In addition, mobile gamers are becoming more demanding. China is already the largest market for PC games, and it has also become the largest mobile gaming market. In addition, the Chinese gaming market is expected to grow significantly in the next few years. This means that more people have disposable income to spend on gaming content. Income levels globally are on the rise, especially in emerging markets such as China and India. According to a report from SkyQuest on global mobile gaming market, there were 1.4 billion active mobile gamers in 2014, and this has increased to 3.13 billion by the end of 2021.
This increase in the number of devices has resulted in a corresponding increase in the number of people playing mobile games. Smartphones and tablets have become increasingly popular in recent years, with shipments growing from 296 million units in 2010 to an estimated 1.6 billion units in 2021. A number of factors are driving this demand, including the increasing popularity of smartphones and tablets, the rising global income levels, and the growth of the Chinese gaming market. The mobile gaming market is expected to grow significantly in the next few years. Increased Smartphone Penetration and Improved Income Level to Spur Market Growth The report also discusses the potential for next-generation technologies such as augmented reality and virtual reality to impact the sector.
SkyQuest's analysis of the mobile gaming market highlights these challenges and offers insights on how they can be overcome. Our analyst expects 5G to become widely available in 2025 and believes that it will have a transformative effect on the mobile gaming industry. 5G networks offer significantly higher speeds and lower latency than current 4G networks, which will enable new types of gameplay experiences such as real-time multiplayer and augmented reality. we expect that over half of all mobile gamers will be using cloud gaming services by 2028.Īnother key trend that will shape the future of mobile gaming market is the rise of 5G technology. Cloud gaming services allow gamers to play games without needing to download them onto their device, making them much more accessible.
In terms of future trends, SkyQuest believes that cloud gaming will have a significant impact on the market. These include everything from the ongoing fight against piracy to the need to better monetize free-to-play games. However, as the market matures, it faces a number of challenges. There are now more than 3 billion active mobile gamers worldwide, and this number is only expected to grow. 10, 2022 (GLOBE NEWSWIRE) - Over the past few years, the mobile gaming market has exploded in popularity.
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