Technological innovations and Next-Generation Devices on the Global Gaming Market



Gamers love superior gaming experience; and thanks to improved technological advancements in RAM and GPU, this experience is increasingly streamlined on TV gaming consoles and on handheld gaming consoles.


The launch of next generation gaming consoles and the rising popularity of e-sports leagues are henceforth at the core of stakes
 
Technavio research analysts are forecasting positive growth in revenues for peripherals, headsets, and consoles

The firm reveals that, the Americas region dominance is attributed to the high number of console gamers in the U.S. and improved gaming experiences. 

The APAC region is expected to account for more than 38% of the global market revenue for headsets and is also expected to witness the highest market growth rate during the forecast period. 

According to Technavio, the growth of the headsets market in this region is augmented by the demand for high-end headsets from emerging countries such as India, Taiwan, and Indonesia. 

TV gaming consoles are currently the dominant segment accounting for approximately 82% of the global gaming console market (as of 2015), while handheld gaming consoles account for the remaining share of the market. 

Some of the key vendors for the gaming market include Corsair, Logitech, and Mad Catz for peripherals; Cooler Master and Creative for headsets; and Microsoft and Nintendo for consoles.