Mobile Gaming Industry
Newzoo states that the number of mobile gamers in 2020 will peak at 2 6 billion of which 38 will pay for games.
Mobile gaming industry. Smartphone gaming revenue was estimated at over 63 billion u s. The largest sector of this was mobile gaming which was estimated to be worth 63 2 billion 47 of the global games market. Mobile game industry statistics. Moreover forecasts suggest that.
Mobile gaming industry provides you mobile gaming news updates information and everything else related to mobile gaming and mobile gamers. The development of mobile games has resulted in scalability for the gaming industry. Mobile game industry statistics according to gameanalytics in q1 2020 the number of mobile gamers grew from 1 2 billion people to 1 75 billion per month marking an increase of 46. Within a ten year period the sector has gone from being the smallest gaming.
Many governments around the globe are also establishing funds to support local gaming industry. App annie predicts that in 2020 consumers will collectively spend 674b hours on mobile devices up from 558b in 2019. At 70 3 billion the mobile gaming industry accounts for more than half of all global gaming revenue in 2018. Platforms like facebook and instagram have also started to develop innovative mobile games to ensure high product differentiation and benefit from engaging games to enhance their advertisement strategies.
Within the aforementioned global games market report it was concluded that mobile gaming is once again leading the way. According to sensor tower in q3 2019 out of the 792k publishers on both apple s app store and google play 108k of them are game publishers. In cloud gaming the server where all the games are stored does all the computation work which includes game scene rendering game logic processing video encoding and video streaming. Mobile gaming industry almost 50 of the global games market according to revised newzoo research the global games market was predicted to be worth 134 9 billion in 2018.
Additionally mobile gaming apps accounted for 76 of all app revenue down from 82 in 2017 as non gaming apps continue to improve monetization. That s close to 15. Dollars worldwide in 2020 with revenue from tablet games reaching 13 7 billion u s.