First-Person Shooter Market Report 2025

The first-person shooter market size has grown strongly in recent years. It will grow from $25.13 billion in 2024 to $27.53 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth during the historic period was driven by the rising adoption of consoles, the increasing popularity of multiplayer gaming, expanding internet access, the growth of PC gaming communities, and the surge in digital game distribution.

The first-person shooter market size is expected to see strong growth in the next few years. It will grow to $39.29 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The primary drivers of growth in the forecast period include rising demand for immersive gaming experiences, increased adoption of mobile gaming, expansion of cloud gaming infrastructure, growth of the esports ecosystem, and greater use of live-service monetization models. Key trends expected during this period involve advancements in virtual reality technology, innovations in game engine development, progress in artificial intelligence for non-player characters, ongoing research in immersive audio systems, and improvements in cross-platform gameplay integration.

The growing popularity of esports is expected to drive the expansion of the first-person shooter market. Esports involves organized competitive video gaming where players or teams compete in tournaments for prizes and recognition. The rise in esports popularity is largely due to live streaming platforms, which offer easy access to competitive gameplay, enable real-time interaction between fans and players, and foster dedicated communities around popular games and personalities. First-person shooters enhance esports by providing fast-paced, skill-based competition with strong viewer engagement, supporting professional leagues, global tournaments, and the overall growth of competitive gaming. For example, in April 2025, Esports Insider, a UK-based media and events company, reported that esports interest among people aged 18-29 reached 31% in 2024, up from 27% in 2021. Thus, the increasing popularity of esports is fueling growth in the first-person shooter market.

Key companies in the first-person shooter market are focusing on technological innovations such as the shard card design contest to engage players creatively and offer unique, customizable gameplay experiences that enhance both competitive and casual play. The shard card design contest is a global event where players create and submit original shard card ideas to be featured in the game. For instance, in March 2025, NetEase Inc., a China-based internet and game services provider, launched FragPunk, a free-to-play 5v5 hero shooter featuring a distinctive shard card system, available on Steam and Epic Games Store, with upcoming releases on Xbox Series X/S and PlayStation 5. The first season includes diverse content such as unique characters, numerous Shard Cards, multiple maps, and special launch rewards like free skins and a lifetime Battle Pass giveaway.

In March 2024, Take-Two Interactive, a US-based video game company, acquired Gearbox Entertainment for $460 million. This acquisition aims to strengthen Take-Two Interactive’s position in the first-person shooter market by acquiring Gearbox Entertainment’s successful Borderlands franchise, expanding its portfolio with high-performing titles, and leveraging Gearbox’s creative talent to drive future content development and revenue growth. Gearbox Software LLC is a US-based video game developer specializing in first-person shooter (FPS) games.

Major players in the first-person shooter market are Tencent Holdings Limited, Valve Corporation, Electronic Arts Inc., Ubisoft Entertainment S.A., Epic Games Inc., Capcom Co. Ltd., Crytek GmbH, Techland S.A., Bohemia Interactive a.s., Deep Silver Limited, Crowbar Collective Inc., Void Interactive Limited, Blackpowder Games LLC, Bulkhead Interactive Ltd., Battlestate Games Limited, New Blood Interactive LLC, Whacky Mole Studio AB, VRESKI AB, Coffee Stain Publishing AB, Trepang Studios Inc., and Hammer95 Studios.

North America was the largest region in the first-person shooter market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in first-person shooter report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the first-person shooter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

A first-person shooter (FPS) is a video game genre in which players see the action through the eyes of the main character, engaging in combat using firearms or other ranged weapons. These games often focus on fast-paced, tactical gameplay set within immersive 3D environments. FPS games are popular for entertainment, competitive esports, military training simulations, and research into human reaction times and decision-making under stress.

The primary categories of first-person shooter (FPS) games include console, personal computer, and mobile games. Console games are designed to be played on dedicated gaming devices like PlayStation, Xbox, or Nintendo systems. These games offer various gameplay formats, including single-player, multiplayer, and cooperative modes. Common game modes include campaign, multiplayer online battle arena (MOBA), battle royale, deathmatch, and capture the flag. FPS games serve purposes such as amusement and competitive gaming and are enjoyed by both professional and casual gamers.

The first-person shooter market research report is one of a series of new reports that provides first-person shooter market statistics, including the first-person shooter industry global market size, regional shares, competitors with the first-person shooter market share, detailed first-person shooter market segments, market trends, and opportunities, and any further data you may need to thrive in the first-person shooter industry. This first-person shooter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The first-person shooter market includes revenues earned by entities by providing services such as premium first-person shooter games, free-to-play first-person shooter games, subscription-based first-person shooter games, and Sci-Fi first-person shooter games. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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