Online Multiplayer Shooting Game Market Size, Share, Growth, and Industry Analysis, By Type (Client Game and Mobile Game), By Application (Under 18 Years Old, 18-35 Years Old, & Above 35 Years Old), And Regional Insights and Forecast to 2032

Updated On: 10 June 2024

ONLINE MULTIPLAYER SHOOTING GAME MARKET REPORT OVERVIEW

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The global online multiplayer shooting game market size expanded rapidly in 2022 and will grow substantially by 2028, exhibiting a prodigious CAGR during the forecast period. 

Online multiplayer shooting games are a genre of video games where players are mostly involved in tactical combat with the help of firearms or range weapons. Such games usually contain an intensified harsh pace of action and you are to be accurate, rapid, and sharp to make killings and/or to destroy the targets. The popularity of smartphones and the Internet as the key drivers that determine the rapid development of the segment of online action games. Adolescents all over the world on top of that also tend to regard gaming as the fundamental source of their entertainment. The market is triggered by several factors such as the escalation of professional gamers in the gaming industry and the existence of different payment portals in the online gaming arena.

COVID-19 Impact: Market Growth Accelerated by Pandemic Due to Online Entertainment Facility

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

The substantial effects of the COVID-19 pandemic have been observed in the market worldwide. In the initial phases, the demand for these services increased significantly.  Online gaming provides an entertainment platform. This led to a surge in multiplayer shooting games. The pandemic forced people to stay at home which increased the spending on digital products. It had a direct impact on the market. 

LATEST TRENDS

"Free-to-play gaming model to propel market growth"

Free-to-play (F2P) games allow users for a free-of-charge experience that the gaming world provides through socializing and playing without spending money. Only a small fraction of global gamers invest in games. The F2P model offers many possibilities to gaming companies because gamers acquire games either without paying at all or at a very low cost, even if these games were not their choices before playing.

ONLINE MULTIPLAYER SHOOTING GAME MARKET SEGMENTATION

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By Type

Based on the type, the market can be categorized into client games and mobile games.

• Client Game: Client games are installed on PCs. They require powerful hardware and provide enhanced graphics fidelity.

• Mobile Game: Mobile shooting games offer touch-friendly controls. Consumers can play games with in-app purchases. 

By Application

Based on the application, the market can be categorized into the under 18 years old, 18-35 years old, & above 35 years old.

• Under 18 Years Old: The under 18 years old age group caters to the young generations and has less violent content. Consumers in this age group require parental supervision.

• 18-35 Years Old: The 18-35 years old age group holds the dominating share in the online shooting game market. It offers an exceptional gaming experience.

• Above 35 Years Old: Above 35 years age group prefers slow-paced games.

DRIVING FACTORS

"Technological advancements to expand the market"

One of the key factors in the online multiplayer shooting game market growth is technological advancements. In the digital world, the adoption of technologies, including virtual reality (VR), as well as further developments and running the innovations of hardware and software to improve real-time rendering used graphics are pushing market growth. The use of smartphones and the internet rate has risen, thus games are released through various platforms and devices. The currently increasing popularity of professional gaming substantially increases the demand within this industry.

"Growing popularity of online gaming boosts the demand"

Online game represents the unique feature of the online multiplayer shooter market. Such games give a unique mix of socializing and competing. Gamers can either form teams with friends or conduct the competitions online with friends. This creates a real challenge and ultimately an exciting gameplay experience that will keep users engaged to their screens. Online shooters that span across various platforms and that have different prices that start from zero make them alluring to a diverse audience which, in turn, bring about market expansion.

RESTRAINING FACTOR

"Limited Creativity to Impede Market Growth "

Limited creativity is a major restraining factor that impedes growth. Consumers tend to lose interest by watching the same content over and over again. There is a loss of interest in hardcore gamers due to limited changes in gaming content. Overcoming these challenges is very important to ensure seamless growth of the market.

ONLINE MULTIPLAYER SHOOTING GAME MARKET REGIONAL INSIGHTS

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"Asia Pacific to Dominate the Market Due to Growing Demand for Online Games"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

Asia Pacific has emerged as the most dominant region in the online multiplayer shooting game market share, due to a growing demand for online games. The nation offers various resources which broadens the scope for expansion. Technological innovation lies at the core of this dominance, with the region as a pioneering force in developing and adopting advanced innovations. The presence of key players in this region also acts as a surplus for growth. As a result, Asia Pacific stands out as a key player, setting the standard for efficient, technologically advanced, and environmentally conscious knives on the global stage.

KEY INDUSTRY PLAYERS

"Key Players Provide Diverse Portfolio for Innovations"

Major industry players are pivotal in shaping tourism packages by providing a diverse portfolio. The key players are working to provide a more personalized experience to honeymoon tourists where they can enjoy their stay. These players have global reach and thus can cater to different market needs. The seamless blend of groundbreaking innovation and global footprints makes them the market leaders.

List of Market Players Profiled

• PUBG Corporation (South Korea)
• Xbox Game Studios (U.S)
• Crowbar Collective (U.S)
• Nintendo (Japan)
• Tencent (China)
• Valve Corporation (U.S)

INDUSTRIAL DEVELOPMENT

July 2022: Sony Corporation invested USD 3.6 billion to acquire Bungie. It was done to compete with its competitors. This will provide a broader base to both the companies in longer run. 

REPORT COVERAGE

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global online multiplayer shooting game market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis considers recent trends and historical turning points, providing a holistic understanding of the market’s competitors and identifying capable areas for growth. 

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies, and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.