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Global Mobile Gaming Strategic Business Report 2024: Market to Reach $253.2 Billion by 2030 – Augmented Reality Enters the Space to Drive New Level of Experience

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Dublin, July 29, 2024 (GLOBE NEWSWIRE) — The “Mobile Gaming – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Mobile Gaming is estimated at US$117.6 Billion in 2023 and is projected to reach US$253.2 Billion by 2030, growing at a CAGR of 11.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the mobile gaming market is driven by several factors. These factors collectively contribute to the dynamic expansion of the mobile gaming industry.

Firstly, the widespread adoption of smartphones and mobile internet access is expanding the user base for mobile games. Secondly, the free-to-play business model and the monetization strategies through in-app purchases and ads are generating significant revenue streams. Thirdly, technological advancements in mobile devices are enhancing game quality and user experience, attracting more players. Lastly, the increasing popularity of mobile e-sports and social gaming features is fostering community engagement and driving market growth.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Mobile Gaming for Smartphones segment, which is expected to reach US$222.4 Billion by 2030 with a CAGR of a 12.1%. The Other Devices segment is also set to grow at 8.3% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $26.0 Billion in 2023, and China, forecasted to grow at an impressive 14.8% CAGR to reach $60.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Key Questions Answered:

  • How is the Global Mobile Gaming Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Apple, Inc., AT&T, Inc., Applovin Corporation, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Key Attributes:

Report Attribute Details
No. of Pages 694
Forecast Period 2023 – 2030
Estimated Market Value (USD) in 2023 $117.6 Billion
Forecasted Market Value (USD) by 2030 $253.2 Billion
Compound Annual Growth Rate 11.6%
Regions Covered Global

MARKET OVERVIEW

  • Mobile Gaming – Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Mobile Gaming: A High Growth Market
  • Global Gaming Industry by Segment: 2023
  • Outlook
  • China Continues to hold Prominent Position in the Global Mobile Gaming Market
  • Tough New Rules Slowdown Game Approvals in China
  • A Snapshot of Demographic Profile of Mobile Gamers
  • Global Mobile Gaming Market: Percentage Breakdown of Gamers by Gender for 2023
  • Global Mobile Gaming Market: Percentage Breakdown of Number of Gamers by Age Group for 2023
  • Mobile Gaming Market: A Competitive Perspective
  • Comparatively Low Entry Barriers Invite Scores of New Companies
  • Consolidation Remains Rife Among Mobile Game Publishers
  • Leading Companies in the Global Mobile Games Market
  • Top Mobile Games Ranked by Revenues
  • WORLD BRANDS
  • Recent Market Activity

MARKET TRENDS & DRIVERS

  • New Challenges and Opportunities Continue to Shape Mobile Gaming Landscape
  • Players Assess the Potential of NFTs, and Blockchain in Mobile Gaming
  • Metaverse: An Interesting Trend to Watchout For in Mobile Gaming
  • Meta Elements for Events & Mini-Games
  • Preference Ranking of Select Trends Among Mobile Gamers
  • Augmented Reality Enters the Mobile Gaming Space to Drive New Level of Experience
  • Leading AR Categories on iOS: 2023
  • VR Gaming Market: % of Consumers Wanting Application of VR to Games by Generation
  • Artificial Intelligence Makes Gaming Alluring
  • Mobile eSports: An Emerging popular Platform
  • Mobile Cloud Gaming: The New Paradigm
  • Industry Witnesses Emergence of New Gacha Types
  • Cross-Platform Gaming Gains Traction
  • AAA Mobile Games & Cross-Play Features Report Significant Gain
  • Growing Interest in Online Gambling Triggers Rapid Growth in Mobile Casino Apps
  • ‘Hyper-Casual’ Games Remain Popular
  • Multiplayer Formats Gain Attention
  • Developers Venture for Alternative Strategies for Monetization of Mobile Games
  • Subscriptions Format Makes Headway
  • Push Notifications
  • 5G – Instrumental in the Growth of Mobile Gaming
  • Global 5G Subscriptions (In Million) for Years 2020, 2022, 2024 and 2026
  • Percentage of Mobile Connections (excluding licensed cellular IoT) by 2G, 3G, 4G and 5G: 2019 Vs 2025
  • 5G-enabled Cloud Gaming – A Game Changer!
  • 5G Gaming – Gamer Advantage
  • Developer Advantages
  • Percentage 5G Adoption by Region in 2025
  • Micro Gaming Studios & Independent Developers Gain Presence
  • Continued Rise in Mobile Phone Users Drives Mobile Gaming
  • Consumer Mobile Usage Habits Foster Growth in Mobile Gaming Market
  • Opportunity Indicators
  • Percentage of Internet Users Using Mobile Phone Apps by Type
  • Percentage of Time Spent on Mobile Apps by Category for 2023
  • World Internet Penetration Rate (in %) by Geographic Region: 2023

FOCUS ON SELECT PLAYERS (Total 262 Featured)

  • Apple, Inc.
  • AT&T, Inc.
  • Applovin Corporation
  • Applibot, Inc.
  • .GEARS (dotGears)
  • Algoworks Solutions, Inc.
  • Accure Technologies
  • Animoca Brands
  • Aniplex
  • AnvilEight LLP
  • ASOBIMO, Inc.
  • Agate
  • 37Games
  • Ais Mobile Apps
  • 3dmx, Inc.

