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Gaming Chair Market to Grow by USD 545.8 Million (2024-2028), Health Benefits Driving Revenue, with AI Redefining Market Landscape – Technavio

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NEW YORK, Nov. 19, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global gaming chair market  size is estimated to grow by USD 545.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.8%  during the forecast period. Health-related benefits of using gaming chairs is driving market growth, with a trend towards emergence of ergonomic gaming chairs. However, increasing adoption of mobile games  poses a challenge.Key market players include Ace Casual Furniture, Aerocool Advanced Technologies Inc., AKRacing America Inc., AndaSeat, Arozzi North America, BRAZEN GAMING CHAIRS, Caseking GmbH, Clutch Chairz USA Ltd., Corsair Gaming Inc., DXRacer USA LLC., GT Omega Racing Ltd., MillerKnoll Inc., Impakt SA, LF Gaming, NOBLECHAIRS, Playseat BV, Raidmax, Roto VR Ltd., Secretlab SG Pte. Ltd., Thermaltake Technology Co. Ltd., ThunderX3, and Vertagear Inc.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Price (Mid-range, Low-range, and High-range), Type (Table, Hybrid, and Platform), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Ace Casual Furniture, Aerocool Advanced Technologies Inc., AKRacing America Inc., AndaSeat, Arozzi North America, BRAZEN GAMING CHAIRS, Caseking GmbH, Clutch Chairz USA Ltd., Corsair Gaming Inc., DXRacer USA LLC., GT Omega Racing Ltd., MillerKnoll Inc., Impakt SA, LF Gaming, NOBLECHAIRS, Playseat BV, Raidmax, Roto VR Ltd., Secretlab SG Pte. Ltd., Thermaltake Technology Co. Ltd., ThunderX3, and Vertagear Inc

Key Market Trends Fueling Growth

The gaming chair market is thriving with trends like Hybrid and Platform chairs, catering to both residential and commercial sectors. Home Centers and Specialty Stores, including Start-ups, offer a wide range of chairs for Gamers. Hardware compatibility with electronic devices and new games, whether PC, console, or mobile, is crucial. Online gaming, social media, and e-games drive demand for ergonomic chairs with features like lumbar support, padded backrests, and height-adjustable armrests. Professional gamers prefer high-end video games and demand chairs with steady support, 135-degree adjustable backrests, 4D armrests, and carbon-look coverings. Ergonomic support, adjustment settings, and accessories like speakers, head cushions, and retractable footrests enhance the gaming experience. Health and fitness concerns, such as prolonged sitting, postural stress, and obesity-related health issues, fuel the market for ergonomic chairs. Variants like Racer, Recliner, Rocker, Pedestal chairs, and adjustable lumbar support cater to different preferences. The entertainment sector focuses on player experience, motion, and virtual reality games. Sales of gaming chairs continue to grow, driven by esports tournaments, online streaming, and gaming peripherals. Materials like PU Leather and PVC Leather are popular, with High-Range, Medium-Range, and Low-Range options available. Game cafes and e-sports facilities invest in ergonomic chairs with features like caster wheels, swiveling bases, and adjustable armrests. Gaming chairs are not just for video game enthusiasts; they cater to all types of gamers, from board games to realistic games. 

An ergonomic gaming chair is a crucial investment for avid gamers, designed to alleviate discomfort and muscle strain that can lead to health issues like herniated lumbar discs. Unlike conventional chairs, ergonomic gaming chairs promote a natural hand position and sitting posture. They offer features such as reclining capabilities, swivel and tilt functions, seat-side controls, and neck pillows, enabling gamers to relax and recuperate during extended gaming sessions. These chairs are essential for maintaining optimal comfort and reducing the risk of injury while playing. 

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Market Challenges

The gaming chair market is a growing sector in the entertainment industry, catering to both residential and commercial consumers. Two popular types are Hybrid Gaming Chairs and Platform Gaming Chairs. Challenges include ensuring hardware compatibility with various electronic devices, keeping up with new games and online gaming trends, and meeting the needs of professional gamers. Distributors face competition from Home Centers, Specialty Stores, Start-ups, and Online Stores. Gamers prioritize ergonomic features like lumbar support, adjustable armrests, and a cozy seating position. Health and fitness concerns, such as prolonged sitting and postural stress, drive demand for ergonomic designs. Gaming chairs come in various types, including Racer Chairs, Recliner Gaming Chairs, Rocker Gaming Chairs, and Pedestal Gaming Chairs, with or without wheels. Accessories like speakers, retractable footrests, and built-in massage units add value. Market segments include Residential, Commercial, and Gaming Center facilities. Key challenges include catering to different price points (High-Range, Medium-Range, Low-Range), addressing health issues like back injuries, carpal tunnel syndrome, and obesity, and ensuring compatibility with various electronic devices and games, including PC games, console games, mobile games, and virtual reality games. Sales depend on player experience, motion, and realism, as well as gaming peripherals and accessories. Success relies on understanding the needs of video game enthusiasts and offering a wide range of variants and customization options.The mobile gaming market has experienced significant growth due to the widespread use of smart devices. Mobile games generate the majority of revenue in this sector, with smartphones accounting for approximately 75%. The convenience of playing games on-the-go has led to an increase in gaming usage on smartphones. Gaming apps are readily available for free on smartphones, eliminating the need for additional controllers. This accessibility and affordability have made mobile gaming a popular pastime for many. Companies are responding to this trend by focusing on app development for mobile games, further expanding the market.

