The global gaming console market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period (2024-2031). Cutting-edge features like virtual and augmented reality in next-generation consoles offer unparalleled immersion, captivating gamers who crave the most realistic experiences. This growth is further fueled by a diversifying gaming audience, with the entry of casual gamers who appreciate the user-friendly nature of consoles compared to high-powered PCs. The booming esports scene, with its global reach and passionate participants, further strengthens the popularity of console gaming. Additionally, the near-universal availability of high-speed internet allows for seamless online play, a fundamental aspect of modern gaming. To meet the growing demand key players are launching new consoles. For instance, in January 2024, One-Netbook introduced the OneXPlayer X1 handheld gaming console in China, distinguished by its expansive screen and utilization of the latest Intel Core Ultra processors. The global configurations and pricing for forthcoming variants have been revealed. The OneXPlayer X1 boasts a 10.95-inch display with 2.5K resolution, 120Hz refresh rate, and detachable controllers akin to the Nintendo Switch. Powered by Intel Core Ultra mobile processors, it offers multiple memory and storage options, along with advanced cooling mechanisms. Connectivity features include various ports and interfaces, while a sizable 16890mAh battery ensures prolonged usage, complemented by swift recharging capabilities with a 100W gallium nitride charger.
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Further, in November 2023, Anbernic launched the RG35XX Plus, an enhanced iteration of its acclaimed RG35XX handheld gaming console. While retaining its 3.5-inch screen, the device introduces a dual-boot feature, facilitating seamless transitions between Anbernic OS and Black Seraph's Garlic OS, with the option of Android available for separate installation. Expanded compatibility enables gameplay from PSP, Nintendo DS, and Dreamcast platforms. Improvements include the potential for a 4500mAh removable battery, redesigned shoulder buttons for enhanced ergonomics, HDMI output for TV connectivity, and Bluetooth controller support. Pre-sale begins November 25, 2023, offering white, grey, and transparent black colour variants at competitive prices.
Furthermore, in March 2023, Abxylute launched its inaugural gaming console following a preview two months ago. The Abxylute Handheld, built on Android, supports game streaming services like NVIDIA GeForce Now, Xbox Cloud Gaming, and Steam Link. Featuring a 7-inch IPS display with 1080p resolution, a 16:9 aspect ratio, and a 60Hz refresh rate, it boasts hall effect joysticks and triggers, alongside a 19Wh (5,200mAh) battery lasting up to 8 hours. Weighing 430g, it operates on the MediaTek MT8365 chipset, ensuring smooth gameplay for Dreamcast and N64 titles. Currently available on Kickstarter, prices start at $189. All units include a screen protector and case.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031.
• Segment Covered-
o ByProduct
o ByStorage
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes ASUSTEK Computer Inc., Logitech International SA, Microsoft Corp,Micro-Star INT'L CO., LTD. (MSI), Nintendo Co., Ltd., and Sony Interactive Entertainment Inc.among others.
Key questions addressed by the report
Global Gaming Console Market Report Segment
By Type
By Application
Global Gaming Console Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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