The global gaming console market was valued at USD 26.7 billion in 2023, growing at a CAGR of 9.1% from 2024 to 2033. It is expected to reach USD 63.7 billion by 2033. Several factors, such as shifting consumer preferences, technological developments, and an increased emphasis on gaming as entertainment, have combined to drive the market's notable expansion. Technological developments have been a key factor in the market's expansion.
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