Industry Background:
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.This growth is primarily driven by Increasing Popularity of Games across the Global Populations
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Casinos & Gaming sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as 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) and Segar Chess (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Influencing Trend:
Adoption of Chess Game with Mobile Apps and Growing Demand due to Online Sell
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
Challenges:
Continuously Changing Consumer Preferences and Limited Number of Players Can Play
Restraints:
Availability of Numerous Substitute Entertainment Mediums and Increasing Raw Material Prices
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Chess Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Chess Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Chess players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Chess Study Sheds Light on
The Chess Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Chess industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Chess industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.