- Opportunity Analysis and Industry Forecast, 2016 - 2025
3D gaming console devices have gained prominence in the recent years, owing to continuous technological innovation in the gaming sector. These device have capabilities to support stereoscopic gameplay on integrated or peripheral displays, which enhances the overall gaming experience. In addition, it is possible to create optimal perception of surface materials by generating illusion of depth. Young gamers crave for real-time gaming experience and realistic visual effects. Furthermore, innovative features, including motion sensors, multi-screen displays, and connectivity provide enhanced and interactive experience, thereby boosting the 3D gaming console market.
Growth in demand for enhanced gaming experience, rise in average spending by gamers, and continuous technological innovation fuel the market growth. Emergence of advanced 3D smartphones and rise in incidence of eye disorders could hamper the market growth. Surge in R&D activities and increase in consumer preference for virtual reality games present new opportunities to market players.
The global 3D gaming console market is segmented based on end user, component, technology, and geography. Based on the end user, the market is segmented into hospital, gaming, and mobile. The component segment is broadly classified into hardware and software. Based on technology used, the market is classified into auto stereoscopy, polarized shutter, and active shutter. The market is analyzed based on four regions, namely Asia-Pacific, North America, Europe, and LAMEA.
The key players operating in the market are Nintendo Co. Ltd., Microsoft Corporation, Oculus VR, Kaneva LLC, Linden Lab Inc., Electronic Arts Inc., Avatar Reality, Sony Corporation, Apple, Inc., and Activision Publishing Inc. These market players have adopted various strategies such as new products launch, expansion, collaboration, joint ventures, partnerships, mergers & acquisitions, and other strategies to consolidate their market position and gain competitive edge in the market.
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