Report ID: SQMIG45E2162
Mobile Gaming Market Size, Share, Growth Analysis, By Monetization Type(In-app Purchases, Paid Apps, Advertising), By Platform(Android, iOS, Other Third-party Stores), By Age Group(Below 24 Years, 24-44 Years, Above 44 Years), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45E2162 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|
Tables:
90 |
Figures:
76
Mobile Gaming Market Insights
Mobile Gaming Market size was valued at USD 100.96 billion in 2022 and is poised to grow from USD 118.22 billion in 2023 to USD 417.99 billion by 2031, growing at a CAGR of 17.1% in the forecast period (2024-2031).
Increased government support has accelerated advancements in the local gaming sector. The proliferation of industry will be aided by the emergence of 5G networks, as well as the growing preference for cloud gaming and streaming services. The growing popularity of social media platforms such as Facebook and Instagram have resulted in the significant development of a slew of innovative mobile games.It will also grow due to the high flexibility of in-game payment methods.
The growing popularity of esports, social gaming, cloud-based gaming, and roguelike gaming is boosting growth. The availability of games across devices such as consoles, smartphones, portable gaming devices, computers, and tablets, as well as key mobile gaming market players focusing on the release of interactive games for young generations to serve several entertainment purposes.
US Mobile Gaming Market is poised to grow at a sustainable CAGR for the next forcast year.
Mobile Gaming Market Report Snapshots
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