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Segment Overview 

This gaming chair market report extensively covers market segmentation by

Price 1.1 Mid-range1.2 Low-range1.3 High-rangeType 2.1 Table2.2 Hybrid2.3 PlatformGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Mid-range-  The mid-range segment of the global gaming chair market is currently the most preferred choice for consumers. These chairs offer proper armrests, which help alleviate shoulder and arm pain. Mid-range gaming chairs come with decent-quality audio systems and sizable subwoofers, adding to the overall gaming experience. X-Rocker is a leading brand in this segment, producing chairs like the X-Rocker Pro. Mid-range gaming chairs resemble office chairs but have a slightly lower height. Their adjustable height allows users to align the chair with their TV or media device, reducing neck strain. The mid-range segment’s popularity will continue to fuel the growth of the global gaming chair market due to its reasonable pricing and added features.

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Research Analysis

The Gaming Chair market encompasses various types of chairs designed specifically for PC gamers and video game enthusiasts. These chairs offer enhanced ergonomic support for long gaming sessions, with popular variants including Racer Chairs, Recliner Gaming Chairs, Rocker Gaming Chairs, Pedestal Gaming Chairs, Beanbag Gaming Chairs, and Hybrid Gaming Chairs. With wheeled options (With Wheel) or without (Without Wheel), these chairs cater to both residential and commercial settings. Home Centers and Specialty Stores are common retailers, while Start-ups and online platforms are gaining popularity. Features such as adjustable settings, armrests, swiveling bases, caster wheels, and even integrated speakers enhance the gaming experience. Gamers, from casual to professional, benefit from these chairs’ ergonomic design and customization options. Accessories like headrests, footrests, and cup holders further add to the gaming chair experience.

Market Research Overview

The gaming chair market is a dynamic and growing industry, catering to the needs of both residential and commercial consumers. Hybrid and platform gaming chairs are popular choices, offering a blend of comfort and functionality for gamers. These chairs come with various features such as ergonomic designs, adjustable lumbar support, padded backrests, height-adjustable armrests, and steady bases. Gamers can choose from a range of variants, including Racer Chairs, Recliner Gaming Chairs, Rocker Gaming Chairs, and Pedestal Gaming Chairs, with or without wheels. Hardware compatibility is essential, ensuring the chair works with various electronic devices, including PCs, game consoles, and mobile devices. New games, online gaming, and social media platforms have fueled the demand for gaming chairs, with e-games, board games, high-end video games, and virtual reality games also driving sales. Ergonomic chairs with health and fitness features, such as lumbar support, posture correction, and adjustable settings, are increasingly popular. These chairs help prevent postural stress and health issues, including back injuries, torque back, wrist problems, and muscle stiffness. The entertainment sector, including game cafes and esports tournaments, is a significant market for gaming chairs. Accessories like speakers, head cushions, detachable footrests, and retractable footrests, add to the overall gaming experience. The market also includes start-ups and specialty stores, offering a range of prices from high-end to low-range, including PU Leather and PVC Leather chairs. Gaming chairs are not just for video game enthusiasts but also for those who enjoy outdoor games, cozy seating positions, and motion-based games. With RGB lighting systems, colors, and designs, these chairs offer a personalized gaming experience. Prolonged sitting can lead to health issues, making ergonomic chairs an essential investment for gamers.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

PriceMid-rangeLow-rangeHigh-rangeTypeTableHybridPlatformGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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NASA Plans to Assign Missions for Two Future Artemis Cargo Landers

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WASHINGTON, Nov. 19, 2024 /PRNewswire/ — NASA, along with its industry and international partners, is preparing for sustained exploration of the lunar surface with the Artemis campaign to advance science and discovery for the benefit of all. As part of that effort, NASA intends to award Blue Origin and SpaceX additional work under their existing contracts to develop landers that will deliver large pieces of equipment and infrastructure to the lunar surface.

