Research and Markets (http://www.researchandmarkets.com/research/xdkpkc/global_video_game) has announced the addition of the "Global Video Game Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Video Game market to grow at a CAGR of 7.27 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing acceptance of video games in emerging countries. The Global Video Game market has also been witnessing the increase in the development of video games based on popular characters and movies. However, the increasing piracy of video games could pose a challenge to the growth of this market.
The key vendors dominating this market space are Activation Blizzard Inc., Nintendo Co. Ltd., Electronic Art Inc., Microsoft Corp., Sony Corp.
The other vendors mentioned in the report are Konami Corp., Take-Two Interactive Software Inc.
Commenting on the report, an analyst from TechNavio's Telecom team said: ''The Online Video Game segment is one of the emerging segments in the Global Video Game market. Among online games, puzzles, board games, and card games are preferred by most of the people. More than half of the players prefer to play online games in their smartphones. Moreover, most of the players prefer to play online games with other players. Some online game providers such as Zapak.com and ActivegamZ.com are witnessing significant increase in peak concurrent users. Thus, the increasing popularity of online gaming is an emerging trend in the Global Video Game market.''
According to the report, one of the main drivers is the increasing acceptance of video games in emerging countries. In emerging countries, the adoption of video game consoles and subscription of video games are increasing due to the change in attitude of parents toward video games.
For more information visit http://www.researchandmarkets.com/research/xdkpkc/global_video_game