Gaming chipset market is anticipated to grow at a CAGR of 17.5% during the forecast period. Globally, the gaming chipset market is driven by factors such as increasing demand for high-performance gaming experiences, technological advancements like Artificial Intelligence (AI) integration, growing popularity of eSports, ongoing innovation in gaming hardware, and the expansion of high-speed internet and cloud gaming services. As per the 2022 Global Games Market Report, in 2022, 3.2 billion players in the global games market generated $196.8 billion, a growth of 2.1% year on year. By 2025, this will grow to 3.5 billion players helping the market generate $225.7 billion. These factors collectively drive an overall gaming chipset market landscape focused on performance and innovation in gaming experiences. 

Segmental Outlook 

Global gaming chipset market is segmented by device type and technology. Based on the device type, the market is further sub-segmented into smartphone, console, laptop, and desktop. Based on technology, the market is further sub-segmented into CPUs, GPUs, and memory. Among device type, smartphones contribute the highest share to the market globally. In the overall gaming industry, smartphones play a significant role, driven by the increasing popularity of mobile gaming. 

The demand for high-performance gaming chipsets is further driven by the evolution of mobile games, the need for seamless gaming experiences on portable devices, ongoing innovation in smartphone hardware, the growth of competitive mobile gaming, the impact of 5G technology enabling low-latency gaming, rapid adoption of mobile smartphone user base. For instance, in January 2024, Asus announced the ROG Phone 8 and the Phone 8 Pro gaming smartphones at the CES 2024 which has Qualcomm Snapdragon 8 Gen 3 chipset. 

Laptop and Desktop Devices Share is Growing Significantly in Global Gaming Chipset Industry

The overall contribution of laptops and desktops is growing significantly in the global gaming chipset market. The market is pushed by the ongoing development of PC gaming, primarily due to the growing demand for high-end graphics games. This has contributed to high-performance gaming desktops and laptops, leading to a continuous demand for powerful gaming chipsets. To meet this demand, technological innovations in PC hardware, especially graphics cards, and processors, are fueling the overall market growth. For instance, in October 2023, Qualcomm Inc. unveiled a laptop processor named Snapdragon X which features 12 high-performance cores capable of crunching data at 3.8 Mhz. This product launch is part of the company’s strategy to strengthen its position in the growing competitive computer processors market. 

Additionally, the popularity of eSports and competitive PC gaming adds to the demand for advanced gaming chipsets that can handle the needs of modern games. PC gamers' continuous demand for better graphics, faster processing speeds, and overall improved gaming performance also contributes to the market's growth in the forecast period.

Regional Outlook

Global gaming chipset market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among regions, the demand for gaming chipsets is growing significantly in North America primarily due to the significant presence of the gaming industry and major market players in the region such as NVIDIA Corp., Qualcomm, and Intel Corp. among others. Additionally, as per the data from International Trade Administration (ITA), mobile gaming revenue has grown to $77.2 billion in 2020, a 13.3% increase. With continuously evolving gaming and semiconductor industry, the gaming chipset market industry in the region is further expected to in forecasting period.

Global Gaming Chipset Market Growth, by Region 2024-2031

The Asia-Pacific Gaming Chipset Market is Expected to Grow Significantly Over the Forecast Period

The Asia-Pacific gaming chipset market is witnessing robust growth due to various pivotal factors. One of the key factors is growing consumer spending on entertainment, including gaming primarily driven by increasing disposable income. Additionally, growth of esports and mobile gaming, improved internet infrastructure in major markets such as India, China, South Korea has further contributed to the need for high-performance chipsets. According to the data from Invest India, India has around 600 thousand e-sports players and 100 thousand e-sports teams. The market is further expected to grow at CAGR of 20.0% from 2022 to 2025. Also, the presence of major chipmakers such as Taiwan Semiconductor Manufacturing Company (TSMC), Samsung Electronics is further contributing to the overall market growth. Overall, a combination of economic factors, demographic trends, and a growing gaming industry is fueling the escalating demand for gaming chipsets in the region.

Market Players Outlook

The major companies serving the global gaming chipset market includes Texas Instruments Incorporated, Renesas Electronics Corp., Marvell Technology Group Ltd., and NXP Semiconductors N.V. among others. Market players are increasingly strengthening their positions by adopting various strategies such as merger and acquisition, collaboration, technological advancement to stay competitive. For instance, in October 2023, Advanced Micro Devices (AMD) acquired open-source AI software startup Nod.AI for an undisclosed sum. According to the company, this development is part of strengthening its market position by leveraging AI in existing products to gain competitive advantage. 

The Report Covers

• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global gaming chipset market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.