About International Chess
Chess is one of the oldest and most popular board games. It is the board game of strategic skill for two players played on a chequered board specially designed pieces of contrasting colors, commonly white and black. In this game, each playing piece is moved according to a precise rule. The pieces of the chess may include King, Rook, Bishop, Queen, Knight, Pawns among others. The demand for chess is expected to rise in the forecasted period owing to the rise in awareness, tournaments held around the globe and advantage associated with it.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global International Chess market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The House of Staunton (United States), ChessBaron (United Kingdom), Official Staunton (United Kingdom), Shree Ganesh International (India), Chess House (United States), Regency Chess (United States), The Chess Empire (United States), Segar Chess (India), CNCHESS (China), Chessncrafts (India) and CNCHESS (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global International Chess market by , Application (Professional Item and Home Entertainment) and Region.
On the basis of geography, the market of International Chess has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Chess Material, the sub-segment i.e. Wood will boost the International Chess market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the International Chess market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Board Size, the sub-segment i.e. 45mm will boost the International Chess market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Number of Chess Tournaments Globally
Market Growth Drivers:
Increasing Popularity of Games across the Global Populations, Rising Prevalence of Indoor Games and Increase in Number of Tournaments For Chess Around the Globe
Restraints:
Availability of Numerous Substitute Entertainment Mediums and Increasing Raw Material Prices
Opportunities:
Growing Demand due to Online Sell
In Jun 2021, The International Chess Federation announced a partnership with Tech Mahindra for the creation of the global chess league.
Key Target Audience
Chess Suppliers/Disturbers, Sports Industry, Chess Application Developers, Potential Investors, Upstream and Downstream Buyers and Industry Associations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.