Thursday Nov 14, 2024
Wednesday, 25 August 2021 02:00 - - {{hitsCtrl.values.hits}}
As the fastest-growing segment of the gaming industry, mobile games continue breaking records and making billions in revenue each year. The most significant part of mobile gaming profits comes from Asian countries, home to nearly half of all mobile gamers globally.
According to data presented by MejoresApuestas.com, the number of mobile gamers in Asia hit nearly 1.3 billion in 2021, more than in North America, Europe, and Latin America combined.
Mobile games have completely changed the gaming industry, bringing constant entertainment on the go through cloud-based games and apps that work offline. The countries of the Asia Pacific region, which account for the biggest share of mobile phone users globally, have seen their mobile gaming markets explode in recent years, especially after the COVID-19 hit.
As the largest gaming market globally, China is the best example of this impressive growth. According to Statista data, the number of mobile gamers in the country jumped by 36% in the last three years and hit over 560 million in 2021. Moreover, the Chinese mobile games revenues soared by 80% in this period, rising from $ 22.8 billion in 2018 to $ 41.4 billion in 2021.
The DFC Intelligence survey showed Europe is the second-largest mobile gaming market globally, with 551.7 million users in 2021, almost 60% less than leading Asia.
Latin America ranked third with over 309 million users in the mobile gaming segment this year, around 100 million more than North America as the fourth-largest market globally. The MENA region and Sub-Sahara Africa follow, with 145.8 million and 126.2 million mobile gamers, respectively.
The Asian mobile gaming industry was thriving even before 2019. But after the pandemic hit, revenues and the number of users surged, reaching new record highs. Statistics show Asian mobile gaming revenues jumped by an impressive 46% in the last two years, rising from $ 46.5 billion in 2019 to $ 68.1 billion in 2021 or 77% of total gaming revenues in the region this year.
In comparison, Europe saw its mobile gaming revenues grow by 42% to $ 12.5 billion in this period. North America follows with a 35% increase and $ 22.7 billion in revenue in 2021.
By 2023, the Asian mobile gaming revenues are expected to jump by another 25% and hit over $ 86 billion, and by 2025 the entire market is forecast to touch $ 100 billion value.