Connected Game Console Market Revenue to Attain USD 50.1 Bn by 2033

24 Sep 2025

Share :

Table of Content

1. Connected Game Console Market Revenue and Trends 2025 to 2033 2. Connected Game Console Market: Key Drivers & Emerging Opportunities 3. Segment Insights 4. Regional Insights 5. Connected Game Console Market Coverage 6. Connected Game Console Market Key Players

Connected Game Console Market Revenue and Trends 2025 to 2033

The global connected game console market revenue reached USD 30.14 billion in 2025 and is predicted to attain around USD 50.1 billion by 2033 with a CAGR of 6.56%. The market growth is driven by rising demand for wireless technologies, improved graphics and higher resolutions, the proliferation of online and cloud gaming, and the increasing popularity of augmented reality and virtual reality experiences. 

Connected Game Console Market: Key Drivers & Emerging Opportunities

The connected game console market refers to the industry involved in the development, manufacturing, and sale of gaming consoles with built-in internet connectivity. These consoles enable online multiplayer gaming, digital downloads, and access to streaming services. Technological advancements in graphics, processing speeds, and VR/AR capabilities are significantly driving the connected game console market. The expansion of multiplayer and online gaming, alongside the rise of cross-platform play, fosters social interaction and competitive demand. Consoles are evolving into convergent entertainment systems, integrating gaming with streaming services, web browsing, and social media. Cloud gaming services enhance accessibility by reducing hardware dependence and enabling subscription models, further boosting demand and improving the gaming experience.

Segment Insights

• By component, the hardware (consoles & controllers) segment led the market as these console units provide a complete, integrated gaming ecosystem with high-performance hardware, exclusive software, and user-friendly interfaces at a competitive price.
• By console type, the home consoles segment dominated the market due to their superior processing power and graphics, offering immersive experiences, and their ability to serve as multi-functional home entertainment hubs for gaming.
• By connectivity, the wireless (Wi-Fi) segment represented the market dominance due to the user demand for convenience, the rise of online and multiplayer gaming, and the growth of digital downloads and streaming services.
• By storage type, the digital/cloud-based segment dominated the market due to the growing trend of game-as-a-service (GaaS) models, offering users on-demand access to content without large downloads.
• By end-use application, the online multiplayer segment dominated the market due to increased internet speeds, advancements in cloud gaming, a growing demand for social, interactive experiences, and the rise of esports. 
• By distribution channel, the offline retail and gaming store segment dominated the connected game console market by offering tangible products, personalized customer service, in-store experiences, and immediate access to consoles and games. 
• By end-user demographics, young adults (18-35) accounted for the market dominance due to their digital fluency, higher disposable income, and established preference for online and social gaming experiences.

Regional Insights

North America dominated the connected game console market due to its advanced high-speed internet infrastructure, high consumer spending, robust demand for new technologies, and a significant focus on competitive gaming and cloud services. Companies in North America are actively developing and launching advanced gaming consoles to meet this demand, offering a range of both gaming and non-gaming applications with high-speed connectivity.

Asia-Pacific is anticipated fastest growth during the forecast period. This is due to increased internet access, rising smartphone penetration, the expansion of 5G networks, a large and young population, and strong cultural integration of gaming and esports. Major markets like China, South Korea, and Japan are leading this growth. Innovations in cloud and cross-platform gaming reduce the need for expensive hardware, making high-end gaming more accessible.

Connected Game Console Market Coverage

Connected Game Console Market Key Players

• Microsoft Corporation
• Sony Group Corporation
• Nintendo Co., Ltd.
• Valve Corporation
• Nvidia Corporation
• Google LLC
• Apple Inc.
• Amazon.com, Inc.
• Sega Corporation
• Atari SA
• Logitech International S.A
• Razer Inc.
• Meta Platforms, Inc. 
• HTC Corporation
• Tencent Holdings Ltd.
• NetEase, Inc.
• Ubisoft Entertainment SA
• Electronic Arts Inc.
• Square Enix Holdings Co., Ltd.
• Bandai Namco Entertainment Inc

Recent Development

• In June 2025, Nintendo launched the Switch 2, its next-generation game console, and the spiritual successor to the popular Switch. As Nintendo remained tight-lipped about the console, with expectations high this time because Nintendo is following up on a highly successful generation, the company became much more diversified and is well-known among a newer consumer base through movies, theme parks, and merchandise. (Source: https://indianexpress.com)

Get this report to explore global market size, share, CAGR, and trends, featuring detailed segmental analysis and an insightful competitive landscape overview @ https://www.precedenceresearch.com/sample/6850

You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com |+1 804 441 9344