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Allied Market Research

Play Station Network Market By Product Type (PlayStation Games, PlayStation TV Shows And PlayStation Movies), Deployment Type (Online, Offline), Application (Smartphones, Tablets, High Definition Televisions And Blue – Ray Players), Organizational Size (Small And Medium Enterprise, Large Enterprise),: Global Opportunity Analysis And Industry Forecast, 2020–2027

A08886
Pages: NA
Dec 2020 | 45 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Play Station Network Market Insight

PlayStation network is a digital medium for gaming entertainment. The PlayStation market is the online network of gaming players by which they can interact and connect while playing games. PlayStation network's services are dedicated to an online marketplace (PlayStation Store), a premium subscription service for enhanced gaming and social features (PlayStation Plus), movie streaming, rentals and purchases (PlayStation Video), music streaming (PlayStation Music, powered by Spotify) and a cloud gaming service (PlayStation Now). 

Play Station Network Market Scope and Structure Analysis:

Report Matric

Details

  Market size available for the years

  2019-2027

  Base year considered

  2019

  Forecast period

  2020-2027

  Forecast unit

  Value (USD)

  Segments covered

  • Product Type
  • Deployment Type
  • Application
  • Organizational Size
  • Region

  Regions covered

  • North America (U.S. and Canada),
  • Europe (Germany, UK, France, and Rest of Europe),
  • Asia-Pacific (China, Japan, India, and Rest of Asia Pacific).
  • LAMEA (Latin America, Middle East, and Africa)

  Companies covered

 

  1. Electronic Arts
  2. Warner Bros Interactive.
  3. Curve Digital
  4. PlayStation
  5. Bethesda
  6. 2K Games
  7. Ubisoft
  8. Sony Entertainment
  9. Zen Studios
  10. CD Projekt

 

Impact of COVID-19 on Play Station Network Market

  • The global video game industry is thriving, despite the widespread economic disruption caused by the coronavirus. Video gaming offers an engaging distraction for people at home looking for social interaction. In addition to this, for the long term transformation, organizations are expecting that the pandemic will change the gaming industry all together, as the greater interest in gaming may accelerate a shift which is already underway and towards the delivery of games via mobile and cloud-based platforms. 
  • In terms of production, mobile games are relatively less affected by Covid-19 containment measures, as the development process for individual applications is simpler than for more complex platforms, and hence less prone to disruption. Going forward, increased 5G penetration will further drive uptake of game streaming services, with telecom companies. 
  • Covid-19, people in lockdown are finding gaming the best avenue to connect and socialize with family, friends and colleagues. Time spent on games has dramatically increased, more people are playing online games and more gaming companies are cashing in on the rising interest in India as well. Thus, the rise in the adoption of mobile games, online gaming and deployment of high-speed internet will surly increase the market for the PlayStation network during and after the pandemic for the several years. 

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis 

Numerous factor such as increased demand for the mobile games, rising demand for gaming consoles, enhanced technical advancement, changing people preferences, rise in the disposable incomes and convenience in the play station networks are some of the key driving factors for the growth of the market. However, high-cost requirements for the consoles and lack of gaming interest is expected to hinder the growth of the market. Furthermore, application of 3D in games, integration of augmented and virtual reality, adoption of high-definition image sensors are further expected to boost opportunities for the market.  

Rise in demand for adoption of video games: 

The PlayStation networks offers the services such as online gaming, maintaining a universal gaming profile, detailed collection of in-game accomplishments, able to send text/video messages to friends and form parties to play online games are some of the attractive features offered by the PlayStation networks, which increases the interest and attraction towards the online games. The increased usage of mobile systems has certainly help to switch over the online games, as these games provides lucrative experience in addition to the facility to play with the friends and thus this digital adoption is certainly driving the growth of the network. 

High cost associated with PlayStation network console: 

The PlayStation network requires a complete setup and particular devices to enhance the experience, which usually cost a large amount. In addition to this, additional high speed internet is also required to play these games and which will further increase the operational cost and thus due to this, it may hinder the growth of the market. 

3Dimension application in gaming: 

The application of 3dimension helps to remove controller from the gaming option, which is one of the major advantages. It is expected that the automatic modern control would be able to enhance all the current characters and overcome the present limitations in the 5th generation of gaming consoles. In addition to this, it also provides a remote-control feature to watch other games while playing on the device and it also offers various sharing tools. The game is expected to be offered at low price and available online thus making it more interesting. Thus, these availability and less pricing competition is certainly expected to boost opportunities for the market in the upcoming years. 

Key Segments covered:

Segments

Subsegments

  Product Type

  • PlayStation Games
  • PlayStation TV shows
  • PlayStation Movies

  Deployment Type

  • Online
  • Offline   

  Application

  • Smartphones
  • Tablets
  • High-definition televisions
  • Blu–Ray players  

  Organizational Size  

  • Small & Medium Enterprise
  • Large Enterprise

 

Key benefits of the report:

  • This study presents the analytical depiction of the global PlayStation network market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of PlayStation network market share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global PlayStation network market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides detailed PlayStation network market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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