Press Release

In-Game Advertising Market Grows: 9.14% CAGR

Global In-Game Advertising Market

Evolve Business Intelligence has published a research report on the Global In-Game Advertising Market, 2024–2034. The Global In-Game Advertising Market is projected to exhibit a CAGR of around 9.14% during the forecast period of 2024 to 2034.

Evolve Business Intelligence has recognized the following companies as the key players in the Global In-Game Advertising Market: Alphabet Inc, Anzu Virtual Reality Ltd, Blizzard Entertainment Inc, Electronic Arts Inc, Media Spike Inc, Iron Source Ltd, Motive Interactive Inc, Play wire, Rapid Fire Inc and WPP.

Global In-Game Advertising MarketMarket Highlights

The Global In-Game Advertising Market is projected to be valued at USD 178.65 Billion by 2034, recording a CAGR of around 9.14% during the forecast period. The global in-game advertising market refers to the entire industry involved in creating, selling, and delivering advertisements within video games. This market has been growing rapidly in recent years due to the increasing popularity of video games, the effectiveness of in-game advertising, and the development of new technologies that enable more immersive and targeted ad experiences.

The key drivers for this market include the growing popularity of mobile gaming, increasing player engagement in online multiplayer games, and advancements in advertising technology, such as programmatic advertising and AI-driven personalized ads.

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Segmental Analysis

The Global In-Game Advertising Market has been segmented based on Advertising Type and Device Type.

Based on Advertising Type, the Global In-Game Advertising Market is segmented into Dynamic Ads, Static Ads and Advergaming. The Static Ads segment is anticipated to dominate the market.

Based on Device Type, the Global In-Game Advertising Market has been divided into PC/Laptop and Smartphone/Tablet. The PC/Laptop segment is anticipated to dominate the market.

Regional Analysis

The Global In-Game Advertising Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America is a dominant region in the global in-game advertising market due to its mature gaming industry, strong infrastructure, and widespread mobile and console gaming adoption and the presence of major game developers and advertisers, along with the rising popularity of esports and live-streaming platforms (e.g., Twitch), are key growth factors. The high disposable income of gamers and advanced digital marketing technologies also support the market. Europe also holds a significant share of the in-game advertising market. Countries like the UK, Germany, and France are key players, driven by a well-established gaming industry and high internet penetration rates and the expansion of mobile gaming, increasing popularity of esports, and cross-platform gaming experiences contribute to growth. Brands are increasingly using in-game ads to reach young audiences, particularly in countries with strong gaming cultures. APAC is the fastest-growing region in the global in-game advertising market, driven by the massive gaming population in countries like China, Japan, South Korea, and India. The region is home to both the largest gaming companies and a rapidly expanding mobile gaming market and Mobile gaming dominates in APAC, especially in China and Southeast Asia, where smartphone penetration is high. The rise of 5G technology, coupled with affordable internet, has also accelerated gaming adoption. In-game advertisements are a key revenue stream in free-to-play games, which are highly popular in the region. Latin America is an emerging market for in-game advertising, with significant growth potential due to increasing smartphone adoption and internet connectivity and the popularity of mobile gaming, especially among younger demographics, drives the market. Rising internet penetration and the growing gaming culture, particularly in Brazil and Mexico, contribute to the expansion of in-game ads. The Middle East and Africa are slowly emerging in the in-game advertising market, with significant growth potential as gaming becomes more popular, especially in urban areas and increasing internet penetration, smartphone adoption, and the growing popularity of esports and mobile gaming are boosting the market. In the Middle East, countries like the UAE and Saudi Arabia are investing heavily in gaming infrastructure, creating more opportunities for advertisers.

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