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Online Smartphone and Tablet Games Market Comprehensive Study Explore Huge Growth in Future | Kabam Games, King Limited, MachineZone, Melior Games, NCSOFT Corporation

03-21-2023 01:42 PM CET | IT, New Media & Software

Press release from: Report Ocean

Online Smartphone and Tablet Games Market Comprehensive Study

Online smartphone and tablet game is a platform offered by service providers that enables one or more players to participate in the game through smartphone or tablet. In addition, various service providers across the globe offer a wide range of games ranging from simple text-based games to games incorporating complex graphics. Furthermore, various service providers of online and mobile gaming industry are providing different types of games to their customers, including location-based gaming, multiplayer gaming, and augmented reality gaming, which attract large customer base. In addition, surge in number of users taking online gaming as entertainment tool in the pandemic situation is expected to propel the growth of the market.

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Governmental organizations are boosting their maintenance budgets for system infrastructure while simultaneously funding initiatives for project development, modernization, and enhancement. As a result of the investments' success, ICT vendors now annually set aside funding for the growth of the online market. Global ICT exports are anticipated to increase 3.9% on average year from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. Global supply has increased by 9.5% yearly since 2009. In terms of global ICT exports in 2021, Ireland came in first place with US$ 169. 32 billion. The rankings placed China at number 4, the United States at number 2, and India at number 3. Since 2009, Brunei has increased by 228.2% year over year, while Sierra Leone has decreased by 61.7% year over year.

By 2026, European ICT Revenue is likely to increase by 1.5% annually, from US$ 1,802,413 Million in 2021 to US$ 1,933,429 Million. The European market has increased by 3.1% annually since 2016. In terms of ICT Revenue in Europe in 2021, Germany came in first place with US$ 339,074 million. Positions 2, 3, and 4 in this ranking were held by the United Kingdom, France, and Ireland, respectively. Since 2016, Malta has increased by 16.5% year over year, while Italy has decreased by 0.2%.

Moreover, advancements in mobile development platform and rise in adoption of free-to-play business model drive the growth of the market. In addition, rise in penetration of smartphone and tablets across the globe propels the growth of the market.

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However, increase in concerns related to security and privacy issues hampers the growth of the market. Conversely, surge in cloud-based gaming application in various developed and emerging countries is expected to provide lucrative opportunity for the market. The global online smartphone and tablet games market is segmented into operating system, game type, and region. In terms of operating system, the market is fragmented into iOS, Android, and others. Depending on game type, it is segregated into massive multiplayer online games, casual, social and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of global online smartphone and tablet games market forecast along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on global market is provided in the report.
- Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- The quantitative analysis of the market from 2020 to 2027 is provided to determine the market potential.

KEY MARKET PLAYERS
- Electronics Arts, Inc.
- Gameloft
- Kabam Games, Inc.
- King Limited
- MachineZone, Inc.
- Melior Games
- NCSOFT Corporation
- Rovio Entertainment Corporation
- Supercell OY
- The Walt Disney Company

Key Market Segments
By Operating System
- iOS
- Android
- Others

By Game Type
- Massive Multiplayer Online Games
- Casual
- Social
- Others

Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=AMR1467

By Region
- North America
o U.S.
o Canada
- Europe
o Germany
o UK
o France
o Spain
o Italy
o Rest of Europe

- Asia-Pacific
o China
o Japan
o South Korea
o India
o Australia
o Rest of Asia-Pacific

- LAMEA
o Latin America
o Middle East
o Africa

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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