Increasing Initiatives of the Government Will Support the Growth of the China Online Gaming Market

China online gaming market is anticipated to grow with a significant CAGR of 15.9% during the forecast period (2020-2026). The country is the largest market for the gaming industry globally with a huge population of around 700 million gamers in the country. Well-developed internet infrastructure, high penetration of smartphones, tablets, and laptops/desktops are also supporting China online gaming industry. Domestic companies have dominance in the country led by Tencent Holdings Ltd.

Browse the full report description China Online Gaming Market Size, Share & Trends Analysis Report By Game Type (Role-Playing Games, Action & Adventure Games, Racing Games, Simulation Games, Strategy Games, Sports Games, and Other Games), By Device Type (Console, Computer, Mobile Devices, and Others), By Revenue Model (Free Gaming Services and Paid Gaming Services), Forecast Period (2020-2026) at https://www.omrglobal.com/industry-reports/china-online-gaming-market

Additionally, the popularity of e-sports is quite high in the country. For some years, the government is also supporting it to generate revenue. For instance, in February 2019, the Chinese government has officially recognized the roles of “esports professionals” and “esports operators” as official job titles in the country. 

In addition to this, esports-related majors have also been added as a course at various national colleges across the country to professionally train young gamers. Moreover, in November 2018, Hangzhou’s government opened an esports town covering 17,000 square meters made with a cost of around $280 million. The esports park was estimated to attract over 10,000 esports professionals to the city and generate $140 million in tax revenues. Additionally, the country is also planning to add esports events in the 2022 Asian Games that are scheduled to be held in China. 

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- 

o By Game Type

o By Device Type

o By Revenue Model

• Competitive Landscape- Tencent Holdings Ltd., Nintendo Co. Ltd., The9 Ltd., Ubisoft Entertainment SA

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

China Online Gaming Market Report Segment

By Game Type

• Role-Playing Game 
• Action & Adventure Games 
• Racing Games 
• Simulation Games 
• Strategy Games 
• Sports Games 
• Other Games 

By Device Type

• Console
• Computer
• Mobile Devices
• Others

By Revenue Model

• Free Gaming Services
• Paid Gaming Services