2024
8
Canada Console and PC Gaming Market 2024 | Focus: Market Factors
2024-05-17T11:02:08+01:00
REP7287E4F9_0B89_493C_A2C9_1618A7D33269
500
173073
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Report
en_GB
Canada's gaming industry thrives on government support, talent and innovation, primed to lead globally with AR/VR and 5G technologies. Michael Lloy, Research Analyst…

Canada Console and PC Gaming Market 2024 | Focus: Market Factors

£ 500 (Excl.Tax)

Report Summary

Mintel’s Focus Reports extract and analyse key information and data to provide a condensed and insightful report on the topics that matter to you and your business. This report covers the market factors impacting the Canada gaming industry, if you are interested in learning more about the Canada Console and PC Gaming Market, use the navigation at the top of this page to browse other Focus Reports on the subject.

 

Canada Console and PC Gaming: Market Factors

Mintel’s Canada Console and PC Gaming Market Factors Focus Report offers a deep dive into the core aspects influencing the Canada gaming market. Gain vital insights into the dynamics and opportunities defining the Canadian gaming sector.

 

Key areas covered in this report include:

  • The critical role of government backing, skilled talent, and innovation positioning Canada at the forefront of AR/VR and 5G gaming technologies.
  • The Canadian video game market’s remarkable resilience against economic fluctuations, establishing video games as a leading choice for affordable entertainment.
  • The advantages stemming from governmental financial incentives, support in education and training, innovation grants, and efforts in international promotion.
  • The impact of increasing transportation costs and inflation on gaming-related expenditures in Canada.
  • Emerging opportunities for brands due to demographic changes, including greater representation of minorities and a growing elderly demographic.

Stay informed and understand the elements influencing the gaming industry with this Focus Report. Gain complete access to this in-depth content and lead the way in understanding the gaming market in Canada today.

 

Meet The Expert

Michael is a Research Analyst with Comperemedia, specialising in financial services and insurance, with a focus on the Canadian market.

 

Canada’s gaming industry thrives on government support, talent and innovation, primed to lead globally with AR/VR and 5G technologies.

Michael LoyMichael Lloy
Research Analyst

Table of Contents

    • Key takeaways
    • Opportunities
  1. The Market

    • Market context
    • Canada has a robust video game industry
    • Talent development and technological innovation will be integral to the future success of the Canadian video game market
    • Canada’s video game industry thrives amid economic uncertainties
    • The Canadian government regularly invests in the Canadian gaming industry
    • Market drivers
    • Costs remain elevated for Canadians
    • Graph 1: Consumer Price Index, 2020-24
    • Rising transportation costs counter trending deceleration
    • Inflation continues to be a primary concern for Canadians across all age groups, but it is particularly troubling for older Canadians
    • Graph 2: top three concerns over the next six months (% any rank), 2024
    • Higher household savings may actually drive non-mobile spending down
    • Graph 3: household savings rate, 2019-23
    • Canada’s proportion of visible minority demographics is set to increase significantly
    • Graph 4: proportion of visible minority in Canada, 1981-2036 (projected)
    • Older Canadians will be a growing demographic target for mobile game companies
    • Graph 5: population aged 0-14 and 65+, 2000-40*
  2. Appendix

    • Abbreviations and terms
    • Console and PC Gaming – Canada – 2024

About the report

This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.

Market

Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.

Consumer

Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.

Brand/Company

Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.

Data

Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.

*databooks not available with UK B2B Industry reports.

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2024 Sample Consumer Cover

Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.

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