Video gaming is one of the fastest-growing sectors in the industry. Video gaming comprises different modes of gaming, including console gaming, mobile gaming, and PC gaming, out of which PC gaming accounts for 25% with a market value of almost $45 billion in 2021.
The video gaming industry was among the few businesses that thrived during the outbreak of the COVID-19 pandemic. It includes the creation, promotion, and monetization of video games.
PC gaming is a form of video game that involves the usage of Desktop and Laptop peripherals as a platform for gaming and entertainment purposes. The growth in PC gaming has seen a steady rise over recent years as the demand is not just limited to professional gamers but normal users as well. This is because of the seamless experience which PC gaming offers to the users in comparison to other forms of gaming.
The market size of PC gaming in Europe reached $6.6 billion in 2021, witnessing a significant increase of 17% from the previous year as the demand for video gaming increased. The market grew as indoor game activities increased following the shutdown of outdoor games owing to the pandemic and people globally spent most of their time at home due to the lockdowns.
Russia is the market leader for PC gaming in Europe with a share of 24% with $1.6 billion, closely followed by France and the UK with 22% and 21% respectively. Italy comes fourth with 11% followed by Spain with 6% market share. These five countries are the key markets for PC gaming and the video gaming industry as a whole in the Europe region.
The PC gaming market in Europe grew at a CAGR of 14.6% during 2017–2021. Such growth highlights the strong demand for PC gaming in the region. Many companies in the gaming industry are bringing digitization and user-friendly engagement to their gaming platforms to enhance the user’s gaming experience.
The major companies that have a strong presence in the Europe region in the PC gaming market include Microsoft, Sony, and Nintendo.
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