Coherent Market Insights has recently released a research report titled Global Mobile Gaming Market from 2022 to 2028, which provides insightful information on recent trends, rising demand in each area, top key competitors updated with regional focus, and revenue growth. Over the course of the projected period, the Mobile Gaming market research covers key important strategies, company advancements, competitive landscape analysis, and business problems. The research assesses various market segments and sub-segments, including industry types, applications and geographic areas. The research also offers in-depth analyzes of sales revenue, significant growth trends, information on significant suppliers, the demand-supply situation, and emerging market tactics.
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Overview:
In recent years, the advancement of smartphone hardware has made mobile gaming stronger than ever. Today’s smartphones can render console-quality graphics and provide access to hundreds of thousands of games. A recent study found that mobile gamers spend more time on mobile devices than they do on television. The most popular mobile games are those that do not require highly developed skills. Minimalist games are engaging and do not require high skill levels. According to recent mobile gaming statistics, minimalist games will continue to gain popularity. Popular games include PUBG, Dauntless, and Plants vs. Zombies 3. There are also games that incorporate AR technology into other non-gaming experiences.
Top Companies Including:
β’ Activision Blizzard Inc.
β’ Electronic Arts Inc.
β’ Gameloft SE
β’ Niantic Inc.
β’ Glu Mobile Inc.
β’ GungHo Online Entertainment Inc.
β’ Kabam
β’ Rovio Entertainment Corporation
β’ Supercell Oy
β’ The Walt Disney Company
β’ Zynga Inc.
Detailed segmentation:
- On the basis of platform, the global mobile gaming market is segmented into:
- Android based
- iOS based
- Windows-based
- On the basis of game type, the global mobile gaming market is segmented into:
- Strategy
- Sports
- Action
- adventure
- On the basis of user age group, the global mobile gaming market is segmented into:
- Less than 25 years
- Between 25 and 40 years
- Over 40 years
Regional analysis:
Β» North America: USA, Canada and Mexico
Β» South & Central America: Argentina, Chile, Brazil and others
Β» Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & rest of MEA.
Β» Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC nations and rest of Europe.
Β» Asia Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and the rest of APAC.
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Market Dynamics:
Increasing technological advancements, increasing smartphone penetration and increasing adoption of new technologies to develop games is expected to fuel the growth of the global mobile gaming market over the forecast period. For example, in March 2022, BlueStacks, a leading Android gaming platform introduced Creator Studio & Creator Hun in India for modding and sharing modded games. With this platform, millions of users and creators can share and mod mobile games developed on Unity, Cocos, and Unreal engines.
However, factors such as paid version model of these games and their psychological effects are likely to hinder the growth of the global mobile gaming market over the forecast period.
Impact of COVID-19:
The COVID-19 pandemic has adversely affected several industries. Nevertheless, the gaming industry has seen strong growth during the pandemic. As countries implemented strict lockdown regulations to control the spread of the virus, people had to stay. The rate of downloads and playing time of mobile games increased during this period, which positively affects the growth of the mobile game market. Thus, the COVID-19 pandemic has lucratively affected the market growth.
Key takeaways:
- The global mobile gaming market is estimated to grow rapidly over the forecast period due to increasing adoption of cloud technology across the globe. For example, in October 2021, BlueStacks Inc., a leading Android gaming on PC and mobile gaming platform launched BlueStacks X (Beta), the first ever cloud-based game streaming service for mobile games.
- Asia Pacific is expected to witness significant growth in the global mobile gaming market over the forecast period. This growth is attributed to the increasing penetration of smartphones, increasing changes in consumers, growing market players, and presence of unexplored demographics in the region.
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Specially discounted prices only apply to direct purchase via website. In case of customization, discount would be subject to scope and coverage of the report.
Reasons to buy:
- The report offers a comprehensive evaluation of the Global Mobile Gaming Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections on market size. The projections are calculated using proven research methodologies.
- The report was compiled through extensive primary and secondary research. The primary research is done through interviews, surveys and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s Five Forces model and SWOT analysis. In addition, the impact of Covid-19 on the market is also shown in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector in various geographies.
Frequently Asked Questions (FAQs):
β£ What is the expected market growth from 2022 to 2028?
β£ What size will the market be in the entire forecast?
β£ What are the key elements expected to have an impact on the Mobile Gaming market during the projected time frame?
β£ Who are the key industry players and what are their plans to gain a strong foothold in the mobile gaming sector?
β£ What are the key market trends impacting the growth of the Mobile Gaming Market in various regions?
β£ What are the biggest threats and hurdles expected to hinder the growth of the Mobile Gaming market?
β£ What are the key opportunities for market leaders to succeed and make a profit?
Table of content:
- Research objectives and assumptions
Research objectives Prerequisites Abbreviations - Market Purview Report description
– Market definition and scope Executive summary
– Market Snippet, by Type
– Market snippet, by application
– Market Snippet, By Region Coherent Opportunity Map (COM) - Market dynamics, regulations, and trends analysis market dynamics
– Drivers
– Restrictions
– Market opportunities
Continueβ¦
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