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The mobile gaming market is projected to grow at a high CAGR during the forecast period. Interestingly, according to a recent study by . The MarketWatch News Department was not involved in the creation of this content. 5.2 Augment Reality Gaming. Wiseguyreports.Com Adds "Mobile Gaming -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025" To Its Research Database . 5.4 Blockchain Based Game. Nearly everyone has a smartphone with games. It reached a market value of 174.9 billion dollars with an increase of 19.6%. 2021 Mobile Gaming Trends. The growing smartphone penetration and technology advancement with the increasing adoption. Several statistics support this approach. COVID-19 boosted game adoption in the market by 64% from $1.7 billion in Q1 2020 to $2.9 billion in Q3 2020. Let's look at some of the latest of this year 2021 that an Android game development company can consider including in their mobile games. 6. The Indian gaming industry is in its vital stage of technological development and user recognition. by 2027, at a CAGR of 11.5% during a forecast period. Now the recorded growth from 2019 to 2020 stood at 13.2%. With a near year right around the corner, here's our analysis of what you can expect from the mobile gaming industry trends in . The gaming industry is all set to catapult into 2022 with new developments and advancing technologies. Mobile Is Gaming's Fastest Growing Segment To start off, here are some exciting mobile game statistics that will provide you with insight into the current state of the mobile gaming market.. In the past few years, the mobile gaming market share has grown so dramatically that it has taken over the conventional console and PC gaming put together. Key Market Trends The Smartphone Segment is Expected to Witness Significant Growth Mobile gaming is the most favored form of gaming globally, overtaking both console and PC gaming. In 2019 global market gaming revenue was 152 billion, by the end of 2020 it is expected to reach $165.9 billion. The gaming industry exploded in 2020, growing 19.6% to over $174 billion, according to global gaming statistics from Newzoo. United States Gaming Market Research Report Consists: US Gaming Market Size/Value, Market Share, Industry Trends & Insights, Covid-19 Impact Analysis, Competitive Analysis, Market Segmentation . 5.4.2 Influence of COVID-19 Outbreak on Mobile Gaming Industry Development. These two features would make multi-player games super . According to Research and Market's report, by 2023, most of the revenue from gaming will come from mobile. The mobile gaming market analysis and trends in 2021 predict that voice recognition has the potential to become the next big thing in gaming. Data is available for 32 key countries/markets as well as on a global and regional scale. You'll learn all the essential information about the mobile gaming market, mobile gamers, monetization, advertising, and the most important mobile game KPIs. Mobile Phone Gaming Market 2022: Global Industry research report offers you market size, industry growth, share, development, trends, product demand, investment plans, business idea and forecasts. According to Newzoo, APAC is currently the largest and fastest-growing regional mobile game market. Courtesy of Razer. 6.1 Cloud Gaming 6.2 Augment Reality Gaming 6.3 Cross Platform Pay 6.4 Blockchain Based Game 6.5 Casual Games 6.6 Multiplayer Mobile Players Meanwhile, mobile gaming saw the largest positive impact from the lockdowns, but the low barrier to entry to mobile gaming means the lowest barrier to exit as well . And this is why even Tripple-A publishers are . The global mobile gaming market size was US$ 73 billion in 2021. Mobile gaming market is forecast to gain traction, owing to the growing use of innovative platforms, such as Facebook and Instagram. The mobile gaming industry trends predict that the mobile gaming market will continue to generate more and more revenue in the foreseeable future. Global Mobile Gaming Market Overview: The global mobile gaming market was valued at US$ 71.6 Bn. 5.1 Cloud Gaming. The global game market revenue for 2021 was $178.2 billion. According to Statista, 1.8 billion people have downloaded a mobile game for their smartphone. At $70.3 billion, the mobile gaming industry accounts for more than half of all global gaming revenue in 2018.. Additionally, mobile gaming apps accounted for . Newzoo predicted that mobile games would generate more than $85 billion in revenue in 2021 and more than $100 billion in 2023. Global Mobile Gaming Market was valued at US$ 71.6 Bn. Mobile Gaming Market Key Trends Analysis. Another trend among mobile game developers in 2021 is game monetization through in-game ads. Mobile games are gaming applications designed to be operated from mobile devices, such as smartphones, feature phones, pocket PCs, personal . This industry is a huge and dynamic market. In 2021, there were 3.9 billion smartphone users worldwide. Mobile Gaming Market size, share, other stats and dynamics such as emerging trends, market opportunity, drivers & challenges to market growth have been included in the latest report published by Goldstein Research. 