PC Gaming Hits All-Time Highest Total Market of $30 Billion
Ralphy Bonn SimThe PC gaming hardware acquired its all-time highest total market, setting a new record at $30 billion in 2016, setting a new record. It's been clear that PC gaming is one of the fastest rising industry in this current generation.
Included in the $30 billion are custom-made and ore-built gaming equipment, along with all PC upgrades in terms of new cards, audio systems and accessories. According to a report from research firm Jon Peddie Research (JPR), most of the new data regarding the PC gaming market helped the numbers reach its seven-digit market hits.
The factor that affected 2015's record of $11.3 Billion was the alleged lack of significant console traction and PC gaming culture.According to the report, the Asia-Pacific region has the largest growth area of PC gaming hardware market, while North America and Europe also brought the market to its high-end hardware. As of 2016, entry-level hardware reached up to 22 percent of sales, mid-range hardware acquired 35 percent of sales, and high-end hardware extended up to 43 percent of sales.
Jon Peddie Research (JPR), a technology market research and consulting firm, claimed that the PC gaming hardware market dominates the highest mark. As reported by JPR, the PC gaming hardware market is composed of pre and DIY made gadgets, upgrades, accessories and gaming computers, including audio and input communication systems.
Following the new all-time high, JPR expects PC gaming hardware to grow at a 6 percent Compound Annual Growth Rate (CAGR) by the year 2019. Product designers have given favor to all PC gamers with thousands of options for complete customization. Between all the flight peripherals, PC parts, thin and performance laptops and other accessories, the market is flooded with thousands of choices, and PC players are buying them up.
most read
related stories
more stories from News
Stay updated on Apple's efforts to fix iPhone alarm silence bug. Read more for the latest on this critical issue!
ernest hamiltonGoogle transitions Fitbit Pay to Google Wallet worldwide, streamlining payment experiences. Stay informed on this significant development!
ernest hamiltoniOS 17.5 introduces the 'Repair State' feature, ensuring 'Find My' remains active during iPhone servicing. Stay updated on this essential update.
ernest hamiltonAmid the EU's ruling on iPadOS, Epic Games sheds light on Fortnite's release for iPad and iPhone.
ernest hamiltonGet ready for the unveiling of MediaTek's Dimensity 9300+ chipset, promising enhanced AI capabilities and a faster X4-Prime core on May 7th!
ernest hamiltonDiscover the essential details about the Rabbit R1 AI companion before making your purchase decision.
ernest hamiltonStay ahead of the curve with iOS 18's groundbreaking AI security features. Explore how Apple is revolutionizing iPhone security.
ernest hamiltonGoogle Play Store now allows simultaneous downloads for multiple Android apps, streamlining the installation process. Read more for improved app management!
ernest hamilton