The revenue in the 'Gaming Networks' segment of the digital media market in Singapore was forecast to continuously increase between 2024 and 2027 by in total 2.8 million U.S. dollars (+24.39 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 14.29 million U.S. dollars and therefore a new peak in 2027. Notably, the revenue of the 'Gaming Networks' segment of the digital media market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Gaming Networks refer to paid subscription services for getting access to premium online services such as Xbox Live Gold, PlayStation Plus, or Nintendo Switch Online.
Subscribers benefit from additional features like online multiplayer gaming, storing savegames in the cloud, chat functionalities, or recording and sharing gaming sessions. In addition to that, some services offer a monthly changing collection of free games, exclusive and early access to upcoming games, and other special offers.
Some services also offer further fee-based subscriptions (so-called game passes) that allow subscribers to access a constant and continuously growing library of playable games (e.g., Xbox Game Pass).
While Gaming Networks usually can only be accessed on gaming consoles, some services like Xbox Live Gold can also be used on desktop computers.
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Statista. (January 3, 2024). Revenue of the gaming networks industry in Singapore 2017-2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1365329/singapore-gaming-networks-revenue
Statista. "Revenue of the gaming networks industry in Singapore 2017-2027 (in million U.S. dollars)." Chart. January 3, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1365329/singapore-gaming-networks-revenue
Statista. (2024). Revenue of the gaming networks industry in Singapore 2017-2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1365329/singapore-gaming-networks-revenue
Statista. "Revenue of The Gaming Networks Industry in Singapore 2017-2027 (in Million U.S. Dollars)." Statista, Statista Inc., 3 Jan 2024, https://www.statista.com/forecasts/1365329/singapore-gaming-networks-revenue
Statista, Revenue of the gaming networks industry in Singapore 2017-2027 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1365329/singapore-gaming-networks-revenue (last visited November 05, 2024)
Revenue of the gaming networks industry in Singapore 2017-2027 (in million U.S. dollars) [Graph], Statista, January 3, 2024. [Online]. Available: https://www.statista.com/forecasts/1365329/singapore-gaming-networks-revenue