INDUSTRY OVERVIEW
The Video Games market is experiencing robust growth, projected to achieve a compound annual growth rate CAGR of 8.00% during the forecast period. Valued at USD200Billion, the market is expected to reach USD300Billion by 2030, with a year-on-year growth rate of 7.00%. This upward trajectory is driven by factors such as evolving consumer preferences, technological advancements, and increased investment in innovation, positioning the market for significant expansion in the coming years. Companies should strategically focus on enhancing their offerings and exploring new market opportunities to capitalize on this growth potential.
Video Games Market Size in (USD Billion) CAGR Growth Rate 8.00%
| Study Period |
2024-2030 |
| Market Size (2019): |
USD200Billion |
| Market Size (2030): |
USD300Billion |
| CAGR (2019 - 2030): |
8.00% |
| Fastest Growing Region |
Asia-Pacific |
| Dominating Region |
North America |
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The Video Games Market encompasses the development, production, and distribution of video games for various platforms, including consoles, PC, mobile devices, and virtual reality systems. The market is driven by the increasing global consumer base for gaming, including casual, competitive, and esports players. Advances in gaming technology, such as high-definition graphics, augmented reality (AR), virtual reality (VR), and cloud gaming, have transformed the gaming experience, attracting a wider audience. The rise of online multiplayer games, subscription-based services, and microtransactions has further expanded the market. Esports, professional gaming tournaments, and live-streaming platforms like Twitch have also contributed to the market’s growth. Additionally, the increasing popularity of mobile gaming, with smartphone apps and casual games, is driving substantial revenue in the industry. The growing demand for immersive gaming experiences, social gaming, and the rise of gaming influencers and content creators are key factors in the market’s ongoing expansion.
Regulatory Framework
The Information and Communications Technology (ICT) industry is primarily regulated by the Federal Communications Commission (FCC) in the United States, along with other national and international regulatory bodies. The FCC oversees the allocation of spectrum, ensures compliance with telecommunications laws, and fosters fair competition within the sector. It also establishes guidelines for data privacy, cybersecurity, and service accessibility, which are crucial for maintaining industry standards and protecting consumer interests.
Globally, various regulatory agencies, such as the European Telecommunications Standards Institute (ETSI) and the International Telecommunication Union (ITU), play significant roles in standardizing practices and facilitating international cooperation. These bodies work together to create a cohesive regulatory framework that addresses emerging technologies, cross-border data flow, and infrastructure development. Their regulations aim to ensure the ICT industry's growth is both innovative and compliant with global standards, promoting a secure and competitive market environment.
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Key Highlights
• The Video Games is growing at a CAGR of 8.00% during the forecasted period of 2024 to 2030
• Year on Year growth for the market is 7.00%
• Based on type, the market is bifurcated into Console Games, PC Games, Mobile Games, Online Games
• Based on application, the market is segmented into Gamers, Casual Gamers, Esports Enthusiasts, Families, Children
• Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Market Segmentation Analysis
Segmentation by Type
- Console Games
- PC Games
- Mobile Games
- Online Games
Video Games Market Segmentation by Type
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Segmentation by Application
- Gamers
- Casual Gamers
- Esports Enthusiasts
- Families
- Children
Video Games Market Segmentation by Application
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Key Players
Several key players in the Video Games market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 7.00%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
- Tencent
- Sony Interactive Entertainment
- Microsoft
- Activision Blizzard
- Nintendo
- Electronic Arts
- Ubisoft
- Epic Games
- Take-Two Interactive
- Bandai Namco
- Valve Corporation
- Square Enix
- Sega
- Riot Games
Video Games Market Segmentation by Players
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Research Methodology
At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.
Market Dynamics
Market dynamics refer to the forces that influence the supply and demand of products and services within a market. These forces include factors such as consumer preferences, technological advancements, regulatory changes, economic conditions, and competitive actions. Understanding market dynamics is crucial for businesses as it helps them anticipate changes, identify opportunities, and mitigate risks.
By analyzing market dynamics, companies can better understand market trends, predict potential shifts, and develop strategic responses. This analysis enables businesses to align their product offerings, pricing strategies, and marketing efforts with evolving market conditions, ultimately leading to more informed decision-making and a stronger competitive position in the marketplace.