NASA expects to assign demonstration missions to current human landing system providers, SpaceX and Blue Origin, to mature designs of their large cargo landers following successful design certification reviews. The assignment of these missions builds on the 2023 request by NASA for the two companies to develop cargo versions of their crewed human landing systems, now in development for Artemis III, Artemis IV, and Artemis V.

“NASA is planning for both crewed missions and future services missions to the Moon beyond Artemis V,” said Stephen D. Creech, assistant deputy associate administrator for technical, Moon to Mars Program Office. “The Artemis campaign is a collaborative effort with international and industry partners. Having two lunar lander providers with different approaches for crew and cargo landing capability provides mission flexibility while ensuring a regular cadence of Moon landings for continued discovery and scientific opportunity.”

NASA plans for at least two delivery missions with large cargo. The agency intends for SpaceX’s Starship cargo lander to deliver a pressurized rover, currently in development by JAXA (Japan Aerospace Exploration Agency), to the lunar surface no earlier than fiscal year 2032 in support of Artemis VII and later missions. The agency expects Blue Origin to deliver a lunar surface habitat no earlier than fiscal year 2033.

“Based on current design and development progress for both crew and cargo landers and the Artemis mission schedules for the crew lander versions, NASA assigned a pressurized rover mission for SpaceX and a lunar habitat delivery for Blue Origin,” said Lisa Watson-Morgan, program manager, Human Landing System, at NASA’s Marshall Space Flight Center in Huntsville, Alabama. “These large cargo lander demonstration missions aim to optimize our NASA and industry technical expertise, resources, and funding as we prepare for the future of deep space exploration.”

SpaceX will continue cargo lander development and prepare for the Starship cargo mission under Option B of the NextSTEP Appendix H contract. Blue Origin will conduct its cargo lander work and demonstration mission under NextSTEP Appendix P. NASA expects to issue an initial request for proposals to both companies in early 2025.

With the Artemis campaign, NASA will explore more of the Moon than ever before, learn how to live and work away from home, and prepare for future exploration of Mars. NASA’s SLS (Space Launch System) rocket, exploration ground systems, and Orion spacecraft, along with commercial human landing systems, next-generation spacesuits, Gateway lunar space station, and future rovers are NASA’s foundation for deep space exploration.

For more on NASA’s Human Landing System Program, visit:

https://www.nasa.gov/hls 

 

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SOURCE NASA

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GQR Life Sciences Partners with Nebula to Transform Talent Acquisition for Biopharma Clients

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NEW YORK, Nov. 19, 2024 /PRNewswire/ — GQR Life Sciences, a leader in total talent solutions for the biopharma industry, is proud to announce a strategic partnership with Nebula, an AI-powered talent platform that takes client service and innovation to the next level. This partnership strengthens GQR Life Sciences’ ability to deliver advanced workforce solutions tailored to the unique needs of biopharma organizations, empowering them to drive progress and innovation across the industry.

Since 2016, GQR Life Sciences has served over 1,000 clients, supporting groundbreaking work in areas such as drug development, clinical research, and commercialization. The integration of Nebula into its talent solutions marks a major milestone, providing biopharma clients with cutting-edge tools to streamline talent acquisition and enhance internal hiring capabilities.

Biopharma Innovation
Nebula harnesses natural language processing and AI technology to enable precise, efficient talent matching. GQR Life Sciences’ clients can access a vast pool of over 180 million profiles, empowering them to secure the expertise needed to tackle their most complex challenges, from advancing pipelines to scaling operations.

“Integrating Nebula into our solutions takes client service and innovation to the next level for our biopharma partners,” said Trevor Symons, Head of Revenue Operations at GQR Life Sciences. “This technology allows us to deliver faster, more efficient hiring processes while giving our clients the tools to elevate their own talent acquisition strategies and maintain their edge in a competitive market.”

Enhancing Client Capabilities
Nebula enables GQR Life Sciences’ clients to independently identify and rank candidates with ease, integrating seamlessly with existing applicant tracking systems. By automating labor-intensive processes like job descriptions, recruitment marketing, and sourcing, the platform significantly reduces time-to-hire, empowering organizations to focus on advancing their strategic priorities.

Faster, Smarter Workforce Solutions
The partnership with Nebula enhances GQR Life Sciences’ ability to deliver high-value services that meet the demands of a fast-evolving industry. Whether supporting talent needs for clinical trials, manufacturing scale-ups, or commercial launches, Nebula ensures biopharma clients have access to top-tier talent with unmatched efficiency.

About GQR Life Sciences
GQR Life Sciences is a premier provider of total talent solutions for the biopharma industry. With a commitment to innovation and excellence, GQR Life Sciences helps organizations achieve their workforce goals and drive industry progress.

