Sport Games Market Size, Share, Growth, And Industry Analysis by Type (Client Type, Web game Type) by Application (PC, Mobile, Tablet & Others) Regional Forecast From 2024 to 2031

Updated On: 15 April 2024

Sport Games Market Report Overview

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The global sport games market size expanded rapidly in 2021 and the market is expected to generate substantial revenue by 2031, a robust CAGR during the forecast period.

The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

The sports games market is a lucrative and competitive industry, with millions of players and fans worldwide. Sports games allow players to experience the excitement and competition of their favorite sports without leaving their homes, making them a popular choice for gamers of all ages and skill levels. The market for sports games is diverse, with a variety of genres and platforms available. Traditional sports games, such as football, basketball, baseball, and hockey, remain the most popular, but newer games like e-sports, extreme sports, and fitness games are gaining popularity. Some of the most successful sports games in recent years include FIFA, NBA 2K, Madden NFL, MLB The Show, and NHL. These games offer realistic graphics, in-depth gameplay, and exciting features such as online multiplayer modes and team management systems.

Console gaming is still the dominant platform for sports games, with the PlayStation, Xbox, and Nintendo Switch consoles leading the way. Mobile gaming is also on the rise, with many sports games being developed specifically for smartphones and tablets. Online multiplayer games, which allow players to compete against each other in real-time, are also becoming increasingly popular. The sports games market is highly competitive, with developers constantly pushing the boundaries of what is possible. The industry is driven by innovation, with new features, modes, and gameplay mechanics being added to games on a regular basis. The competition between developers drives innovation and helps to keep the market fresh and exciting for players.

The sports games market size is also expanding into new areas, such as virtual reality and augmented reality. These technologies allow players to experience sports games in a more immersive way, providing a more realistic and engaging experience.

COVID-19 Impact: Pandemic Had A Huge Influence On The Market For Sports Games With Customer Behaviour Shifting, Key Athletic Events Being Postponed Or Cancelled

The impact of COVID-19 on the sports games market has been felt in several ways. Firstly, the closure of physical retail stores and the shift to online shopping has affected the sales of physical copies of sports games. The closure of retail stores has also affected the sales of gaming consoles, which are often sold in physical stores. Additionally, many people have experienced financial difficulties due to the pandemic, leading to a decrease in discretionary spending, including on sports games. In response to the COVID-19 pandemic, many sports games developers and publishers have adapted by focusing on online gaming and releasing new features to enhance the multiplayer experience. Additionally, many sports games have integrated real-world events, such as virtual leagues and tournaments, to engage players and maintain interest in the absence of physical events. 

Latest Trends

"A Significant Trend That Is Anticipated To Persist In The Future Is The Use Of Virtual Reality Technology In Sports Video Games"

In recent years, the sports games market has seen a significant trend towards the adoption of virtual reality technology. Virtual reality, or VR, is a technology that allows users to experience a computer-generated environment as if they were actually there. This technology has been around for decades, but it is only in recent years that it has become more accessible and affordable for the general public. The adaptation of virtual reality technology in sports games has several benefits. Firstly, it allows users to experience a more immersive and realistic gameplay experience. With VR technology, players can feel as though they are actually on the field, court, or track, competing in real-time against opponents. This heightened level of immersion can increase the overall enjoyment of the game and create a more engaging experience for players. 

Secondly, virtual reality technology can also be used as a training tool for athletes. Many sports games have incorporated VR training simulations that can help athletes improve their skills and techniques in a safe and controlled environment. For example, basketball players can practice shooting or passing without the risk of injury, while football players can practice running plays and reading defenses. Finally, the adaptation of virtual reality technology in sports games can also open up new revenue streams for game developers. Virtual reality sports games can be sold at a premium price, and the technology can also be used to create additional revenue streams through virtual in-game purchases or sponsorships.

Sport Games Market Segmentation

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• By type

Depending on sport games given are types: Client Type, Webgame Type. The Client Type will capture the maximum market share through 2031.

• By Application

The market is divided in PC, Mobile, Tablet & Others based on application. The global sport games market  players in cover segment like PC will dominate the market share during 2022-2031.

