The Singapore gaming console market reached approximately USD 157.02 Million in 2024. The market is projected to grow at a CAGR of 3.40% between 2025 and 2034, reaching a value of around USD 219.36 Million by 2034.
Base Year
Historical Year
Forecast Year
As per industry reports, there are more than 6 million people in the country out of which 0.9 million are involved in gaming.
With over half of the world's gamers living in Asia, Singapore can serve as a centre for the region's e-sports and gaming industries.
Sony’s PlayStation 5 (PS5) console with a limited edition Genshin Impact gift bundle is now available in the region at S$799.
Value in USD Million
2025-2034
Singapore Gaming Console Market Outlook
*this image is indicative*
The Singapore gaming console industry is poised for substantial growth owing to rapid innovations in the gaming sector, rising income levels, and advancements in gaming technology steered by major market players. For instance, the Nintendo Switch 2 a next-generation console by Nintendo will feature an 8-inch LCD screen, system upgrades, and a RAM of 12 GB for a smooth and immersive gaming experience.
Moreover, the increasing popularity of e-sports in the country has transformed it into a major hub equipped with internet infrastructure and a base of active gamers across all age groups. For instance, in 2023, the Olympic e-sports tournament was hosted in Singapore by the International Olympic Committee. This has fuelled the demand for more efficient and powerful gaming consoles and driven Singapore gaming console market expansion. Additionally, market players are incorporating artificial intelligence (AI), Augmented Reality (AR), and virtual reality (VR) in gaming consoles to meet consumer demands.
Many gaming console companies are offering subscription-based services which give access to a vast library of popular video games for a small monthly fee. Examples include an Xbox game pass for Xbox console players at S$14.99 per month, PlayStation Plus for PlayStation 4 and 5 players at S$8.90, and Nintendo Switch Online for those desiring to play retro Nintendo titles at US$3.99 per month.
The popularity of cloud gaming, demand for multiplayer games, frequent e-sport events, and integration of eco-friendly features in products are accelerating the Singapore gaming console market value.
The increasing popularity of cloud gaming, driven by its cost-effectiveness, is opening new opportunities in the Singapore gaming console market. Major industry players like Microsoft and Sony are investing in the development of consoles optimized for cloud gaming, such as the Xbox Series X/S and PlayStation 5. With higher internet penetration and the rise of new cloud gaming services in Singapore, demand for cloud-optimized consoles is expected to grow, further boosting the market growth.
Multiplayer games are becoming increasingly popular among gamers in Singapore, driving demand for consoles with high-performance hardware, ample storage, and efficient voice communication features. While established consoles like the Xbox Series X, Nintendo Switch, and PlayStation 5 are already popular in this domain, Singapore’s market is witnessing the growth of new players developing multiplayer gaming consoles at a faster pace. This is adding to the overall revenue growth of the country’s gaming console market.
The rise of e-sports culture in the South Korean gaming community, fuelled by events such as One Esports Singapore Major for Dota 2, has led to a high demand for advanced gaming consoles such as Xbox and PlayStation. They have already captured a huge share of the e-sports market owing to features such as enhanced processing power, improved graphics, and advanced online capabilities. Further growth of the e-sport industry is expected to spur their consumption to higher levels, thereby creating a positive growth trend in the market.
Growing sustainability concerns are encouraging console developers in Singapore to incorporate eco-friendly features in their products. For instance, Sony’s PlayStation 3, 4, and 5 are all equipped with power-saving modes, allowing the consoles to limit the background operations to save energy during inactivity. Similarly, most of Microsoft’s Xbox Series S has been manufactured with post-consumer recycled resins sourced from recycled plastics and metals. Such efforts have gained centre stage in the environmentally conscious country of Singapore, enabling market players to aim for future growth and stability of the business.
“Singapore Gaming Console Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Platform
Market Breakup by End Use
Market Breakup by Distribution Channel
Based on platform, the market is segmented into Xbox, PlayStation, Wii, and others. Xbox along with PlayStation holds a significant portion of the market share. Xbox offers premium quality hardware and Virtual reality (VR) experiences. PlayStation is easily accessible and affordable in the country. Furthermore, this console is also equipped with game titles such as Uncharted series, Spider-Man, and The Last of Us which has held the interest of a large number of customers over the recent years.
The market players are constantly introducing new technologies to create an immersive gaming experience.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the market reached an approximate value of USD 157.02 Million.
The Singapore gaming console market is estimated to grow at a CAGR of 3.40% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of USD 219.36 Million by 2034.
The market is being driven due to technological advancements, wide internet accessibility, and a growing base of active gamers in Singapore.
The key trends aiding the market include the rise of e-sports, the integration of artificial intelligence, augmented reality, and virtual reality into gaming consoles and subscription-based services.
Based on type, market segmentations include home consoles, handheld consoles, hybrid consoles and dedicated consoles, among others.
The major players in the market are Sony Corporation, Microsoft Corporation, Nintendo Co., Ltd., Logitech International SA, Atari Inc., Meta Platforms Technologies, Inc., Samsung Electronics Co. Ltd., Valve Corporation, HTC Corporation, and ASUSTEK Computer Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Platform |
|
| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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