Dublin, May 23, 2023 (GLOBE NEWSWIRE) -- The "Gaming Posters Market By Type, By Application, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The gaming posters market size was valued at $204.6 million in 2021 and is expected to reach $565.4 million by 2031, registering a CAGR of 10.8% from 2022 to 2031.
Key Market Players
- Displate
- PosterGully
- GB Posters
- PopArtUK
- Greenpanda
A game poster is a poster that is used to advertise and promote a game to convince potential customers to purchase it. Gaming companies frequently publish a number of posters with different sizes and contents for various domestic and foreign markets. They often have text and an image.
Posters can help develop brands. Customers are more likely to remember a business when a company's distinctive colors and logo are displayed on posters. A powerful first impression and a sense of professionalism for business can be conveyed to potential clients by using contemporary, eye-catching posters. The players in the gaming posters market include Displate, Postergully, Greenpanda, GB Posters, and PopArtuk.
The global gaming posters market is expected to witness high growth owing to reasons such as the inclination of youth towards gaming. Today, video games are becoming a popular way for young people to spend their leisure time. Many young people are selecting gaming as a career option and decorating their spaces with gaming posters, which has significantly contributed to the expansion of the gaming posters market.
The Asia-Pacific Gaming Posters market had a major share in 2021 and is projected to grow significantly during the forecast period, owing to its significant R&D capabilities and well-developed infrastructure. Leading gaming marketplaces in Asia-Pacific have established international benchmark for social gaming elements like in-game chat, friendship or mentorship networks, leaderboards, and player versus player (PvP) types. Publishers have the chance to further sculpt the creative and social experience in virtual gaming worlds for an already receptive audience with the emergence of the metaverse. Standard gaming is on the rise in the region.
However, regulatory compliances regarding gaming are projected to hamper the growth of the global gaming posters market during the forecast period. Many countries across the world ban games due to various factors, which hampers the gaming posters market. There is less interest in gaming posters, as consumers do not want to invest money in goods that they cannot use frequently.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the gaming posters market analysis from 2021 to 2031 to identify the prevailing gaming posters market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the gaming posters market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global gaming posters market trends, key players, market segments, application areas, and market growth Strategies.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 284 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value (USD) in 2021 | $204.6 million |
| Forecasted Market Value (USD) by 2031 | $565.4 million |
| Compound Annual Growth Rate | 10.7% |
| Regions Covered | Global |
Market Dynamics
Drivers
- Rise in Number of Artists to Boost Gaming Posters Demand
- Inclination of Youth Toward Gaming Favors Growth
Restraints
- Regulatory compliances regarding gaming
Opportunities
- Innovation in the Gaming Industry and Launch of New Games
Key Market Segments
By Type
- Standard
- Customized
By Application
- Commercial
- Household
By Distribution Channel
- Online
- Offline
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Singapore
- New Zealand
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- South Arabia
- UAE
- Rest of LAMEA
For more information about this report visit https://www.researchandmarkets.com/r/l72g03
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