In 2023, non-store retail sales of electronic game consoles and game software in Canada stood as the baseline for forecasting. From this point, the forecasted sales highlight a steady increase, reaching 102.61 million Canadian Dollars by 2028. The annual growth rate averages around 1% year-on-year from 2024 to 2028.
Key observations include:
- The forecast indicates a stable upward trend with slight year-on-year increases.
- A consistent compound annual growth rate (CAGR) reflects the gradual expansion of the market.
Future trends to watch include the impact of technological advancements, consumer preferences shifting towards digital formats, and any potential market disruptions from new competitors. The evolution of gaming cultures and streaming services may also influence future sales dynamics.