About Nebula
Nebula is an AI-driven talent platform that enhances recruitment outcomes through advanced natural language processing and analytics. Designed to deliver smarter, faster hiring, Nebula empowers organizations to achieve their most ambitious goals by connecting them with top-tier talent.

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SOURCE GQR

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Blackbaud Institute Releases New Research on Charitable Support Trends Across Generations in Australia and New Zealand

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Financial Donations Lead as Most Impactful Support Method Across Generations, but Volunteering and Advocacy Remain Vital

SYDNEY, Nov. 20, 2024 /PRNewswire/ — The Blackbaud Institute, a sector research lab at Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, has released a new report, Charitable Support Across Generations in Australia and New Zealand, that provides insights into the evolving charitable behaviors and support preferences of Gen Z, Millennials, Gen X, and Boomers. Through survey responses from over 1,000 participants, this comprehensive study uncovers generational attitudes toward nonprofit support, identifying factors influencing giving and highlighting the unique challenges facing the nonprofit sector in a dynamic philanthropic landscape.

The findings reveal that, across all generations, monetary donations remain the most impactful way to support causes. However, Gen Z places a high value on volunteering and advocacy, reflecting a shift toward active engagement beyond financial contributions. While health, animal welfare, and children’s causes remain widely supported, each generation brings unique perspectives and priorities to their charitable activities.

“Understanding the motivations and preferred support methods of each generation is essential, especially in a time of rising economic pressures,” said Kevin Sher, president and general manager of Blackbaud’s operations in Asia Pacific. “Our findings show that while financial support is universally valued, younger generations—particularly Gen Z—are redefining their approach to social impact through direct engagement in volunteerism and advocacy. Older generations, who are typically more financially established, donated the most, highlighting the continued importance of engaging Gen Xers and Boomers in the next decade. By adapting to generational supporting trends, nonprofits can deepen connections across age groups.”

Key Findings from the Report:

Generational Support Preferences: While financial donations lead across generations, Gen Z demonstrates a notable emphasis on volunteering (47%), and Boomers are more inclined to promote causes they care about. These insights suggest varied but complementary approaches to support.Top Influencing Factors: Trust, belief in the mission, and perceived urgency drive support across all generations. Transparency and privacy are especially important for younger generations, shaping their expectations for nonprofit communication.Barriers to Support: Economic constraints and time limitations are significant deterrents. A notable number of Gen Z and Millennial respondents report hesitancy due to concerns about nonprofit transparency and impact, underscoring the need for nonprofits to communicate their effectiveness.Acknowledgement Preferences: Email remains the most preferred form of recognition. However, Millennials and Gen Z value public recognition and detailed impact reporting, emphasising the importance of digital and personalised nonprofit engagement.

The report further provides actionable recommendations for nonprofits to effectively engage supporters across generations, including strategies to build trust, enhance volunteer programs, and diversify donation methods to meet evolving preferences. Get more information on Charitable Support Across Generations and access the full report here.

bbcon 2024 Sydney 
Publication of the new report follows the success of Blackbaud’s recent bbcon Sydney event, hosted in October. Over 100 Blackbaud customers, technology partners, expert speakers and Blackbaud staff attended the event to hear about the major waves of innovation that will transform the future of social impact for Blackbaud’s customers in the Australia and across the Asia Pacific region.

These announcements included a host of AI-powered solutions, enhanced functionality of Blackbaud’s core fundraising product, integrated payments experiences to help organisations raise and save more, and more flexibility to help customers extend their Blackbaud software. Breakout sessions provided the opportunity for delegates to hear best practices for fundraising, grantmaking, and corporate impact, as well as network with like-minded peers.

To learn more about Blackbaud’s most recent innovation, visit www.blackbaud.com.au/newsroom.

About Blackbaud Institute
The Blackbaud Institute develops leading-edge research and convenes expert voices to equip the social impact community with knowledge, insight, and confidence. The Blackbaud Institute draws from Blackbaud’s data set, the most comprehensive in the social impact community. In addition, the Institute facilitates public research studies to drive original qualitative and quantitative insight. Our research agenda is grounded in a commitment to topics that social impact organisations can apply immediately to better understand, benchmark, and improve their essential business operations. We are guided by our commitment to the social impact sector to provide timely, transparent, and well-rounded research that is free to access. From how organisations run to how donors give, we’re 100% focused on research and resources for this sector.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud’s essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud’s solutions are unleashing the potential of the people and organisations who change the world. Blackbaud has been named to Newsweek’s list of America’s Most Responsible Companies, Quartz’s list of Best Companies for Remote Workers, and Forbes’ list of America’s Best Employers. A remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com.au or follow us on X/Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
media@blackbaud.com

Forward-looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

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