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3D Gaming Console Market size is projected to grow at over 12% CAGR
from 2016 to 2023: Global Market Insights Inc.
3D Gaming Console Market size is projected to grow at over 12% CAGR from 2016 to 2023,
and is estimated to exceed 60 million units by 2023. Increasing consumer demand regarding
sophisticated gaming experience is expected to drive the industry.
Escalating average spending by gamers accompanied by aggressive marketing strategies
adopted by industry participants around the world is predicted to drive 3D gaming console
market demand over the next seven years.
Rising number of affluent as well as aspiring middle class population may fuel industry
growth over the forecast timeframe. These products provide three-dimensional (3D) images
from both, conventional 2D games as well as from the dedicated S3D games into
multidimensional format. In addition, they also facilitate accurate spatial localization, which is
likely to enhance and improvise the gaming experience and offer substantial realism.

Continuous innovation accompanied by rising customer demand is anticipated to further
propel 3D gaming console market growth. These devices possess the capability to support
stereoscopic gameplay on peripheral or integrated displays. In addition, they can also create
optimal perception of surface materials by generating illusion of depth. Increasing popularity
of real time gameplay experience as well as realistic visual effects among young working
professionals is expected to propel industry demand.
High 3D gaming console market price trend associated with displays as well as components
is expected to challenge the industry demand from 2016 to 2023. However, advent of
economical multidimensional display technologies is likely to increase adoption in the home
entertainment sector through TV and PC monitors.
Integration of advanced technologies along with introduction of innovative features such as
motion sensors, multi-screen displays, and intelligent communication are likely to offer
gamers with more interactive and enhanced experience. Increase in R&D spending paired
with introduction of new generation TV systems is expected to positively impact industry
growth from 2016 to 2023.
Introduction of advanced 3D smartphones is projected to pose a substantial threat to the 3D
gaming console market share. Growing eyesight problems and other health concerns may
also restrain growth. Surging consumer enthusiasm regarding virtual reality games is
predicted to offer potential growth opportunities, over the forecast period.
By end-use, the industry can be segregated into healthcare, mobile and gaming. On the
basis of component, the industry can be classified into hardware and software. Based on
technology, it can be categorized as polarized shutter, auto stereoscopy, active shutter and
others.
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