Moreover, Esports has gained further traction after the pandemic as there was an increase of 14% in the first-time download of Twitch, a live streaming platform for gamers after the epidemic. According to the March 2020 survey, video gamers in the United States reported that they spent 45% more time playing video games amid the quarantine than in the previous week. With the Outbreak of COVID-19, home entertainment played a significant role for the gamers during the lockdown. For instance, 'The Forge Arena' made by Phoenix Rising Studio's is a Canadian startup looking to become a new player in eSports. Also, the region is witnessing considerable activity from startups that are further propelling the market growth. These factors are driving the digital gaming market in the region.Īdopting Gaming Platforms, such as E-sports, drives the market as North America is the world's leading region. Moreover, with the advent of cloud gaming and rising internet penetration in the region, which is 94.6% as of May 2020, according to the International Telecommunication Union, which further increases the average time spent across digital media by an adult. For instance, major gaming console manufacturers like Nintendo and Microsoft have realized the AR's potentiality and are leading the charge. AR can free gamers from 'their world' and usher them into the real world to play. The gaming industry in the region is continuously evolving in line with the latest technologies such as augmented reality, virtual reality, to capture the attention and imagination of gamers across the globe. Moreover, free to play and mobile games are boosting the market growth in the region. The rise in the people of the region's affordability and the strong economic backbone coupled with the latest technologies drive the growth of the market. The North America gaming market was valued at USD 42.83 billion in 2020, and it is expected to reach USD 83.73 billion by 2026, registering a CAGR of 11.8% during the forecast period (2021-2026). DUBLIN-( BUSINESS WIRE)-The "North America Gaming Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to 's offering.
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