The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The expansion of the gaming industry are expected to drive innovation in online microtransaction manufacturing, thus driving the market during the forecast period.

The global online microtransaction market is expected to grow from $67.94 billion in 2022 to $76.66 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The global online microtransaction market size is expected to grow to $117.95 billion in 2027 at a CAGR of 11.4%.

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Global Online Microtransaction Market Segments Include:

• By Type: In-Game Curriencies, Random Chance Puchases, In-Game Items, Expiration
• By Device: Mobile, Console, PC
• By Model: Prepay Model, Postpay Model, Other Models
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global online microtransaction market in 2021.

Major Market Players in the online microtransaction market include SmileGate (CrossFire); Riot Games, Inc.; Nexon Co., Ltd.; Wargaming.net; NCSoft; Activision Blizzard Inc.; Electronic Arts Inc.; Valve Corporation.

The companies adopting new loot box policies in order to adhere to the guidelines of the U.S. game industry trade group, the Entertainment Software Association is a major trend in the online microtransaction market. Companies such as Microsoft, Nintendo, and Sony are planning to have new policies by the end of 2020. Consequently, the players aiming to adopt new disclosure policies of a loot box is the latest trend shaping the growth of the online microtransactions market.

The Online Microtransaction Global Market Report 2023  provides a online microtransaction market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The online microtransaction market forecast analyzes online microtransaction market size, online microtransaction market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Online microtransactions are in-game purchases of virtual items for small amounts of money.

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