Our comprehensive research on the Global Mobile Gaming Market (2023-2031) provides insights for businesses. It covers trends, investments, tech advancements, and major players. The report uses qualitative and statistical data from 2017-2031, including SWOT, BCG, PESTLE analysis, and visuals. It offers a full market landscape with stakeholder insights, regional outlooks, and financial considerations.
The global mobile gaming market size was US$ 73 billion in 2021. 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 14.1% during the forecast period from 2022 to 2030.
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Factors Influencing the Market
The increasing deployment of smartphones and the growing trend of gaming technologies are forecast to fuel the growth of the global mobile gaming market during the forecast period.
Mobile gaming market is forecast to gain traction, owing to the growing use of innovative platforms, such as Facebook and Instagram.
The wide range of gaming options is forecast to benefit the overall mobile gaming market.
The growing popularity of location-based games, cloud gaming, blockchain-based game, and AR/VR-enabled mobile games are forecast to surge the market growth during the forecast period.
The growing urban population and rising disposable income are likely to benefit the overall mobile gaming industry.
Technology advancements such as augmented reality and 5G Advertising videos are projected to improve quality and engagement. As a result, it will escalate the growth of the mobile gaming market.
Casual games, such as CandyCrush are gaining rapid popularity across the globe. The success of the casual game ‘Among Us’ can be attributed to key influencers adopting the game on gaming TV channels. Thus, it will surge the growth of the global mobile gaming market.
Regional Analysis
The Asia-Pacific mobile gaming market is forecast to dominate the global mobile gaming market in terms of revenue. The growth of the market is attributed to the rising demand for excellent online mobile games, particularly in emerging economies. In addition, the presence of prominent industry players will contribute to the growth of the global mobile gaming market. Growing disposable income and rising urbanization will also benefit the regional market.
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Competitors in the Market
- Pokémon Go
- Tencent
- Supercell
- PUBG
- Candy crush saga King
- Ludo king
- Aniplex
- Honor of king
- Fornite
- Roblox
- Toon blast
- Clash of clans
- Clash royal
- Marvel contest of champions
- Slotomania
- Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Mobile Gaming industry experienced notable growth in its workforce. Starting in January, employment within the Mobile Gaming sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Mobile Gaming output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Mobile Gaming output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Mobile Gaming market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Mobile Gaming market.
Market Segmentation
The global mobile gaming market segmentation focuses on Type, Platform, Subscription, and Region.
Based on the type, the mobile gaming market has been segmented into –
- Adventure
- Racing
- Casino
- Educational
- Action
- Sports
- Strategy
- Others
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Based on the platform, the mobile gaming market has been segmented into–
- Android
- iOS
- Others
Based onthe subscription, the mobile gaming market has been segmented into-
- Free
- Premium
Based onthe region, the mobile gaming market has been segmented into-
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
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Table of Contents:
Chapter 1: Introduction to the Global Mobile Gaming Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Mobile Gaming Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Mobile Gaming Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Mobile Gaming Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Mobile Gaming market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Mobile Gaming market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Mobile Gaming business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
• Assisting businesses in gauging the viability of new or existing products or services.
• Facilitating business enterprises in the identification and cultivation of novel market segments.
• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
• Analyzing market trends to aid businesses in devising adaptive strategies.
• Guiding businesses in the optimal placement of their products.
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