The mobile gaming market has surged exponentially in recent years, revolutionizing how gamers worldwide play games. Be it proliferated smartphone penetration, or the introduction of 5G networks, the gaming market is evolving at a skyrocketed pace. This blog discusses the mobile gaming market globally which includes stats, size, facts, and trends of the same. It’ll help you know how the mobile gaming industry will be impacting the world in the upcoming years.
Did you know?
Among all the categories, the gaming apps, with 11.86% of the total share, were the most popular app category available on Apple’s App Store in the second quarter of 2024. At the same time, with 11.69% of the total share, gaming apps were the most sought-after app category in the Google Play Store, too.
That’s how popular gaming apps are among gamers across the world!
With the consistently evolving uses of smartphones, and technological advancement, mobile gaming is shaping the entertainment world globally. Besides, the emergence of 5G networks and increasing preference for cloud gaming and streaming services, led to the skyrocketed popularity of gaming mobile apps.
The rapidly growing popularity of social gaming, cloud-based gaming, esports, and roguelike gaming is experiencing boosted growth, influencing the gaming industry worldwide. This blog will navigate you through an intensive assessment of the global mobile gaming market, including its size, stats, and facts, letting you know the future of mobile gaming in the upcoming years.
Mobile gaming is one of the best gaming platforms for gamers across the world. These games have secured excellent revenue in the United States and other countries. Here’s a comprehensive analysis of the global mobile gaming market size, trends, stats, and facts you should know:
As per Statista, the mobile gaming market worldwide was predicted to generate $98.74 billion in 2024. The very mobile game revenue is expected to reach a compound annual growth rate (CAGR) of 6.39% between 2024-2027, which will result in an anticipated market volume of $118.90 billion by the year 2027.
The total number of users in this segment is predicted to reach around 1.9 billion users by 2027. As far as user penetration is concerned, the mobile gaming market is anticipated to be 23.3% by the year 2027.
Glance at the image below for a clear picture of the mobile gaming market in the future!
When comparing the global mobile gaming market based on region, two countries, “China and the United States tend to dominate it. China reigns supreme in the gaming world in terms of revenue, while the United States dominates the industry in terms of user penetration. See the mobile games revenue statistics mentioned below:
When compared based on Revenue:
China comes at the top with $34, 660,00million, while the United States secures the second position with $19,610,00 million. Japan, with $16,770,00 million, comes in third position, whereas South Korea remains the fourth one, with $6,117,00 million in revenue.
With around $1,610,00 million in revenue, Germany remains fifth-ranked in acquiring games revenue.
When compared based on user penetration rate:
The United States comes at the top with around 48.4% share. South Korea secures the second position with 46.3%, while the United Kingdom comes in the top third position with 39.5% of total users. Mexico and Nigeria come in fourth and fifth position, respectively, with 38.3%.
The global mobile gaming market is expected to significantly expand in all segments. Among many segments, gaming hardware secures the largest revenue around $161.66 billion, which is expected to reach $241.12 billion by 2029. In contrast to this, the gaming network ranks last with just $ 3.96 billion in revenue in 2024, but it too is expected to reach $5.24 billion by the year 2029.
See the image below to have an intensive insight into the mobile gaming market based on the segment.
For the first time in 2015, Android accounted for more than half of the total mobile operating system market, with a 53.65% share. According to the latest data, Android tends to dominate the global smartphone landscape with a 71.42% share, while iPhone (iOS) has a 27.93% market share in the mobile gaming industry.
The same goes for the gaming market share. As per Statista, approximately 264, 000 mobile gaming applications are available on the Play Store, while 183, 000 apps are there on App Store. Indian publishers account for 4% of all the mobile games available on the Google Play Store. These games involve Ludo King, Indian Rummy, Bal Hanuman, Teen Patti, and many more.
The 0–19-year-old age group is more into the use of cutting-edge technologies, hence, contributing to the largest gaming market share in 2024-25. The introduction of innovative cell phones with unique competencies to support sophisticated games has impacted players’ involvement in the gaming world.
Mobile gamers globally aged between 20 and 29 years spent an average of 22.89 minutes per day on action games, while they spend only 15.78 daily minutes on casino games. See the image below to get a clear picture of how people across the world spend their time on different types of games.
There are many however, the proliferating smartphone uses will be the key growth factor of mobile gaming because:
Monetization is one of the major restraints for the mobile gaming market. Several mobile games can be downloaded for free; however, they have to completely rely on in-app sales or advertisement as far as making money is concerned. It’s one of the challenges to strike an excellent blend of enriched user experience with monetization in games.
In-app purchases might seem obtrusive or forceful and are more likely to impact user satisfaction. What’s more, some users are reluctant to spend money on games, especially when they feel pressured to do so. Like advertising hurts the user experience, in-app purchasing can also impact it, mitigating the gamer’s engagement and reducing the overall revenue.
Although it’s challenging if you have the right mobile gaming monetization strategy, you can tackle it efficiently and conveniently.
As we have explored various stats, facts, and trends, you are more likely to be aware of the opportunity mobile gaming may bring for you. Yes, these stats and facts gesture the scintillating future of mobile gaming, allowing you to know and leverage it by building your own game and turning your idea into a high-end game for abundant ROI and business growth.
When it comes to high-end mobile game development, 300Mind becomes the first preference. Be it game designing, development, or just a consultation session, we provide comprehensive assistance to businesses of all sizes. Our all-encompassing game development services allow you to turn your unparalleled game ideas into a robust, and highly immersive game, enriched with an appealing user interface to offer exceptional user experiences.
Leveraging years of experience and expertise in game development, our developers have developed numerous high-performance games, including Dots & Boxes, Bal Hanuman, Valley of War, and so on, ensuring next-level quality and excellent ROI.
If you, too, have a game development idea that you want to turn into reality, hire game developers and build a game that fulfills your expectations.
The global mobile gaming market size was valued at $100.96 billion in 2022, $118.22 billion in 2023, and is anticipated to reach $417.99 billion by 2031, at a CAGR of 17.1% between the forecast period (2024-2031).
With $34,660,00 million in revenue, China outperforms others in the gaming world. The United States secures the second position with $19,610,00 million, while Japan has $16,770,00 million revenue in the gaming world. South Korea grabs $6,117,00 million in revenue, while India secures $163.60 million of the gaming revenue.
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