Mobile games make much more money than PC and console games
Games
A study reveals that mobile games are more important to PCs and game consoles than the game industry.
A new Gaming Spotlight 2022 report from data.ai and IDC reveals: mobile gaming accounts for 61% of the overall gaming marketIt will reach $222,000 million in 2022. The study reveals that the potential of mobile games in recent years has exceeded the entire “classic” video game industry focused on video game consoles and computers.
During 2021, there was an increase in the level of earnings from mobile games, and 2022 confirms this trend as follows: 30% increased profits if we buy them at pre-pandemic levels.
“The report reveals that mobile games will grow 1.7 times faster than the total games market in 2022, exceeding $136 billion. Globally, users downloaded 45% more mobile games per week than pre-pandemic levels and registered more than 1.1 billion games per week in the first quarter of 2021. In the first quarter of 2022, consumers spent more than $1.6 billion per week on mobile games on iOS and Google Play, up 30% from pre-pandemic levels.“.
Mobile games have grown to surpass classic games
China led growth in the first quarter of 2022, while North America and Western Europe accounted for half of mobile gaming spending. The report also shows that democratizing mobile gaming and mobile genre preferences are more diverse, with 8 different sub-genres represented among the top 10 games.
Mobile is democratizing the space and is now the main driver of growth in digital gaming consumption. We’re seeing greater diversity in game genres, allowing publishers to serve new players of all generations and genres.
This popularity Boosted live streaming and monetization on platforms like Twitch “The game has seen rapid growth in engagement, prioritizing community-building features that foster real-time connection and interactions between streamers and viewers.”
this Services like the App Store and Apple Arcade demonstrate the enormous potential of this market and participants in its growth. The power of smartphones allows us to have games of a quality close to game consoles, so it makes sense for them to grow that much. Almost everyone has a smartphone, but not many have a computer or console.
Source: i Padizate