Mobile gaming market accounts for 52% of the entire gaming market
According to Newzoo’s research data, 52 percent of the game market comes from mobile games. In addition, by the end of 2023, the global gaming market is expected to reach a volume of $ 204.6 billion.
We all know how big the gaming industry has become today. This sector, which previously appealed to a certain segment, has now started to appeal to people of all ages. As a result of the epidemic, the sector has grown well over the past two years.
$ 90 Billion Of Gaming Revenue From Mobile
The highest growth in the gaming market since 2012 was in 2020, which saw an annual increase of 23.1 percent, according to data recently released by Newzoo. In 2020, the gaming market generated $ 177.8 billion in revenue. Revenue is expected to reach $ 175.8 billion by the end of 2021. The biggest reason why last year was higher than this year is undoubtedly that we spent most of the year at home because of the epidemic.
We have said that mobile games have a large share in the growth of the game sector. Of the $ 175.8 billion in revenue expected to be reached at the end of the year, $ 90.7 billion is expected to come from mobile games. If a result comes as expected, it means that mobile games will account for approximately 52 percent of the game market.