Market Driver
- Increasing Global Gaming Population, Advancements In Gaming Technology, Increasing Popularity Of Esports And Streaming
Market Trend
- Cloud Gaming, Esports, Virtual Reality (VR), Augmented Reality (AR), Mobile Gaming
Opportunity
- Increasing Global Gaming Population, Advancements In Gaming Technology, Increasing Popularity Of Esports And Streaming
Challenge
- Competition, Development Costs, Piracy, Changing Consumer Preferences
Regional Outlook
The North America Region holds the largest market share in 2019 and is expected to grow at a good CAGR. The Asia-Pacific Region is the fastest-growing region due to increasing development and disposable income.
North America remains a leader, driven by innovation hubs like Silicon Valley and a strong demand for advanced technologies such as AI and cloud computing. Europe is characterized by robust regulatory frameworks and significant investments in digital transformation across sectors. Asia-Pacific is experiencing rapid growth, led by major markets like China and India, where increasing digital adoption and governmental initiatives are propelling ICT advancements.
The Middle East and Africa are witnessing steady expansion, driven by infrastructure development and growing internet penetration. Latin America and South America present emerging opportunities, with rising investments in digital infrastructure, though challenges like economic instability can impact growth. These regional differences highlight the need for tailored strategies in the global ICT market.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia-Pacific
Dominating Region
North America
|
Report Features
|
Details
|
|
Base Year
|
2019
|
|
Based Year Market Size (2019)
|
USD200Billion
|
|
Historical Period Market Size (2024)
|
USD180Billion
|
|
CAGR (2019 to 2030)
|
8.00%
|
|
Forecast Period
|
2025 to 2030
|
|
Forecasted Period Market Size (2030)
|
USD300Billion
|
|
Scope of the Report
|
Console Games, PC Games, Mobile Games, Online Games, Gamers, Casual Gamers, Esports Enthusiasts, Families, Children
|
|
Regions Covered
|
North America, Europe, Asia Pacific, South America, and MEA
|
|
Year on Year Growth
|
7.00%
|
|
Companies Covered
|
Tencent, Sony Interactive Entertainment, Microsoft, Activision Blizzard, Nintendo, Electronic Arts, Ubisoft, Epic Games, Take-Two Interactive, Bandai Namco, Valve Corporation, Square Enix, Sega, Riot Games
|
|
Customization Scope
|
15% Free Customization (For EG)
|
|
Delivery Format
|
PDF and Excel through Email
|
Video Games - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Video Games Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Video Games Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Video Games Market Business Environment & Changing Dynamics
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3.1 Growth Drivers
- 3.1.1 Increasing Global Gaming Population, Advancements in Gaming Technology, Increasing Popularity of Esports and Streaming
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3.2 Available Opportunities
- 3.2.1 Increasing Global Gaming Population, Advancements in Gaming Technology, Increasing Popularity of Esports and Streaming
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3.3 Influencing Trends
- 3.3.1 Cloud Gaming, Esports, Virtual Reality (VR), Augmented Reality (AR), Mobile Gaming
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3.4 Challenges
- 3.4.1 Competition, Development Costs, Piracy, Changing Consumer Preferences
- 3.5 Regional Dynamics
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Chapter 4 : Global Video Games Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Video Games Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Video Games : Competition Benchmarking & Performance Evaluation
- 5.1 Global Video Games Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Video Games Revenue 2019
- 5.3 BCG Matrix
- 5.3 Market Entropy
- 5.4 Ansoff Matrix
- 5.5 FPNV Positioning Matrix
Chapter 6: Global Video Games Market: Company Profiles
- 6.1 Tencent
- 6.1.1 Tencent Company Overview
- 6.1.2 Tencent Product/Service Portfolio & Specifications
- 6.1.3 Tencent Key Financial Metrics
- 6.1.4 Tencent SWOT Analysis
- 6.1.5 Tencent Development Activities
- 6.2 Sony Interactive Entertainment
- 6.3 Microsoft
- 6.4 Activision Blizzard
- 6.5 Nintendo
- 6.6 Electronic Arts
- 6.7 Ubisoft
- 6.8 Epic Games
- 6.9 Take-Two Interactive
- 6.10 Bandai Namco
- 6.11 Valve Corporation
- 6.12 Square Enix
