Press release
Global Mobile Gaming Market Forecast 2023-2028: Emerging Trends, Gamers Population, Gaming Expenditure, and Regional Analysis
Over the past ten years, the online gaming industry has grown significantly. The ease of use and accessibility of online gaming are major contributors to its success. Online gamers are currently increasing four times faster than overall internet users. Gamers all over the world are spending more of their free time online due to increased bandwidth and connectivity.
GET THE FREE SAMPLE REPORT:- https://bit.ly/3JlCMQz
Competitive gaming events have become more common as a result of online gaming's explosive expansion and rising popularity. A number of social media platforms, including Facebook and Twitter, now provide free-to-play online multiplayer games.
Increasing Demand for Mobile Games: Mobile gaming is the fastest-growing segment in the online gaming market with the lowest barrier to entry and less room for delays in developing and processing due to COVID-19, proving to be a more cost-effective opportunity for developers, gamers, and publishers alike. The market for mobile games is anticipated to expand due to the increasing adoption of smartphones.
► Industry Positioning
Across the world, Asia-Pacific holds the biggest market share in the coming years, with China, Japan, and South Korea all exhibiting significant growth potential.
Moreover, countries like Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam also have high potential and mobile gaming industry in these countries are expanding rapidly.
► Mini Games Gaining Popularity
With more than 670 million gamers, China accounts for the major market share in the global mobile gaming market followed by US, Japan, Korea, Germany and others.
The expansion of China's mobile gaming industry is driven by the explosive growth of mini-games which can be played without downloading another app within mobile apps like WeChat. Mini-games are popular throughout the China and these are easy to play. They also have significant social components.
► Germany is the Most Advanced Gaming Market in Europe
Mobile gaming has grown to become rapidly advancing industry in the country, holding a 55% share of the overall market and a 22% annual growth rate. With in-app purchases taking the lion's share of the market, mobile gaming income has hit 2,275 million euros.
► New Developments in the UAE
Ubisoft, a major international developer, publisher, and distributor of interactive entertainment products, including games like "Assassin's Creed" and "Prince of Persia," has recently partnered with Twofour54 to establish a games development studio in Abu Dhabi, and the first courses was scheduled in March 2012. Twofour54 is an Abu Dhabi-based organization that supports the creation of Arabic media and entertainment content in the region. As a result, the area helped the region to develop a gaming sector and produce its own video games.
In response to the rising popularity of smartphones and the accessibility of high-speed internet connectivity, the market for mobile games is anticipated to expand. In addition, it is expected that the deployment of 5G technology will speed up the growth of this industry. Mobile gamers, on the other hand, are prepared to shell out a lot of cash on gaming equipment, services, and accessories in order to enhance their gaming experience and increase their chances of winning.
Makreo research has published a study on mobile gaming market titled, "Mobile Gaming Market Report 2023-2028: Global Trends and Forecast by Source, Gamers Population, Expenditure on Gaming, and Regional break-up". The study evaluates online gaming market and further breaks down to mobile gaming market covering user facts, present performance of the global economy, recent industry trends and developments and other factors. Report also highlights performance of online industry and eSports market overview by major geographies. Future outlook section helps to evaluate the expected shifts industry is expecting in near future along with key driving forces.
► Market Assessment:
The report examines the global mobile gaming market considering number of mobile gamers during the assessment period and average expenditure on gaming. Market revenue has been assessed for major contributing countries in the gaming sector.