12% increase in the number of players The mobile gaming industry recorded 12% more players in 2020 than in 2019, with over 2.5 billion players. Recording a 13.2% increase from 2019, the mobile gaming industry is slated to earn more than $77.2 billion by the end of 2020. To start off, here are some exciting mobile game statistics that will provide you with insight into the current state of the mobile gaming market. 5.4 Mobile Gaming Industry Development Trends under COVID-19 Outbreak. in 2020 and is expected to reach US$ 153.5 Bn. With a massive turnout of $77.2B in the just concluded year, there is no sign of slowing down in 2021. In addition, the growing popularity of . For 2022, that number is projected to go up to $196 billion. 6 MOBILE GAMING MARKET TRENDS 6.1 Cloud Gaming 6.2 Augment Reality Gaming 6.3 Cross Platform Pay 6.4 Blockchain Based Game 6.5 Casual Games 6.6 Multiplayer Mobile Players The growing adoption of innovative technologies for making games, as well as the increasing smartphone usage, is an important contributor to the growth of the market. As stated above, mobile gaming jumped in popularity in 2020—and because mobile and cloud gaming services have built-in social components and offer a wide variety of gaming options, they attract a more diverse audience. The wide range of gaming options is forecast to benefit the overall mobile gaming market. The global mobile gaming market is forecast to grow to US$ 218 billion by 2030 by growing at a compound annual growth rate (CAGR) of. US Gaming Trends and Stats . In 2019 global market gaming revenue was 152 billion, by the end of 2020 it is expected to reach $165.9 billion. Mobile And Handheld Gaming Market Outlook-2026. 5.3 Cross Platform Pay. The mobile gaming industry is constantly expanding, and millennials - usually defined as those born between 1981 and 1996 - are now the driving force. This is a comprehensive study that analyses market share, key categories . According to Adjust, mobile gaming is expected to reach $272B by 2030 APAC is the largest and fastest growing regional market for mobile gaming according to Unity 21% of Android and 25% of iOS apps downloaded are games according to Adjust Google Play revenue continues to increase at a greater level than iOS App Store revenue: 19.6% to 13.2% The COVID-19 pandemic certainly accelerated many trends in the games market, helping engagement spike across the globe. Millennials Vs Gen Z. Mobile Gaming Will Keep Evolving Rapidly. 6 MOBILE GAMING MARKET TRENDS . The mobile game industry is one of the highest performing industries globally in 2020. Over the coming year, the move to 5G and the introduction of new devices will spur the growth of hyper . Newzoo estimates that by the end of 2020, that number will hit $76.7B - a 12% increase. According to VentureLab, the number of active mobile gamers has reached to 2221.9 billion by September 2019. General Mobile Gaming Statistics for 2022. 5.5 Casual Games. The U.S itself recorded US$15.1 Billion as a revenue of the Mobile Gaming Market in 2020. United States Gaming Market Research Report Consists: US Gaming Market Size/Value, Market Share, Industry Trends & Insights, Covid-19 Impact Analysis, Competitive Analysis, Market Segmentation . Trends, and Market Forecast 2016-2024. The market trends of the mobile gaming industry are changing and coming with new trends, and it is essential to keep up with them to stay in the competition and ace it. May 05, 2022 (Market Insight Reports) -- Global Mobile Gaming Market Report by Market Study report scrutinizes the . Some of them are: 74% of the United States mobile gamers would watch an in-game ad if they get an in-app perk in return; 82% of mobile gamers prefer free . And change will continue until 2023, with a market value of $ 217.9 billion. 5.4.1 Global COVID-19 Status Overview. Trend #2: In-game ads, the key to Monetizing gaming apps. It's estimated that number will reach 2.2 billion by 2025. In 2020, the mobile gaming content market was worth an estimated 104 billion U.S. dollars, and according to the latest projections, this figure will surpass 121 billion by 2022 as mobile adoption . See All. There are around 2.2 billion people gaming online worldwide, with more than half of them playing more . Mobile game brands. According to the report published by Mobile Marketing Association (MMA) mobile gaming is the fastest-growing sector in the country and has witnessed 40 percent growth in 2019-2020, expected to grow three-fold in the next 5 years. 1. The growing popularity of location-based games, cloud gaming, blockchain-based game, and AR/VR-enabled mobile games are . Newzoo states that the number of mobile gamers in 2020 will peak at 2.6 billion, of which, 38 percent will pay for games. An Inside Look At The Massive $70 Billion Dollar Mobile Gaming Industry [INFOGRAPHIC] UPDATE February 6, 2019 — The global gaming market is expected to exceed $180 billion in revenues in 2021, growing 30.6% from $137.9 billion in 2018. GoNewsIndia expects that the video game industry will reach $196 billion by 2022. Mobile game revenues accounted for 49% of the global market in 2020. 