- 6.13 Sega
- 6.14 Riot Games
- 6.15 CD Projekt
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Chapter 7 : Global Video Games by Type & Application (2024-2030)
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7.1 Global Video Games Market Revenue Analysis (USD Million) by Type (2024-2019)
- 7.1.1 Console Games
- 7.1.2 PC Games
- 7.1.3 Mobile Games
- 7.1.4 Online Games
- 7.1.5 Virtual Reality (VR) Games
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7.2 Global Video Games Market Revenue Analysis (USD Million) by Application (2024-2019)
- 7.2.1 Gamers
- 7.2.2 Casual Gamers
- 7.2.3 Esports Enthusiasts
- 7.2.4 Families
- 7.2.5 Children
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7.3 Global Video Games Market Revenue Analysis (USD Million) by Type (2019-2030)
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7.4 Global Video Games Market Revenue Analysis (USD Million) by Application (2019-2030)
Chapter 8 : North America Video Games Market Breakdown by Country, Type & Application
- 8.1 North America Video Games Market by Country (USD Million) [2024-2019]
- 8.1.1 United States
- 8.1.2 Canada
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8.2 North America Video Games Market by Type (USD Million) [2024-2019]
- 8.2.1 Console Games
- 8.2.2 PC Games
- 8.2.3 Mobile Games
- 8.2.4 Online Games
- 8.2.5 Virtual Reality (VR) Games
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8.3 North America Video Games Market by Application (USD Million) [2024-2019]
- 8.3.1 Gamers
- 8.3.2 Casual Gamers
- 8.3.3 Esports Enthusiasts
- 8.3.4 Families
- 8.3.5 Children
- 8.4 North America Video Games Market by Country (USD Million) [2020-2030]
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8.5 North America Video Games Market by Type (USD Million) [2020-2030]
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8.6 North America Video Games Market by Application (USD Million) [2020-2030]
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Chapter 9 : LATAM Video Games Market Breakdown by Country, Type & Application
- 9.1 LATAM Video Games Market by Country (USD Million) [2024-2019]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
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9.2 LATAM Video Games Market by Type (USD Million) [2024-2019]
- 9.2.1 Console Games
- 9.2.2 PC Games
- 9.2.3 Mobile Games
- 9.2.4 Online Games
- 9.2.5 Virtual Reality (VR) Games
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9.3 LATAM Video Games Market by Application (USD Million) [2024-2019]
- 9.3.1 Gamers
- 9.3.2 Casual Gamers
- 9.3.3 Esports Enthusiasts
- 9.3.4 Families
- 9.3.5 Children
- 9.4 LATAM Video Games Market by Country (USD Million) [2020-2030]
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9.5 LATAM Video Games Market by Type (USD Million) [2020-2030]
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9.6 LATAM Video Games Market by Application (USD Million) [2020-2030]
Chapter 10 : West Europe Video Games Market Breakdown by Country, Type & Application
- 10.1 West Europe Video Games Market by Country (USD Million) [2024-2019]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
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10.2 West Europe Video Games Market by Type (USD Million) [2024-2019]
- 10.2.1 Console Games
- 10.2.2 PC Games
- 10.2.3 Mobile Games
- 10.2.4 Online Games
- 10.2.5 Virtual Reality (VR) Games
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10.3 West Europe Video Games Market by Application (USD Million) [2024-2019]
- 10.3.1 Gamers
- 10.3.2 Casual Gamers
- 10.3.3 Esports Enthusiasts
- 10.3.4 Families
- 10.3.5 Children
- 10.4 West Europe Video Games Market by Country (USD Million) [2020-2030]
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10.5 West Europe Video Games Market by Type (USD Million) [2020-2030]
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10.6 West Europe Video Games Market by Application (USD Million) [2020-2030]
Chapter 11 : Central & Eastern Europe Video Games Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Video Games Market by Country (USD Million) [2024-2019]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
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11.2 Central & Eastern Europe Video Games Market by Type (USD Million) [2024-2019]
- 11.2.1 Console Games
- 11.2.2 PC Games
- 11.2.3 Mobile Games
- 11.2.4 Online Games
- 11.2.5 Virtual Reality (VR) Games
