The Global Mobile Gaming Market Continues To Grow Owing To the Increase of Mobile Game Developers and Publishers in the Region Along With Inclination towards Mobile Games
𝗥𝗲𝗽𝗼𝗿𝘁 𝗣𝗮𝗴𝗲𝘀: [130 Pages]
Mobile gaming is simply referred to as a type of electronic game that can be played via the mobile phone or any other portable device. Historically, this term generally refers to any downloadable games which are played on some portable device, such as on a mobile phone, PDA, tablet, e-reader, gaming calculator, or graphing tool, with and/or without networking capability. Mobile gaming has also become a lucrative business opportunity for companies who require new ways to entertain and sell their products to the mobile gaming market. However, as with other industries, there are pitfalls that companies must guard against when they decide to offer mobile gaming services. The potential for damage and legal issues is very high in this emerging area, so companies and gamers should take steps to ensure that they are not treading on thin legal lines.
𝗚𝗼 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗱𝗲𝘁𝗮𝗶𝗹 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗯𝗼𝘂𝘁 𝗠𝗼𝗯𝗶𝗹𝗲 𝗚𝗮𝗺𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁
Because mobile gaming is a service provided over the Internet, it may not be as regulated as online gaming is. For example, most states do not have laws that require mobile gaming websites to secure an individual's data like credit card details before allowing them to play games. This means that if a person is interested in playing games on their smartphone, they could easily visit a website that allows them to then go ahead and shop on their mobile device while playing games. Although this might seem like a problem, most people aren't aware that this is illegal in some cases. Although this might seem like a problem, most people aren't aware that this is illegal in some cases. As such, mobile gaming websites need to ensure that they get permission from individuals before collecting such personal data.
𝐌𝐚𝐣𝐨𝐫 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐂𝐮𝐫𝐫𝐞𝐧𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲: Activision Blizzard, Inc., Electronic Arts, Inc., Gameloft SE, Niantic Inc., Glu Mobile, Inc., GungHo Online Entertainment, Inc., Kabam, Rovio Entertainment Corporation, Supercell Oy, The Walt Disney Company, and Zynga, Inc.
Owing to the increase of mobile games in the world is increasing the demand in the global mobile gaming market. For instance, according to Gaming Shift, currently, there are around 477,877 mobile gaming apps in the world. Moreover, the increasing stress levels among individuals are also increasing the requirements for gaming applications, which in turn is enhancing the growth of the global mobile gaming market. However, the high cost of in-app purchases needed in some games is the main factor that is negatively impacting the growth of the global mobile gaming market.
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Owing to the increase of mobile games in the region, Asia Pacific is witnessing high demand in the global mobile gaming market. For instance, according to 42matters AG, among 169,180 game publishers in the Google Play Store, 5,419 are from India. The few biggest Indian game publishers are AI Factory Limited, Nazara Games, Nextwave Multimedia, Million games, Games2win.com, Rendered Ideas, Moonfrog, Moonton, Words Mobile, and Gametion Technologies Pvt Ltd. Owing to such factors there has been various significant industrial developments in the global mobile gaming market. For instance, in June 2021, Battlegrounds Mobile India Early Access developed by Krafton was launched in India.
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