Enhancement in Technology and New Product Launch by Major Key Players Boosting the Market Growth

Published: Mar 2024

The global handheld game console market is anticipated to grow at a considerable CAGR of 4.2% during the forecast period (2023-2031). Technology advancement is the primary trend driving market expansion. Over the years, portable gaming consoles have witnessed significant technological advancements, enhancing the overall gaming experience. Improved graphics, faster processors, and better sound quality have made these devices capable of delivering experiences on a smaller scale.  The Nintendo Switch is a game-changer in the gaming tech. It's not just due to the console but it's also portable. Adjusting to the technological advances in the games on the market necessitates buying new hardware to keep pace with the technologically advanced offerings that game developers are creating. Consequently, the video game technology industry is now going through a revolutionary transformation. For instance, in August 2023, Sony is officially announced its handheld remote player the playstation portal. The portable device will stream PS5 games over Wi-Fi and features an eight-inch LCD screen running at 1080p resolution at 60fps. They support adaptive triggers and haptic feedback.  Furthermore, new levels of engagement are made possible by motion tracking and gesture recognition technologies, which let users control games using their gestures and body language.  A more tactile and realistic gaming experience is made possible by technologies such as haptic feedback, which allows players to feel the effects of in-game activities through vibrations.   

Browse the full report description of “Handheld Game Console Market Size, Share & Trends Analysis Report by Product (PlayStation, Xbox, Razer Switchblade, Nintendo Switch, and Others (Steam Deck, ROG Ally), by Platform (iOS, Android, Windows, and Linux), and by End-Users (Adults and Children), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/handheld-game-console-market

In July 2021, Valve Corporation made waves in the gaming industry by announcing the Steam Deck, an innovative handheld gaming device aimed at bringing the full power of PC gaming to a portable platform. Driven by a custom AMD APU, the Steam Deck boasts impressive performance capabilities, enabling it to run a wide range of PC games efficiently.

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Product

o By Platform

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Nvidia Corp, Microsoft Corp, Atari, Inc., Sony Corp, Nintendo and others. 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Handheld Game Console Market Report Segment

By Product

  • PlayStation 
  • Xbox
  • Razer Switchblade
  • Nintendo Switch 
  • Others (Steam Deck, ROG Ally)

By Platform

  • iOS
  • Android
  • Windows
  • Linux

By End-User

  • Adults
  • Children

Global Handheld Game 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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