#boardgamesindustry

[nextmscblog]

𝐆𝐚𝐦𝐞 𝐂𝐡𝐚𝐧𝐠𝐞𝐫𝐬: 𝐇𝐨𝐰 𝐁𝐨𝐚𝐫𝐝 𝐆𝐚𝐦𝐞𝐬 𝐀𝐫𝐞 𝐒𝐡𝐚𝐩𝐢𝐧𝐠 𝐄𝐧𝐭𝐞𝐫𝐭𝐚𝐢𝐧𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭𝐬

According to the Next Move Strategy Consulting the global 𝐁𝐨𝐚𝐫𝐝 𝐆𝐚𝐦𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 size is estimated to be predicted to reach around USD 40 billion with a CAGR of around 20% till 2030.

Board games have evolved with many new features, such as licensing Walt Disney characters of Star Wars and Frozen that has been really popular among the kids. Also, increasing popularity of famous TV series like Game of Thrones, Sherlock Holmes, and more have added a new lease of life to the industry. Moreover, traditional Monopoly and Scrabble have adapted generously to cope with the changing market trends.

One of the advantages that board-based game has over video games is the high-value proposition for general population and investors. Increasing crowdfunding platforms for the game manufacturers is the prominent factor driving the market growth for board games.

However, markets along the board games have been stable due to various innovations in game types in the past three years. The Board Games market is highly fragmented with many local players present especially in the developing countries of China and India. Also, these local players copy the game type and idea from the prominent manufacturers.

Comprehensive competitive analysis and profiles of major companies such as Asmadi Games, Grey Group, LoonyLabs, PandaDoc, Rio Grande, The Haywire, Asmadi Games, Legendary Games, The Walt Disney Company, North Star Games is added in the report.