According to a report by the French games trade body SELL (reported by Gamesindustry.biz), consumer spending on video game products in France reached an all-time high of €6.1 billion in 2023. This staggering figure represents a 10% increase compared to 2022 and a 9% uptick from 2020. But what drove this remarkable growth? Let’s explore…
The gaming industry has witnessed a remarkable transformation in recent years, with mobile gaming emerging as a dominant force. According to a report by GlobalData titled “Mobile Gaming – Thematic Intelligence,” the mobile games industry generated a staggering $124 billion in revenue in 2023 and is projected to reach a whopping $195 billion by 2030….
The mobile gaming industry experienced declines in revenue and downloads in 2023, marking the second straight year of falling numbers according to data.ai’s latest report. However, there are positive signs that a turnaround could be ahead. Global Revenue and Downloads Dip But Remain Strong Global mobile game revenue fell 2% to $107.3 billion in 2023,…
The gaming industry in the United States has exploded in recent years. Valued at $57.91 billion in 2024, it is expected to reach a staggering $90.79 billion by 2029, with an annual growth rate (CAGR) of 9.41%. Image Source What is powering this rapid expansion? Let’s analyze the Mordor Intelligence report. Skyrocketing…
China’s gaming market is massive and only continuing to grow. With millions of gamers and billions in revenue, China leads the global gaming industry. Key Data Points China’s gaming market hit $41 billion in revenue in 2023, up nearly 14% year-over-year There are over 600 million gamers in China Mobile gaming accounts for 75% of…
TikTok claims itself to be the No. 1 platform where young gamers aged 18-24 discover new mobile games. In collaboration with the National Research Group (NRG), TikTok has released a report highlighting its potential value for mobile game companies and marketers. How are Modern Gamers Shaping the Mobile Gaming Landscape? The report is based on…
South Korean gaming giant Krafton, publisher of PlayerUnknown’s Battlegrounds (PUBG), had a banner year in 2023. The company brought in revenue at an all-time high of $1.4 billion, more than doubling its intake since 2020. This was driven by tremendous growth in PC and console revenue as well as continued dominance in the mobile sector….
According to the latest report from Niko partner, the MENA 3 region – Saudi Arabia, UAE, and Egypt gaming market reached nearly $2 billion in 2023. With over 7% of the year-over-year growth rate, it is projected to hit $2.65 billion by 2027. Key Highlights of the Report Saudi Arabia accounted for over half of…
MMORPGs (massively multiplayer online roleplaying games) have captured the hearts and minds of gamers worldwide. That includes Final Fantasy, Destiny 2, World of Warcraft, Guild Wars 2, Star Wars: The Old Republic, Black Desert Online, Lost Ark, Elder Scrolls Online, Star Trek Online, and many more. These vast virtual worlds offer community, progression, and endless…
The video game industry rode a massive pandemic wave over the past few years as people flocked to interactive entertainment while stuck at home. However, the party paused in 2022 amidst financial uncertainty and a slump, now slowly getting back to its feet and forcing a market correction. Recently data.ai predicted the forecast for mobile…
