The Brazil market dominated the LAMEA Online Microtransaction Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD3.02 billion by 2031. The Argentina market is showcasing a CAGR of 15.5% during 2024-2031. Additionally, the UAE market would register a CAGR of 13.8% during 2024-2031.
The online microtransaction market has become a major component of digital commerce, particularly within the gaming, mobile app, and online content industries. Originally, video games and other digital products were sold as one-time purchases, where users paid upfront for a complete experience.
Moreover, the monetization landscape has been substantially transformed by the emergence of digital distribution platforms, as well as the growing demand for personalized content and continuous updates. This shift has allowed businesses to offer their products for free or at a reduced initial cost while generating steady revenue through ongoing, optional purchases within their platforms.
The online microtransaction market in LAMEA is experiencing notable growth due to increasing digital penetration and a growing gaming culture. Brazil has one of the largest gaming communities in Latin America, with millions of players actively engaging in mobile and console gaming. Titles like Free Fire and League of Legends are particularly popular, with users frequently making in-game purchases. The Brazilian government has supported the gaming industry by fostering digital entrepreneurship and investing in the country's digital infrastructure.
List of Key Companies Profiled
- Epic Games, Inc.
- Fandom, Inc.
- Valve Corporation
- Activision Blizzard, Inc. (Microsoft Corporation)
- NEXON Co., Ltd.
- NetEase, Inc.
- Niantic, Inc.
- Electronic Arts, Inc.
- Nintendo Co., Ltd.
- Wargaming. net
Market Report Segmentation
By Device
- PC
- Mobile Phones
- Gaming Console
- Other Device
By Payment Model
- Prepay
- Pay-as-you-Go
- Post-Pay
By Type
- In-game Currencies
- In-game Items
- Random Chance Purchases
- Expiration-based Purchases
- Other Type
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Companies Mentioned
Some of the key companies in the LAMEA Online Microtransaction Market include:- Epic Games, Inc.
- Fandom, Inc.
- Valve Corporation
- Activision Blizzard, Inc. (Microsoft Corporation)
- NEXON Co., Ltd.
- NetEase, Inc.
- Niantic, Inc.
- Electronic Arts, Inc.
- Nintendo Co., Ltd.
- Wargaming.net
Methodology
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