The “Global 3D Gaming Console Industry report categories the global Industry by Type, Components and Geography” report provides a detailed overview of the major factors impacting the global Industry with the Industry share analysis and revenues of various sub segments.
The gaming console Industry has recently seen many uncertainty due to introduction of tablets and PC gaming features, whereas the hardcore console players will be intact in the market, and will retain the business evolving year on year. The companies such as Sony and Microsoft have kept the gamers interested in gaming consoles with continuous updates on games as well as systems. Introduction of 3D in gaming has been sensational and adds more reality into gaming, while gamers being surprised with other technologies complementing 3D such as Virtual and Augmented Reality will keep the Industry growing faster in coming years.
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The overall gaming industry is fragmented into game developers, console manufacturers, sales and distributors. Game developers hold average share in the market, as designing and coding games in of the most creative job and cost of developing a game would cost more than US $10 million. Publishers play role of marketing the games as well as funding the developers. The sales and distributors are the key segments in gaming industry who ought to make much in the value chain. While considering the cost involved, publishers and marketing segment makes up the highest component, followed by development, sales, distribution and licensing costs. The cost of development is divided among hiring the developers, designers, and cost of devices used for testing.
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Asia-Pacific is one of the leading regions in gaming Industry followed by North America and Europe, Middle East and Africa. In APAC, China holds the major share of gaming Industry and accounts almost equal to the overall North America gaming market. The growing trends of technologies such as 3D imaging, virtual and augmented reality Industry will uplift Global 3D Gaming Console Industry in APAC in coming years and countries such as China, South Korea, India, and Japan are expected to make the best of these opportunities.
Sony Corporation realized that providing high-end products and solutions at high pricing was not justifiable in comparison to its Xbox 360, which was not highly updated with the current trends in the technology. While Xbox was competing with PS3 with more added hardware specification, but PS3 observed to portray excellent performance with reduced price. It was observed that the overall Global 3D Gaming Console Industry is price sensitive and hence companies offering economical products will gain good traction in near future.
Segmentations Covered in the 3D Gaming Console Market
• Platform : Microsoft Xbox, Sony PlayStation, Nintendo Wii
• Technology : Virtual and Augmented Reality, Polarized Shutter, Auto Stereoscopy, Xbox illumiroon, Leap Motion Technology
• Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
Some of the leading players in 3D Gaming Console Market Report
• Sony Corporation
• Microsoft Corporation
• Nintendo Co. Limited
• Logitech
• Apple, Inc.
• Oculus VR
• Electronic Arts
• Activision Publishing
• Avatar reality
• Kaneva
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Reason to buy
• Highlights widely used product offerings thereby allowing organizations to gain revenues by focusing majorly on select products
• The key findings and recommendations highlight crucial progressive industry trends in the 3D Gaming Console market, thereby allowing players across the value chain to develop effective long term strategies
• Get reliable information about the strategies manufacturers in this Industry use to drive revenue
• Gain insights into the competitive landscape, to strengthen Industry competitiveness and positioning
• Highlights key business priorities in order to assist companies to realign their business strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global Industry trends and outlook coupled with the factors driving the market, as well as the those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
• Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and degree of competition
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