3% during the forecast period, 2021 - 2026. Emerging markets such as India, Brazil, and Russia achieved double-digit year-over-year download growth in Q1 2021. Mordor Intelligence estimates, the global video game market will hit $314.40 billion by 2026. According to data from AppsFlyer reported on in an article by Marketing Dive . And whether we see similar growth in 2021, what is clear that some long term trends will continue to accelerate change. The growing smartphone penetration and technology advancement with the increasing adoption of trending technologies for developing games are major factors in developing the mobile gaming industry. Technavio. Top-grossing mobile games include Honor of Kings, Gardenscapes, Candy Crush Saga, Last Shelter: Survival, and Pokemon GO. The mobile gaming market is expected to register a CAGR of 12.3% during the forecast period, 2021 - 2026. . Mobile gaming market is forecast to gain traction, owing to the growing use of innovative platforms, such as Facebook and Instagram. Analyze the latest mobile (gaming) market trends and market developments toward 2023. Experts are expecting a projected market size of US$48 Billion, straggling a CAGR of 11.9% by 2027 when we talk about China, which is also known as the world?s second largest economy. The arrival of new users has led to growth in the Global Gaming market. Rice Husk Ash Market 2020 Global . It has been estimated that by 2022, the mobile gaming industry statistics would hit almost 200 billion dollars. 1. 3% during the forecast period, 2021 - 2026. The MarketWatch News Department was not involved in the creation of this content. The growing adoption of innovative technologies for making games, as well as the increasing smartphone usage, is an important contributor to the growth of the market. 5.6 Multiplayer Mobile Players. Use these mobile gaming statistics to get ahead of the competition and win in 2022. In 2019, global mobile game revenue grew to $68.5B. 5 MOBILE GAMING MARKET TRENDS 5.1 Cloud Gaming 5.2 Augment Reality Gaming 5.3 Cross Platform Pay 5.4 Blockchain Based Game 5.5 Casual Games 5.6 Multiplayer Mobile Players 6 KEY MONETIZATIONS METHODS The gaming market is fragmented as the demand for online games and increasing penetration of mobile applications across the US, the UK, Italy, and China & SAR region will help attract new players . Number of Apps Installed To overcome these challenges, the market would witness some key trends like metaverse in gaming industry, adoption of cloud gaming, E-sports, expansion of 5G, rise of cryptocurrency, and integration of board games in cafes. May 05, 2022 (Market Insight Reports) -- Global Mobile Gaming Market Report by Market Study report scrutinizes the . It will help you make lucrative business decision as it contains SWOT analysis, company profiling, business strategies of market players and their business models. Global Mobile Game Market Size, Share, Statistics, Growth Rate, and Trends Analysis Report by Application (Entertainment, Education and Electronic Sports), By Age Group (Children, Teenagers, and Adults), By Game Type (Puzzle, Action/Adventure, Arcade, Simulation, Strategy, Sports, and Others), By Platform (Android, iOS, and Others) and By Type (Online and Offline) and By Region - Global . The growing popularity of location-based games, cloud gaming, blockchain-based game, and AR/VR-enabled mobile games are . 5 MOBILE GAMING MARKET TRENDS. The mobile games market is expected to register a CAGR of 14% during the forecast period, 2020-2025. The statistics that support these trends, as well as quotes from mobile and gaming experts, shine a light on key trends around 5G, top-grossing titles, in-game advertising, and connected communities that expect more innovation from developers. China Mobile Gaming Market size, share, other stats and dynamics such as emerging trends, market opportunity, drivers & challenges to market growth have been included in the latest report published by Goldstein Research. This is because smartphones are handy, and it can be used for various activities. A handheld game console is a portable device with self-contained video game application which has built-in screen, game controls, and speakers as one unit. The global mobile gaming market size was $93,163.8 million in 2021, and it is expected to grow at a CAGR of 12.2% during 2021-2030. Sensor Tower is the leading provider of market intelligence for the global app economy. According to App Annie, casual games dominate downloads, with the popularity of easy-to-use mobile games on track to surpass $120 billion in consumer spending in 2021, capturing 1.5 times the market of all other gaming platforms combined. As per the mobile gaming market research report, the global market for mobile gaming is projected to grow . Market Research Report closely monitors leading competitors, including micro and macro market trends, strategic analysis, market conditions, price analysis and overall synopsis of market circumstances over the forecast period. In addition to an increased usage of mobile phones for gaming, the rise of e-sports will also influence the kinds of games that developers . The trends in online gaming reflect what audiences want. The mobile gaming market is expected to register a CAGR of 12. While the global mobile gaming market's value was an impressive $151.9 billion in 2019, 2022 should see this figure rises to $165.9 billion. The global game market revenue for 2021 was $178.2 billion. While in 2021, the number spiked to over 2.80 billion. Mobile gaming monetization is leveling up. In fact, between January and February 2020, downloads of mobile games increased by 284.3 million in China alone. 