Mobile Gaming Market: By Type (Adventure, Racing, Educational, Action, Sports, Strategy & Others), By Platform (Android, iOS & Others), By Subscription (Free & Premium), & By Region – Global Industry Size, Growth, Trend , odds and forecast (2021-2027)
The Mobile Gaming Market report includes in-depth analysis of the market dynamics, business models, segmental/regional analysis and respective market shares and strategies adopted by the key market players operating worldwide. It includes in-depth analysis of the factors influencing the global market and market statistics indicating region by region and segment by market share/growth analysis. The surveys of the report will be one of the most comprehensive analyzes of the market, capturing all aspects of the mobile gaming industry.
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Outlook for the mobile gaming industry
The global mobile gaming market size was estimated at $65 billion in 2020 and is expected to reach $154 billion by 2027, growing at a CAGR of 14.75% during the forecast period 2021-2027. The growing penetration of smartphones and the advancement of technology with the increasing adoption of trending game development technologies are important factors in the development of the mobile game industry.
Factors Influencing the Mobile Gaming market during the forecast period:
The global game industry is expanding and the smartphone is playing an important role in the expansion of the overall industry. For the gaming industry, the development of mobile games has led to scalability. Innovative mobile games have also started forming platforms, such as Facebook and Instagram, to ensure high product differentiation and take advantage of engaging games to improve their advertising strategies.
Despite geopolitical tensions, the growing penetration of smartphones and increasing gaming options are also increasing the penetration of mobile gaming in many parts of the world. For example, according to White Designers Game Studios, in Iran, with a population of 82 million and a smartphone penetration rate of about 35% in 2019, there are more than 30 million active mobile gamers in the country.
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Market trends such as location-based games, cloud gaming, blockchain-based games and mobile games with AR/VR are also driving the demand for mobile games. However, compared to VR based and AR based games are more preferable on mobile.
Impact of COVID-19 on the mobile gaming market:
The outbreak of COVID-19 resulted in a rapid increase in demand for mobile gaming due to the implementation of work-from-home and lockdown regulations around the world. The COVID-19 outbreak has also increased online play, with respondents spending more time playing games with other people over the internet connection. According to the Hollywood Reporter, about 29% of U.S. gamers estimate that they are playing more online with friends since the start of the COVID-19 pandemic. Also, almost 17% in the UK, compared to 12% in France, responded that they played more online than offline.
Scope of the report
The report outlines the global mobile gaming market study by type, platform and subscription.
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Based on type, the mobile gaming market is segmented into:
Adventure
To race
Educational
Action
Sport
Strategy
others
Based on the platform, the mobile games market is divided into:
android
iOS
others
Based on subscription, the mobile gaming market is divided into:
Free
Premium
Mobile Gaming Market: Regional Outlook
The global mobile gaming market is segmented into five geographic regions, namely North America, Asia-Pacific, South America, Europe, and the Middle East and Africa. In 2019, Asia-Pacific had the largest share of the global mobile gaming market, followed by Europe and North America. The falling cost of internet data packages is also fueling demand for online mobile games, especially in emerging economies. The Asia-Pacific emerges as the major contributor to the growth of the global mobile gaming industry as most of the companies in the region produce innovative formats. Mobile gaming accounted for 55-60% of video game revenue in China in 2019 and 35-40% in the US. Furthermore, Asia-Pacific is estimated to dominate the global mobile games market in terms of value during the forecast period. In addition, North America is expected to project the highest CAGR in the global market over the forecast period.
Major global competitors in the mobile gaming market including –
The global mobile gaming market is highly fragmented, with the presence of a large number of small players around the world. The key mobile gaming players operating in the global market include:
pokemon go
Tencent
supercell
PUBG
Candy crush saga king
ludo king
aniplex
honor of king
Fortnite
Roblox
Show blast
clash of clans
clash royal
Marvel Contest of Champions
Slotomania
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The Mobile Gaming Market Report provides an in-depth analysis of macroeconomic factors and the attractiveness of the market for each segment. The report will contain an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the presence of the market players in the respective segment and region/country. The information concluded in the report includes the inputs.
The Mobile Gaming market report includes a comprehensive analysis of:
Market Segmentation and Regional Analysis
Market size of 10 years
Price analysis
Supply and demand analysis
Product Life Cycle Analysis
Porter’s Five Forces and Value Chain Analysis
Analysis of developed and emerging economies
PEST analysis
Market and Forecast Factor Analysis
Market opportunities, risks and trends
Conclusion & Recommendation
Regulatory landscape
Patent analysis
Competition landscape
15+ company profiles
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