The fruits of the radical change experienced in the telephone industry since 2010 began to reap slowly. In this direction, while the production and diversity of smartphones increased to a great extent, the gaming industry was also directly affected by this situation. Thus, a strong competitor to PC and console games emerged. In fact, the latest data is that cards are being redistributed in the gaming industry.
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Mobile games surpassed PC and console games
According to research, more than 6 billion people all over the world have a smart phone. As this is the case, the mobile game industry has also increased its popularity day by day and started to get ahead of the PC and console game market.
Known for its research in this field, Newzoo revealed in its latest report that mobile games have a 53 percent market share and generate over $90 billion in revenue in 2021.
Newzoo added that the mobile game market is the fastest growing sector, as well as being more than the PC and console game market combined.
We can say that the biggest share in the revenue of mobile games, which exceeded 90 billion dollars in 2021, belongs to MiHoYo, the developer of Tencent Games and Genshin Impact, which have signed the productions of Call of Duty: Mobile and PUBG Mobile. These games also generated $18 billion in revenue last year.
Finally, by 2024, the number of smartphones used in the world is expected to exceed 7 billion and the mobile game industry is expected to be positively affected by this.
So what do you think about this subject? What do you think is the main reason for the development of the mobile game industry? Do not forget to share your views with us in the comments section or on the SDN Forum.