The global gaming market was valued at USD 151.55 billion in 2019 and is expected to reach a value of USD 256.97 billion by 2025, registering a CAGR of 9.17% over the forecast period (2020 – 2025). The board game community has a strong community presence as well, and perhaps stronger than most industries. Video games are a multi-billion dollar industry in the United States. Just about everyone that has played video games as a kid dreamed of one day making their own games. In order to work in the industry, workers must have advanced training in skills like computer graphics, animation, software design, or programming just to name a few. The U.K. game industry contributed $3.9 billion in GVA to the U.K. economy in 2016. Combined with the increased prevalence of tabletop game companion apps, it would appear that the video game and board game … This is not a post about what you need to do, think, or spend to make a game, nor is it a post about board games themselves. Opinions expressed by Forbes Contributors are their own. The "Board Games Market in Europe - Industry Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering. Now I am putting that experience to work by creating info-graphics for subjects that I consider fun and exciting. The global board games market size is expected to reach values of over $12 billion by 2023, growing at a CAGR of more than 9% by 2017-2023. The "Global Board Games Market - Strategic Assessment and Forecast 2017-2022" report has been added to Research and Markets' offering. The good news is that the industry is continuing to grow and as it does more and more jobs will be available. The technological development leads to high-quality products that are better in term of ease of usage, skillsets, and designs in the global market. The global market size along with drivers and restraints are covered in the board games market report There hasn’t been a better time to be a tabletop gamer in the UK. It’s time to talk about your potential customers, the eight powerful groups in the board game industry… The global playing cards and board games market size was valued at USD 11.95 billion in 2018 and is expected to expand at a CAGR of 8.7% over the forecast period. The 2014 Global Games Market Report by Newzoo shows the international games market will rocket past the $100 Billion mark in the next three years to reach $102.9 Billion by 2017. But with salaries averaging over $90,000 you can bet that competition will be fierce. Sales of hobby games in the U.S. and Canada topped $1.5 billion for the first time in 2017, reaching $1.55 billion, according to a new estimate compiled by ICv2 and reported in Internal Correspondence #94. Last August, the trade analysis magazine ICv2 estimated that the “hobby games” business in 2015 – that is, board and card games produced and sold for a dedicated “gamer” market, rather than toys – was worth $1.2bn in the US and Canada alone. The global board games market is driven by low-end priced games offered by local vendors that add revenue to the market owing to their lower prices. Board game cafes are cropping up where people can grab lattes, snacks, wine, … © 2020 Forbes Media LLC. Board games are increasingly popular not only among teenagers but also adults. The "Board Games Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering. Having experience as a freelancer and making your own independent games helps but you will still be up against and incredibly competitive field. While the market remains minuscule compared to the $23.5 billion video game industry, sales of “hobby games” are up approximately 20% in 2015, according to one estimate. This report provides a detailed analysis of the market by product (tabletop, card and dice, and role-playing), distribution channel (offline and online), geography … It also profiles and analyzes the leading companies and various other prominent companies operating in the global board games market. By 1981, the arcade video game industry … Feel free to add a game that follows the trend that you have noticed and you want to discuss and write your thoughts about !!! Board Games Market is anticipated to reach USD XX.X BN by 2026 with a CAGR of 20%, this market report provides the growth, share & trends of the market based on in-depth research by industry experts. Hobby board games, now firmly established as the second largest hobby game category, grew 56%, from $160 million in 2014 to $250 million … All Rights Reserved. The study covers both the demand and supply sides of the market. These companies are able to compete in a world market by utilizing continuous innovation and highly skilled/educated workers. Your Tags: Add tags. The global board games market size is expected to reach values of over $12 billion by 2023, growing at a CAGR of more than 9% by 2017-2023. A 1991 estimate for the global board game market was over $1.2 billion. There are thousands of companies developing and publishing games in all 50 states. It is a highly competitive market. Crowd-sourcing for board games is a large facet of the market, with $176 million raised on Kickstarter in 2019 alone. The study considers the present scenario of the global board games market and its market dynamics for the period 20182023. 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