggered a
transformation in the gaming entertainment
industry. 3D gaming consoles project the images
of conve ntional 2D games in three-dimensional
format. Moreover 3D technology creates
near-perfect spatial localization that renders
an accurate perception of surface materials in
gaming. The immersive feel thus offered is
unparalleled. Demand is also buoyed by rising
purchasing power. Youngsters, especially, are
attracted to these games due to their realistic
visuals. Browse Details of Report
_at_ https//www.hexaresearch.com/research-report/3d-
gaming-console-market
2
Your Catalyst To a Lucrative Business A major
constraint on industry growth is the high
developmental costs of gaming software. Prolonged
gaming has an adverse effect on humans,
especially the eyes. Also, with smart phones
equipped with three - dimensional technology,
the demand for 3D consoles may drop. The 3D
gaming console market is split as per components,
technologies, consumers, and geographies.
Components include hardware and software. Some of
the technologies are Leap Motion, Active Shutter
Technology, Auto Stereoscopy, and Project
Holodeck. Oculus Rift, KINECT motion gaming, Xbox
IllumiRoom, and Polarized Shutter Technology
constitute the rest. Consumers of 3D consoles
encompass gaming, healthcare, and mobiles.
Healthcare is anticipated to largely benefit
from virtual reality that uses 3D technology.
Potential uses of these consoles across medicine
include doctor training, pain management,
surgical procedures, etc. Sony Playstation,
Microsoft Xbox, and Nintendo Wii are highly
popular brands. Consoles are available in four
types namely hand-held, home, dedicated, and
micro. Based on regions, the global market
consists of Asia Pacific, Europe, North America,
South America, and the MEA (the Middle East
Africa). Europe reigned in 2015 and is expected
to do the same till 2024. Asia Pacific h eld
considerable shares in 2015. China is a major
contributor to Asia Pacific. India, South Korea,
and Japan are the other key consumers in this
region. Asia Pacific should be the
fastest-growing geography during 2016 to 2024.
This will be ascribed to its high population and
innovative technologies (like 3D imaging, virtual
reality, augmented reality, etc.). The U.S. is
likely to witness rapid growth in the near
future. Its attraction for three-dimensional
consoles drives the nation. Notable participants
in the worldwide 3D gaming console market are
Microsoft Corporation Oculus VR Apple Inc.
Sony Computer Entertainment Inc. and Electronic
Arts Inc. Sony is the industry leader. It focuses
on innovations and strategic tie-ups. The
company has entered alliances with software
hardware developers. Its latest product,
PlayStation 4 generated sales volumes of 40
million units in May 2016. Its upcoming product -
the Morpheus VR headset is highly
awaited. Microsoft Corporation faces direct
competition from Sony products. It introduced
Xbox game stations and HoloLens VR headsets
to enter the 3D games station industry. Most of
the players are engaged in technological
developments that will provide completely
immersive experience to gamers. They a lso
enter partnerships and consolidations for the
same. Browse Related Category Market Reports
_at_ https//www.hexaresearch.com/research-category/n
ext-generation-technologies-industry
3
  • Your Catalyst To a Lucrative Business
  • Table of Content of 3D Gaming Console Market
  • 1. Methodology Scope
  • 1.1 Research Methodology
  • Initial Data Exploration
  • Statistical Modeling and Forecast
  • Industry Insights and Validation
  • Research Scope Assumptions
  • List of Data Sources
  • 2. Executive Summary
  • 2.1 Industry Summary of 3D Gaming Console Market
  • Industry Outlook
  • 3D Gaming Console Market Segmentation
  • 3D Gaming Console Market Size and Growth
    Prospects
  • 3D Gaming Console Market Dynamics

4
  • Your Catalyst To a Lucrative Business
  • Company Overview
  • Revenue Analysis
  • Product Benchmarking
  • Strategic Initiatives
  • Oculus VR
  • Company Overview
  • Revenue Analysis
  • Product Benchmarking
  • Strategic Initiatives
  • Apple Inc.
  • Company Overview
  • Revenue Analysis
  • Product Benchmarking
  • Strategic Initiatives
  • Sony Computer Entertainment Inc.
  • Company Overview
  • Revenue Analysis
  • Product Benchmarking

5
Your Catalyst To a Lucrative Business About
Us Hexa Research is a market research and
consulting organization, offering industry
reports, custom research and consulting services
to a host of key industries across the globe. We
offer comprehensive business intelligence in the
form of industry reports which help our clients
obtain clarity about their business environment
and enable them to undertake strategic growth
initiatives. Contact Us Ryan Shaw Hexa
Research Felton Office Plaza 6265 Highway
9 Felton, California 95018 United States Phone
1-800-489-3075 Email sales_at_hexaresearch.com Webs
ite - http//www.hexaresearch.com/ Visit our
Blog https//hexaresearchinc.wordpress.com/
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