According to Straits Research, the global gaming market size is valued at USD 221.24 billion in 2024 and is projected to reach USD 389.95 billion by 2033, expanding at a CAGR of 6.5% from 2025 to 2033. The market’s growth is fueled by increasing smartphone penetration, rising internet accessibility, technological advancements such as cloud gaming and virtual reality, and the growing popularity of esports and live-streaming platforms.
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