Action games are a most in-demand game genre and loved by gamers from different age groups. The online action games market is expected to rise at CAGR of 8.94% in the coming years. The regularly growing numbers of smartphones and internet connections play a pivotal role in affecting this market positively.
Gamers of all ages find action games a much-preferred tool to pass their leisure time. Cool graphics, interesting gameplay and engaging stories are some of the crucial factors that have made this game genre popular worldwide, which helped to create the growing numbers for the market. Here we have shared some other relevant factors:
- Profession gamers came to the market, with giving an unexpected surge in internet penetration globally. We cannot ignore the increasing use of free-to-play action games and MMORPG and RPG games to augment the overall demand of online action games market.
- Many new technological developments including virtual reality (VR) and augmented reality (AR) combined with the improved software and hardware technology helped to fuel the market growth throughout the last few years.
In addition to this, the market is anticipated to grow due to the extensive use of mobile phones, gaming consoles, and tablets as well as growing internet penetration. Gamers can access to their favorite action-packed game titles through different platforms.
- The inclination of children towards gaming has given a surge in the number of gamers available worldwide. Although, parents looked not much interested initially to introduce their kids towards these websites. They began guiding their little ones to try online games after realizing their amazing benefits.
- Everyone knows that the covid-19 pandemic was the time when the gaming industry witnessed the maximum number of users in its history. Gaming companies from all across the world realized its importance and came up with many new game titles.
Even many new companies also tried their hands in this sector during that time, resulting in providing numerous gaming options with their users. Some gamers got addicted to the popular games from their favorite titles.
This addiction created mental related health issues, which resulted in making parents reluctant to find games for their kids. Some experts say that this made the expansion of market a bit slow as compared to its increasing situation during the pandemic.
- The number of gamers was increased during that covid-19 pandemic, affecting the online action games market positively. In many parts across the world, people started gaming as a preferred tool to pass their leisure time, which increased the overall internet traffic.
Industry Segments of Online Action Games
Online action-packed challenges are a type of game genre that focuses on physical challenges, including reaction time and hand-eye coordination. The best part is that it will not get you bored for a single moment due to its extensive sub-genres that include platform games, shooter games, and fighting games.
Multiplayer online battle arenas, beat-em-up, stealth, survival horror, and real-time strategy games are also some popular sub-genre of action games.
Geography, operating system (Windows, Android, iOS, and other operating systems) and revenue model (like paid gaming services, free gaming services) create a base for the online action games market.
Trends of Online Action Games Market
There are various factors that are responsible for supporting the trends in online action games market.
Increase in the Use of MMORPG Games
With the constantly improving advanced gaming technology, designers and developers realized the gamers interest in role-playing games and decided to invest a whopping sum of money to deliver more exciting and engaging action-adventure challenges.
The overall demand of MMORPG games made people more addiction to this game genre and an unexpected upsurge in per capita income.
The global upsurge in internet usage boosted the demand for Mobile MMORPG gaming. The number of smartphone and iPhone users with quick internet access also fueled both established and emerging economies encompassing those in the Asia-Pacific region, in the last few years.
Here many leading Chinese consumer electronics companies played a crucial role in increasing the number of gaming users by providing smartphones, gaming consoles, and tablets at very reasonable prices.
Final Words:
The industry segments of online action games, trends of online action games market, and an increase in the use of MMORPG games have been discussed in the above given writeup. There is more to be pointed out in these segments. But we have tried to compile the important facts to make you understand the relevancy of the topic shortly.
As discussed above, the online game market is growing with every passing day with the involvement of many leading companies. As per the total revenue obtained from the online action games market, it is expected to project a market volume of US$38.52bn by 2026.