Driving Factors

"The Market For Sports Games Is Expanding As A Result Of The Great Popularity Rise Of Esports, Or Competitive Video Gaming"

One of the key drivers of esports' popularity is the growing interest in watching and participating in gaming as a form of entertainment. In many countries, esports has become a spectator sport in its own right, with millions of people tuning in to watch esports events online or in person. The rise of esports has also been fueled by advances in technology, which have allowed game developers to create more realistic and immersive gaming experiences. High-quality graphics, realistic physics engines, and motion-capture technology have made sports games more engaging and fun to play, while also making them more appealing to spectators. In addition, the increasing accessibility of esports has made it easier for players and fans to get involved in the industry. With the rise of online gaming platforms and streaming services, gamers can now compete and connect with other players from all around the world. This has helped to create a strong and engaged community around esports, which is driving sport games market growth.

"The Market Growth For Sports Games Is Significantly Fueled By The Rising Use Of Microtransactions"

Microtransactions have become a popular way for game developers to monetize their products, and the sports games market is no exception. Microtransactions are small, in-game purchases that players can make to enhance their gaming experience, such as buying player upgrades, new teams, and customizations. One of the reasons why microtransactions are so effective is that they are often tied to the game's progression. Players who invest in microtransactions can advance more quickly than those who don't, which can create a sense of competition and drive more sales. Another factor driving the use of microtransactions in sports games is the increasing popularity of online multiplayer modes. In these modes, players compete against each other, and the use of microtransactions can help level the playing field by allowing players to upgrade their characters or teams. This creates a more engaging and competitive experience for players, which can drive increased revenue for developers. The increasing use of microtransactions is a significant driver of the sports games market growth. As long as developers continue to provide new and exciting in-game purchases that enhance the player experience, the market for sports games is likely to continue growing.

Restraining Factors

"Health And Addiction Issues For Sport Games Might Limit Market Expansion"

Gamers may develop psychological issues connected to gambling addiction and racial behavioral disorders, as well as metabolic abnormalities brought on by light-emitting diode computer monitors. Players of electronic sports are more likely than the general population to get musculoskeletal injuries to the back, neck, and upper limbs, according to a new study by Zwiebel et al. on the health impacts of these athletes. Furthermore, spending too much time in front of a computer might lead to metabolic issues. The majority of these problems are caused by the players' sedentary lifestyles and plenty of pastureland. The competition for electronic sports college scholarships is also a cancer since young people can continue to defend their participation in these activities even when the odds of them becoming stars are incredibly slim. Hence, it is anticipated that the aforementioned reasons would hinder sport games market growth.

Sport Games Market Regional Insights

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"North America, Led By The United States, Captured A Large Portion Of Global Income "

For many years, the area has consistently controlled the market. Due to the Overwatch League and the franchised North American League of Legends Championship Series, growth and investment are anticipated to continue (NA LCS). Sport games market share in the United States have developed into a multi-million dollar industry thanks to the support of leagues, players, game developers, streaming services, and TV networks. Through organizing competitions for kids, assisting high schools in establishing sport games clubs, and providing mentorship and coaching, the North America Scholastic sport games Federation (NASEF) is aiming to build the ecosystem. Tallo joined with the North America Scholastic sport games Association in May 2021. The alliance has established the greatest online network of companies, young sport games talent, and academic institutions. 

Over the predicted period, the market is expected to be dominated by the Asia Pacific. The expansion of sport games in the area has been spurred by the rising number of internet users and mobile gamers. In 2003, China declared sport games to be an official sport; since then, the market has offered the nation's sport games operators professional jobs. A well-known nation for sport games, South Korea offers gamers a standard infrastructure that includes trainers, gaming facilities, analysts, and cooks. For instance, the Korean Sport games Association (KeSPA) and SK Telecom agreed to a three-year sponsorship agreement in April 2022. As a result of the arrangement, SK Telecom is now the KeSPA's official sponsor and will coach the Korean sport games squad for forthcoming Asian tournaments. During the anticipated term, several market-related efforts and innovations are anticipated to fuel additional growth of sport games market share.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• EA Vancouver (Canada)
• Out of the Park Developments (U.S)
• Yuke's (Japan)
• Visual Concepts (U.S)
• Roll7 (U.K)
• Konami (Japan)
• PES Productions (Japan)
• SIE San Diego Studio (U.S)
• Data East (Japan)
• DotEmu (France)
• EA Tiburon (U.S)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.