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11.3 Central & Eastern Europe Video Games Market by Application (USD Million) [2024-2019]
- 11.3.1 Gamers
- 11.3.2 Casual Gamers
- 11.3.3 Esports Enthusiasts
- 11.3.4 Families
- 11.3.5 Children
- 11.4 Central & Eastern Europe Video Games Market by Country (USD Million) [2020-2030]
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11.5 Central & Eastern Europe Video Games Market by Type (USD Million) [2020-2030]
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11.6 Central & Eastern Europe Video Games Market by Application (USD Million) [2020-2030]
Chapter 12 : Northern Europe Video Games Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Video Games Market by Country (USD Million) [2024-2019]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
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12.2 Northern Europe Video Games Market by Type (USD Million) [2024-2019]
- 12.2.1 Console Games
- 12.2.2 PC Games
- 12.2.3 Mobile Games
- 12.2.4 Online Games
- 12.2.5 Virtual Reality (VR) Games
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12.3 Northern Europe Video Games Market by Application (USD Million) [2024-2019]
- 12.3.1 Gamers
- 12.3.2 Casual Gamers
- 12.3.3 Esports Enthusiasts
- 12.3.4 Families
- 12.3.5 Children
- 12.4 Northern Europe Video Games Market by Country (USD Million) [2020-2030]
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12.5 Northern Europe Video Games Market by Type (USD Million) [2020-2030]
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12.6 Northern Europe Video Games Market by Application (USD Million) [2020-2030]
Chapter 13 : Southern Europe Video Games Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Video Games Market by Country (USD Million) [2024-2019]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
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13.2 Southern Europe Video Games Market by Type (USD Million) [2024-2019]
- 13.2.1 Console Games
- 13.2.2 PC Games
- 13.2.3 Mobile Games
- 13.2.4 Online Games
- 13.2.5 Virtual Reality (VR) Games
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13.3 Southern Europe Video Games Market by Application (USD Million) [2024-2019]
- 13.3.1 Gamers
- 13.3.2 Casual Gamers
- 13.3.3 Esports Enthusiasts
- 13.3.4 Families
- 13.3.5 Children
- 13.4 Southern Europe Video Games Market by Country (USD Million) [2020-2030]
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13.5 Southern Europe Video Games Market by Type (USD Million) [2020-2030]
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13.6 Southern Europe Video Games Market by Application (USD Million) [2020-2030]
Chapter 14 : East Asia Video Games Market Breakdown by Country, Type & Application
- 14.1 East Asia Video Games Market by Country (USD Million) [2024-2019]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
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14.2 East Asia Video Games Market by Type (USD Million) [2024-2019]
- 14.2.1 Console Games
- 14.2.2 PC Games
- 14.2.3 Mobile Games
- 14.2.4 Online Games
- 14.2.5 Virtual Reality (VR) Games
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14.3 East Asia Video Games Market by Application (USD Million) [2024-2019]
- 14.3.1 Gamers
- 14.3.2 Casual Gamers
- 14.3.3 Esports Enthusiasts
- 14.3.4 Families
- 14.3.5 Children
- 14.4 East Asia Video Games Market by Country (USD Million) [2020-2030]
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14.5 East Asia Video Games Market by Type (USD Million) [2020-2030]
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14.6 East Asia Video Games Market by Application (USD Million) [2020-2030]
Chapter 15 : Southeast Asia Video Games Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Video Games Market by Country (USD Million) [2024-2019]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
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15.2 Southeast Asia Video Games Market by Type (USD Million) [2024-2019]
- 15.2.1 Console Games
- 15.2.2 PC Games
- 15.2.3 Mobile Games
- 15.2.4 Online Games
- 15.2.5 Virtual Reality (VR) Games
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15.3 Southeast Asia Video Games Market by Application (USD Million) [2024-2019]
- 15.3.1 Gamers
- 15.3.2 Casual Gamers
- 15.3.3 Esports Enthusiasts
- 15.3.4 Families
- 15.3.5 Children
- 15.4 Southeast Asia Video Games Market by Country (USD Million) [2020-2030]
