With the rapid growth of smartphone users worldwide, it’s not surprising that the mobile gaming industry has matured and developed into one of the most lucrative markets in the business world. In fact, the overall revenue of the mGaming sphere has doubled in only three years. In 2014, the market weighed $25 billion, which rose to $46.2 billion in 2017.
The growth can be connected to the rising ownership of mobile devices, particularly the smartphones, that is projected to surpass the usage of dedicated console platforms. Ownership of smartphones has shown a steady growth of 145 million users in 2014 to 180 million after three years. Meanwhile, PC and console owners are a bit flat with 45 million users to 60 million for the same time period.
There’s also a rise in the number of new titles in mobile devices than in PC and console. In 2014, new games for mobile was at 72, 530 compared to 1, 580 in PC and 360 in console. In only three years, the release of new game apps for mobile rose to 152, 180 versus the 3, 400 in PC and 520 in console. With a steady growth in user and demand, this is a clear evident that game developers are focusing more on reaching out to smartphone gamers with the growth in new game apps yearly.
You might be wondering why mobile gaming is highly popular. Apart from the increased ownership and usage of mobile devices, there are plenty of other reasons why game apps are prevalent today. Here are the top reasons:
The gaming platform is portable. Anyone can carry it anywhere easily and play conveniently. Game apps are highly addictive. Even a simple tap-and-play game can get you stuck in playing for hours. The quality of gaming apps has increased massively with high definition features and new technology used. Most importantly, it offers free games for gamers.
Experts foresee further growth in the mobile gaming sphere. MrGamez’s detailed infographic not only discusses the current trends in mGaming, but also highlights future developments to expect in the industry. Some of the highlighted future trends include multiplayer and social gaming as well as the application of new technology (i.e. Virtual Reality, Augmented Reality) that will span across all gaming platforms.
CEO at Teknowledge Software
Hussain Fakhruddin is the founder/CEO of Teknowledge mobile apps company. He heads a large team of app developers, and has overseen the creation of nearly 600 applications. Apart from app development, his interests include reading, traveling and online blogging.