The board game industry in the world, part 1: industry or entertainment?

GlobalEntertainment1402 (2023/24)

The board-game industry in recent years has injected new life into the veins of the world's modern entertainment. Such that it is predicted that the board-game market in 2023 will reach 8.31 billion dollars of revenue with an annual growth rate of 3.59%. In addition to professional and long-standing gamers, board games have had a great deal to say among younger people and newcomers to the world of games and entertainment. With the emergence of new game-making technologies, innovative designs in making games are taking place. This innovation has also been placed at the service of the community of tabletop-game enthusiasts and has brought striking growth and success for this game industry.

Board-game industry statistics in the world

At first glance it is expected that the global board-game market during the years 2023 to 2028 will experience a compound annual growth rate (CAGR) of 13.27%. The compound annual growth rate in English Compound annual growth rate (CAGR) is a special term for a business and investment that, with a geometric-progression ratio, determines a constant amount of return on investment over a period of time. It is expected that the size of the board-game market by 2028 will reach the figure of 39.99 billion dollars. It is worth knowing that in 2022 the size of the board-game market at the global level reached 15.1 billion dollars.

Age classification of board games

The 5-to-12 age group holds the largest share of the world's board-game market. Games designed for the 5-to-12 age group focus on simplicity, entertainment and educational value. This type of game often has a shorter gameplay so that they are brought to market in a way suited to the temperament of younger players.

Age classification of board games

Board games for computer and mobile

With the emergence of advanced technologies in the world's game-making industry, board games gradually entered digital entertainment and games. Studies show that the number of board-game downloads for computer and mobile in 2022 reached something around 4.85 billion downloads. It is expected that average revenue per download is currently 0.60 US dollars. A global comparison shows that the highest revenue from downloading board games for Android and Windows, amounting to 1754.00 million dollars, was recorded in the United States region.

Board games for computer and mobile

The revenue of offline board games such as downloading offline card games has had a greater amount of profit than the online board-games segment. It has accounted for more than 54% of the share of software stores. The situation in the online-games segment is not so bad either, and this segment has taken a considerable growth path. Especially online games in the United States of America and various European countries, including Germany and the United Kingdom, where it is expected we will see a compound annual growth rate (CAGR) of more than 13 percent from 2022 to 2028.

Offline board games

The board-game industry market in the world

Board games in the North America region in 2022, with a share of 28.88%, held first place in the global market. Also the United States in 2023, with 2611.00 million dollars of revenue from types of board games, is ahead of other countries of the world.

The value of the tabletop-game market from 2017 to 2023

The value of the global board-game industry market in 2017 was about 7.2 billion dollars and in 2021 reached 13.33 billion dollars. It is predicted that this amount will continue to increase through 2023. It is also predicted that the revenue of the board-game industry in the world by 2030 will reach 37.82 billion dollars, which will take place at a compound annual growth rate (CAGR) of around 12.29% from 2023 to 2030.

Revenue generation of the board-game industry in the countries of East Asia and the Pacific in 2022 reached 5.38 billion dollars. Also in these countries a greater annual revenue growth is felt than in the United States and Europe. The state of demand for buying and downloading original board games is proceeding very excitedly. Countries such as the United States, China, Germany, India, Japan, the United Kingdom, Brazil and France have considerable demand for buying well-known foreign board games.

A comparison of board games and puzzle mind games

Types of tabletop games in 2022 were under the domination of sales of puzzle games, or the same puzzles, in global markets. To the extent that this segment's revenue reached more than 6.9 billion dollars. Types of board games after intellectual puzzle games accounted for a share of more than 23 percent of the game-industry market in 2022.

The best mind games

The highest-earning intellectual puzzle games can be introduced as puzzles including:

  • jigsaw puzzles ( jigsaw puzzles )
  • 3D puzzle games
  • 3D puzzles
  • slide-puzzle games
  • Rubik's Cube games

and some other mind games. With the striking presence of puzzles among types of board games, genres related to education and learning accounted for more than 41 percent of the share among other game genres. These attractive mind games appeared as the most popular dominant game genre in the global board-game market in 2022.

jigsaw puzzles ( jigsaw puzzles )

The most popular board-game genres

The classification of types of board games into various genres does not have a single rule and standard. The classification of board-game styles in different parts of the world such as America, Europe and Asia is done in a different way. Types of strategy-genre games with a war theme have accounted for about 26 percent of the share of the global tabletop-game market in 2022. These board games, because of their attractive nature and the need for tactical and logical skills, enjoy great popularity in countries such as South Korea, Germany, Japan and China.

A short history of world board-game competitions

Board-game championship competitions have been held annually in Germany since 1998. So far more than 40 countries take part in these competitions. About 165 card games and board games from a diverse range of tabletop games are held there. Of course if we want to examine more precisely, the Monopoly world competitions have been held exclusively during a long event since 1973 and have had limited participants.

Types of the best get-together board games are played at the World Boardgaming Championships (WBC). The most popular and best WBC games are:

  • Settlers of Catan
  • Risk
  • Ticket to Ride
  • Britannia
  • Star Wars: The Queen’s Gambi

Conclusion

The statistics presented in this report indicate considerable growth of the board-game industry in the world, an increase in the size of the board-game market and the effect of audience interests in this game industry in the world. We are facing a transforming industry that is predicted in 2023 to reach 2.75 billion dollars of revenue with an annual growth rate of 3.53%. Should one not look, as a revenue-generating industry, at a game and entertainment medium whose income per active participant is estimated at something around 1.08 US dollars in 2023?

Machine-translated from Persian by Namafar; the Persian original is authoritative. Read the original in Persian

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