► Geography Assessed:
North America (US, Canada); Asia (China, Japan, South Korea, India), Europe (UK, Germany), MENA
► Segments Covered:
By Ad Spend
By Source
By Gender
By Geography
By eSports
By Online
► EPTD & Market Dynamics:
We have studied co-relation of major independent factors those have been covered under the sections-
EPTD Analysis (Economic, Political, Technological and Demographic Factors)
Market Trends and Developments
Find out More:- https://www.makreo.com/report/mobile-gaming-market-report-2023-2028-global-trends-and-forecast-by-source-gamers-population-expenditure-on-gaming-and-regional-break-up
Linkedin:- https://www.linkedin.com/company/makreo-research-and-consulting/
Makreo Research and Consulting
Send us a query at info@makreo.com
Phone No: +91-9619699069
Makreo is a market research and consulting firm that works closely with business conglomerates worldwide to help them in many aspects of driving their business growth and assist in making wise decisions with the help of our qualitative & quantitative market insights.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Mobile Gaming Market Forecast 2023-2028: Emerging Trends, Gamers Population, Gaming Expenditure, and Regional Analysis here
News-ID: 2978229 • Views: 424
More Releases from Makreo Research And Consulting
Banknote Market on the Rise as Polymer Substrates Gain Popularity, While Electro …
The global banknote market is experiencing growth in recent years, with the number of banknotes in circulation increasing significantly. According to recent reports, the total volume of banknotes rose from 41.6 billion in 2017 to 50.3 billion in 2020, indicating an increase of nearly 8.7 billion notes. Polymer banknotes are becoming increasingly popular due to their durability, lower environmental impact, and reduced production costs. As of February 2021, polymer substrates…
Asia Pacific's Dominance in Logistics Market Driven by E-commerce and Developing …
The Asia Pacific region has maintained its position as the largest logistics market in the world, with developing economies driving growth. With China leading the manufacturing sector and India as one of the world's most populous nations, the region's demand for third-party logistics (3PL) services is on the rise. The growth of e-commerce has also been a significant driver, with China and India accounting for the majority of e-commerce transactions…
India Mobile Gaming Industry: Exploring the Rapid Growth, Potential, and Future …
India is one of the rapidly growing gaming market in the world, even though India accounts for only 1% of the global gaming market. India's proportion of new paying users (NPUs) in gaming has indeed grown at a rapid rate in recent years. According to a report by App Annie, a mobile data and analytics platform, India's share of new paying users in gaming increased from 40% in 2020 to…
Rapid Growth of Mobile Gaming Industry in Asia Pacific Spurs Innovation and Part …
Over the past decade, Asia Pacific has experienced rapid growth in the online gaming industry. The success of online gaming is partly attributed to its accessibility and ease of use. The number of online gamers is currently increasing four times faster than the number of internet users. Games players all over the world are spending more of their free time online as bandwidth and connectivity have increased.
Get the FREE SAMPLE…
More Releases for Mobile
Asia - Mobile Infrastructure and Mobile Broadband
Bharat Book Bureau Provides the Trending Market Research Report on "Asia - Mobile Infrastructure and Mobile Broadband" under Telecom category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Executive Summary
Leading Asian nations prepare for 5G rollouts
Asia’s mobile subscriber market is now witnessing moderate growth in a fast maturing market. Whilst there are still developing markets continuing to grow their mobile subscriber base at…
Mobile Virtual Network Operator (MVNO) Market 2019 Growth Trends by: LEBARA GROU …
The global mobile virtual network operator (MVNO) market was valued at USD 54.1 billion in 2017. The market is expected to register a CAGR of 8.8% during the forecast period, 2018-2023. Mobile virtual network operators (MVNO) are those who resell data and voice services with more flexible plans and lower prices. MVNO’s do not have their own infrastructure and own spectrum. However, they purchase minutes of use (MOU) from mobile…
Mobile Virtual Network Operator (MVNO) Market Analysis by Top Key Players Tracfo …
The mobile virtual network operator (MVNO) is also referred to as the mobile other licensed operator (MOLO), or the virtual network operator (VNO), is the remote service of communication which does not claim the remote network infrastructure on which it gives the customer the services.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2835705?utm_source=RK&utm_medium=OPR
The MVNO goes into the business agreement with the mobile network operator for acquiring more access to…
Mobile Virtual Network Operator (MVNO) Market Comprehensive Study 2018: Boost Mo …
Global Mobile Virtual Network Operator (MVNO) market report provides a thorough synopsis on the study for market and how it is changing the industry. The data and the information regarding the industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Mobile Virtual Network Operator (MVNO) Market report includes historic data, present market trends,…
Asia - Mobile Infrastructure And Mobile Broadband
Asian mobile broadband market continues to grow strongly
With 3.9 billion mobile subscribers and over 50% of the mobile subscribers in the world, spread across a diverse range of markets, the region is already rapidly advancing in the adoption of mobile broadband services. Mobile broadband as a proportion of the total Asian mobile broadband subscriber base, has increased from 2% in 2008 to 18% in 2013, 27% in 2014, 33% in…
Mobile Money Market Trends, Public Demand and Worldwide Strategy - Mobile Commer …
The mobile money market report provides an analysis of the global mobile money market for the period 2014 – 2024, wherein 2015 is the base year and the period from 2016 to 2024 is the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends playing a major role in the growth of the mobile money market over the forecast period. It…
