Mobile games continue to grow, and so does the global mobile gaming market. Experts say that mobile gaming is on the rise, and they expect much more by 2030.
According to analysis published by GlobalData, mobile gaming is growing, day by day, month by month, and year by year, and the numbers themselves confirm it.
The analysis reveals that mobile gaming revenue was worth $124 billion in 2023. Yes, yes, you read that right, $124 billion. Now, experts say they expect to see higher numbers, or to be more precise $195 billion by 2030.
As per the results published by GlobalData, the APAC region is the leader in the global mobile gaming market. Data sources reveal that this region makes the biggest contribution, almost 64% of total revenue in 2023.
Now, let’s talk numbers.
Mobile Gaming Revenue
- Mobile Gaming reached $124 billion in 2023
- Experts say these numbers will change to $195 billion by 2030
- APAC region generated 64%
- North America (NA) stands at 18%
- Europe 12%
- Latin America 4%
- Middle East and Africa are the lowest, with 2%
These numbers are serious, and show how the world of mobile gaming is progressing.
According to Rupunmtar Guha, Principal Analyst, “Access to 5G networks supports the growth of mobile gaming in APAC. The region accounted for about 75% of global mobile 5G subscriptions in 2023, with 1.8 billion 5G subscriptions, mainly in China, South Korea, and Japan. The 5G subscriptions will increase to nearly four billion by the end of 2028, ensuring the region will continue to lead the mobile gaming market for the foreseeable future.”
For last, here is a list of the top 5 mobile games in 2023 by revenue:
- Honor of Kings: $1.5 billion
- PUBG Mobile: $1.15 billion
- Candy Crush Saga: $1 million
- Genshin Impact: $950,000
- Roblox: $870,000
Are you a fan of mobile games? If so, what is your favorite mobile game?
