How large is the gaming industry?

How large is the gaming industry?

In 2021, gaming—consistently reported as a roughly $175B industry¹—stands as the largest media category by revenue. Having recently claimed the leading position from long-term media behemoth linear television, gaming today is larger than the global music, film, and on-demand entertainment sectors combined.

How many mobile gamers are there in 2020?

Per the report, of the 303.7 million mobile users across the US and Canada in 2020, 238.7 million are active mobile gamers. This is up 12% over 2019’s 214 million, a considerable growth increase from previous years, as the number of mobile games rose only 5% from 2017 to 2018, and only 2% from 2018 to 2019.

What percentage of gamers are on mobile?

62% of people install a game on their phone within a week of owning it. 78% of gamers are Android users. The number of active mobile gamers worldwide is over 2.2 billion. 57.9% of the games played are puzzle games.

How competitive is the mobile gaming industry?

The mobile game industry is one of the highest performing industries globally in 2020. With a massive turnout of $77.2B in the just concluded year, there is no sign of slowing down in 2021. The mobile gaming industry recorded 12% more players in 2020 than in 2019, with over 2.5 billion players.

Is gaming the biggest industry in the world?

Video gaming is a very lucrative and popular industry around the world, with a global revenue of $154.6 billion expected in 2021. China has the biggest market in this industry with an estimated 2021 turnover of $49.3 billion. Globally, mobile games make up a vast 70% of overall video game revenue.

How big is the gaming industry in India?

India’s mobile gaming market will be worth $6-7 billion in 2025 from $1.8 billion at present, according to the report titled ‘Building up the e-gaming ecosystem of India and the influence of smartphones’ by Internet and Mobile Association of India (IAMAI), RedSeer and OnePlus.

How many mobile games are profitable?

This is a list of mobile games that have generated at least $100 million in gross revenue. Among them, there are more than 30 mobile games that have grossed at least $1 billion.

Which country has most mobile gamers?

China sat atop the mobile gaming market, holding a 35% share of revenues worldwide, while the US trailed in second with a 20% share. Rounding out the top five countries were Japan, South Korea, and the UK. Report: Time Spent with Media Overview 2021.

Is mobile gaming profitable?

Looking at revenues from the free-to-play (F2P) market, which accounts for the lion’s share of total digital games revenue in North America, mobile stands out as the most profitable category by a significant margin. Overall, U.S. gamers spent an average of 179 U.S. dollars on smartphone games in 2020.

Is mobile gaming industry growing?

India’s gaming sector, which currently stands at $ 1.2 billion, is predicted to increase to $ 3 billion by 2023, with Gen-Z accounting for a third of the population.

What is the largest mobile game?

The highest-grossing mobile game is Honor of Kings (2015), also known as Arena of Valor internationally, a multiplayer online battle arena (MOBA) game published by Tencent that has grossed more than $12 billion in lifetime revenue.

Which country is best in PUBG?

10 best PUBG playing countries in 2021 ranked

  • Japan.
  • Russian Federation.
  • South Korea.
  • China.
  • Finland.
  • Thailand. A good number of PUBG players come from Thailand.
  • Canada. PUBG has won great followership among Canadian game addicts.
  • Norway. PUBG Norway.

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