6 KEY MONETIZATION . While the market has been on a constant rise since 1997, the increase in . Of course, this engagement trickles into spending. In 2021, there were 3.9 billion smartphone users worldwide. In addition, the growing popularity of . The wide range of gaming options is forecast to benefit the overall mobile gaming market. In fact, its revenue rose to $111 million. Current Trends in the Mobile Gaming Industry. It is not hard to believe that the video game industry is growing . The "Mobile Gaming Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021-2026)" report has been added to ResearchAndMarkets.com's offering. . in 2020. Mobile held a larger share of the market in . It has affected the gaming industry as well as the growth of . Jump to our infographic to see even more stats around the future of mobile gaming. For 2022, that number is projected to go up to $196 billion. Have a look at these statistics: In 2015, the gaming population amounted to 2 billion people. The worth of the mobile gaming industry's revenues was expected to touch $77.2 billion by 2020. While the market has been on a constant rise since 1997, the increase in . Despite the positive state of mobile gaming today, it still has a long way to go before it gets back to its former glory. General Mobile Gaming Statistics for 2022. One of the main reasons for mobile gaming's popularity is accessibility. Sensor Tower provides enterprise level data on apps and publishers through its Store Intelligence platform, which offers download and revenue metrics for the world's most important mobile gaming markets. From the very early days of mobile technology, games have been considered an essential addition to a mobile phone.Over the last few years, the number of games available to play on mobile devices has increased significantly and there are games of every type to suit everyone's playing style.. Gaming Software Market Outlook: Global Industry and Demand Analysis, Trends, Size . As per VentureLab, playing games account for 43% of . In 2020, the mobile gaming content market in North America was worth an estimated 25.2 billion U.S. dollars, with healthy growth forecasted for the . 9 Big Trends in Gaming 1. They further estimate it will top $217 billion by 2023, and much of this expansion is from mobile gaming. Use these mobile gaming statistics to get ahead of the competition and win in 2022. Mobile Gaming Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) The mobile gaming market is expected to register a CAGR of 12. You'll learn all the essential information about the mobile gaming market, mobile gamers, monetization, advertising, and the most important mobile game KPIs. The Korean gaming market can be segmented as follows: Mobile, PC and Consoles. A primary reason is the lack of strong brands. The global mobile gaming market size was $93,163.8 million in 2021, and it is expected to grow at a CAGR of 12.2% during 2021-2030. Current Trends in the Mobile Gaming Industry In the past few years, the mobile gaming market share has grown so dramatically that it has taken over the conventional console and PC gaming put together. The narrative of gamers being young, tech-savvy males has shifted to a more diversified audience. Customers are looking to hire a mobile app developer in the global market. Discover mobile-game market revenues and forecasts, smartphone user numbers and forecasts, and number of 5G-ready smartphones and forecasts. The mobile gaming industry remains profitable due to factors such as sponsorships, subscriptions, paid to advertise, and in-app purchases. According to Game Analytics, in Q1 of 2020 the number of mobile gamers grew from 1.2 billion people to 1.75 billion per month, which represents an increase of 46 percent. Of course, publishers like Supercell and King are making extraordinary steps . Just before August 2018, the previous 18 months generated . 5 MOBILE GAMING MARKET TRENDS 5.1 Cloud Gaming 5.2 Augment Reality Gaming 5.3 Cross Platform Pay 5.4 Blockchain Based Game 5.5 Casual Games 5.6 Multiplayer Mobile Players 6 KEY MONETIZATIONS. NEW YORK, July 29, 2021 /PRNewswire/ -- The mobile gaming market is poised to grow by USD 63.66 billion during 2021-2025, decelerating at a CAGR of almost 13% during the forecast period. China 's local mobile gaming revenue grew 31% year-on-year to $29.2 billion in 2020, notching the highest annual growth rate since 2017, according to market research . The share of the mobile gaming industry is $ 86.3 billion. Pune, India - June 10, 2019 /MarketersMedia/ — Mobile Gaming Market Research Report 2018 Global Industry Size, Growth Factor, Future Trends, Share, And Key Country Analysis 2018" is latest market research report on Mobile Gaming Industry Research Report, which provides comprehensive information on Global Mobile Gaming Market Research Report by Type (Action or Adventure, Casino, Sports & Role . That can stretch up to an amount that would overtake the combined revenues of the. As smartphone penetration in India increased in recent years, it has become the largest market for mobile game downloads. Below are five exciting trends that are shaping the future of mobile gaming. This is up 18% month-over-month. 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