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15.5 Southeast Asia Video Games Market by Type (USD Million) [2020-2030]
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15.6 Southeast Asia Video Games Market by Application (USD Million) [2020-2030]
Chapter 16 : South Asia Video Games Market Breakdown by Country, Type & Application
- 16.1 South Asia Video Games Market by Country (USD Million) [2024-2019]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
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16.2 South Asia Video Games Market by Type (USD Million) [2024-2019]
- 16.2.1 Console Games
- 16.2.2 PC Games
- 16.2.3 Mobile Games
- 16.2.4 Online Games
- 16.2.5 Virtual Reality (VR) Games
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16.3 South Asia Video Games Market by Application (USD Million) [2024-2019]
- 16.3.1 Gamers
- 16.3.2 Casual Gamers
- 16.3.3 Esports Enthusiasts
- 16.3.4 Families
- 16.3.5 Children
- 16.4 South Asia Video Games Market by Country (USD Million) [2020-2030]
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16.5 South Asia Video Games Market by Type (USD Million) [2020-2030]
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16.6 South Asia Video Games Market by Application (USD Million) [2020-2030]
Chapter 17 : Central Asia Video Games Market Breakdown by Country, Type & Application
- 17.1 Central Asia Video Games Market by Country (USD Million) [2024-2019]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
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17.2 Central Asia Video Games Market by Type (USD Million) [2024-2019]
- 17.2.1 Console Games
- 17.2.2 PC Games
- 17.2.3 Mobile Games
- 17.2.4 Online Games
- 17.2.5 Virtual Reality (VR) Games
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17.3 Central Asia Video Games Market by Application (USD Million) [2024-2019]
- 17.3.1 Gamers
- 17.3.2 Casual Gamers
- 17.3.3 Esports Enthusiasts
- 17.3.4 Families
- 17.3.5 Children
- 17.4 Central Asia Video Games Market by Country (USD Million) [2020-2030]
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17.5 Central Asia Video Games Market by Type (USD Million) [2020-2030]
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17.6 Central Asia Video Games Market by Application (USD Million) [2020-2030]
Chapter 18 : Oceania Video Games Market Breakdown by Country, Type & Application
- 18.1 Oceania Video Games Market by Country (USD Million) [2024-2019]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
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18.2 Oceania Video Games Market by Type (USD Million) [2024-2019]
- 18.2.1 Console Games
- 18.2.2 PC Games
- 18.2.3 Mobile Games
- 18.2.4 Online Games
- 18.2.5 Virtual Reality (VR) Games
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18.3 Oceania Video Games Market by Application (USD Million) [2024-2019]
- 18.3.1 Gamers
- 18.3.2 Casual Gamers
- 18.3.3 Esports Enthusiasts
- 18.3.4 Families
- 18.3.5 Children
- 18.4 Oceania Video Games Market by Country (USD Million) [2020-2030]
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18.5 Oceania Video Games Market by Type (USD Million) [2020-2030]
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18.6 Oceania Video Games Market by Application (USD Million) [2020-2030]
Chapter 19 : MEA Video Games Market Breakdown by Country, Type & Application
- 19.1 MEA Video Games Market by Country (USD Million) [2024-2019]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
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19.2 MEA Video Games Market by Type (USD Million) [2024-2019]
- 19.2.1 Console Games
- 19.2.2 PC Games
- 19.2.3 Mobile Games
- 19.2.4 Online Games
- 19.2.5 Virtual Reality (VR) Games
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19.3 MEA Video Games Market by Application (USD Million) [2024-2019]
- 19.3.1 Gamers
- 19.3.2 Casual Gamers
- 19.3.3 Esports Enthusiasts
- 19.3.4 Families
- 19.3.5 Children
- 19.4 MEA Video Games Market by Country (USD Million) [2020-2030]
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19.5 MEA Video Games Market by Type (USD Million) [2020-2030]
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19.6 MEA Video Games Market by Application (USD Million) [2020-2030]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
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21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
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21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
