Enterprise Research Company’s Global Mobile Games Report shows market size, trends and forecast through 2026.
According to the Global Mobile Games Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026 published by Enterprise Research, the mobile game market size is expected to grow to $209.12 billion by 2026 at a compound annual growth rate (CAGR) of 15.77%. The growing penetration of smartphones is expected to drive the growth of the mobile games market.
The mobile games market consists of the sale of mobile game services by entities (organizations, sole traders, and partnerships) that are games designed and played on mobile devices. such as smartphones, feature phones, pocket computers, personal digital assistants (PDAs), tablets, and others. Mobile games range from simple to complex games involving 3D, AR (augmented reality) and others.
Technological advancement is one of the key trends of the mobile gaming market that is gaining popularity. The market is witnessing the integration of virtual reality (VR) and augmented reality (AR) technologies into mobile games for a truly enjoyable gaming experience. VR is a computer-generated environment with lifelike scenes and objects, while AR combines virtual information with the real world. Through VR glasses, VR allows gamers to escape reality by immersing themselves in a gaming environment or other reality. AR does not transport from one current location to another; instead, it amplifies or modifies some aspect of the current surroundings in the game.
Key players are focusing on providing mobile games with advanced technology to strengthen their position in the market. For example, in April 2022, Meta (formerly Facebook), the US technology company, conducted the Meta Quest Gaming showcase for 2022 and announced the virtual reality (VR) version of Ghostbusters. Ghostbusters VR will allow gamers to hunt, blow up and capture ghosts in the universe with single-player and multiplayer modes.
Global Mobile Games Market Segmentation The global mobile games market is segmented into:+ By Device Type: Smartphones, Smartwatches, PDAs, Tablets, Types Other+ By OS: Android, iOS, Windows, others+ By Genre: Action & adventure, Video game, Role playing, Sports, Other+ By Subscription: Free, Special+ By geography : The global mobile game market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
The Global Mobile Games Market Report 2022 is one of a series of new reports by Enterprise Research Company that provide global mobile games market overview, analysis and forecast of market size and growth. growth for global mobile games market, global mobile games market share, global mobile games market segments and geographies, global mobile game market players, revenue, Profile and market share of top competitors in worldwide mobile game market.
The Global Mobile Games Market Report identifies the top countries and segments for opportunities and strategies based on market trends and approaches of key competitors. Game studios are said to compete strongly such as Activision Blizzard Inc, CyberAgent Inc, Electronic Arts Inc, GungHo Online Entertainment Inc, Microsoft Corp, NetEase Inc, Niantic Inc, Tencent Holdings Ltd, The Walt Disney Co, Ubisoft Entertainment, Nintendo, MocoSpace, Nexon, Gamevil, and DeNA Ltd.