For more information about this report visit researchandmarkets.com/r/y22ch4

 

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Asia

KGeN launches India’s first VALORANT virtual training academy ‘LIFT//OFF’

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KGeN, a community led gaming platform and Riot Games have partnered for the launch of LIFT//OFF, a community-led & data-driven online training academy to forge the next set of professional VALORANT athletes. This program will allow everyday gamers to make a mark, whether it is through their in-game achievements or showing off their skills at a global stage. 

The program sets a new standard as a community-driven program by strategically selecting gaming content creators as ‘creators’ and seasoned competitive gamers as ‘trainers’, from the VALORANT community to lead this training academy. They will select 20 creators from a pool of applicants, these creators will then form their own teams from within their communities. Each creator will either select 5 players for their team or play alongside 4 players, forming a total of 60 to 80 players. Additionally, 20 trainers will be selected, with each assigned to one of the 20 creator-led teams.

A gamer’s in-game VALORANT performance, including stats like hours played, win rates, successful kills, headshot percentage, and KDR, combined with their social standing in the community, such as tournament wins, content creation skills, and positive feedback, will be the foundation for selecting the first group of Trainers, Creators, and esports recruits for LIFT//OFF.

LIFT//OFF will offer all participants a first of its kind opportunity to connect with the global esports community. Top-performing teams will have the chance to showcase their skills in official VALORANT tournaments. Additionally, creators and trainers will receive official VALORANT merchandise, highlighting their involvement in shaping this program and contributing to the growth of the esports community in India. The program will include a mentor cohort which will captivate and engage a diverse audience.

The program aims to not only elevate the skills of esports recruits but also cultivate the next generation of esports idols. The program’s teachings extend beyond in-game strategies to encompass the broader aspects of life as an esports professional. By mentoring participants in every facet of the player’s social persona, KGeN seeks to use data to build the reputation and “gamer cred” of everyone involved, ensuring they are well-rounded individuals ready for the spotlight. Data-driven insights will be used to tailor tutorials and challenges, helping each participant address specific areas where they need help.

LIFT//OFF Roadmap

  1. Launch (Sep 18) – Applications for Creators, Trainers & Recruits go live.

  2. Last Date to Apply (Oct 10) – Last date for Creators, Trainers & Recruits to apply.

  3. Weekly & Daily Challenges Leaderboard (Nov 4 – 26) – In this period, players can take part in-game challenges to test their learning and also win rewards from the leaderboard.

  4. Finale (Nov 30 – Dec 3) – LIFT//OFF will feature a final tournament, to assess the learnings of the Recruits and the teaching effectiveness of Trainers.

How To Apply?

To join the LIFT//OFF program, select the role that best suits you and fill out the required details in the application form. A KGeN representative will reach out to you shortly to guide you through the next steps.

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Gaming

Evoplay rolls out successful third-person shooter title Star Guardians to wider operator network

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Evoplay rolls out successful third-person shooter title Star Guardians to wider operator network
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Evoplay, the award-winning game development studio, has expanded the availability of its groundbreaking skill-based title, Star Guardians to all its partners following a successful exclusive release.

Star Guardians blends the mechanics of slot games with the immersive action of third-person shooters. Players can choose from a range of unique characters, each equipped with their own special boosters and abilities, adding layers of strategy and customisation.

The game can be experienced in automatic or manual mode, where movement and shooting are controlled by the player, enhancing the skill-based element of the title.

Released as Evoplay’s flagship title in 2021, Star Guardians was originally released on an exclusive basis for operators. Due to its exceptional performance and popularity, the game is now being rolled out to the studio’s wider partner network.

Evoplay has continued to hone in on skill-based gaming experiences, including its most recent flagship title, the 3D racing game Adrenaline Rush which is currently available as an exclusive to its partners.

Ivan Kravchuk, CEO at Evoplay, said: “By merging role playing game elements with gambling, Star Guardians delivers an innovative and unique gaming experience for players.

“As a first-of-its-kind title, Star Guardians has consistently grown in popularity since its debut. With Gen-Z and millennial audiences playing an increasingly significant role in shaping the industry, we expect this wider release to drive even greater success.”

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Gaming

BGaming introduces first bird’s eye view crash game Top Eagle

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BGaming introduces first bird's eye view crash game Top Eagle
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Popular iGaming content provider BGaming has released its new take on the popular crash game genre with Top Eagle. The title has five unlockable plane skins on top of the default one, motivating personal milestones, a flight history bar and an altitude meter which registers multiplier levels.

Brave players must take off and then open their parachute ahead of the plane’s unfortunate crash. After landing safely and winning the prize, their bets will be multiplied. The altimeter at the bottom right of the screen registers the distance the aircraft covers and reflects the possible winning multiplier. Players who cash out after x2, x5, x10, x50 or x100 unlock additional skins for their plane, with one skin per milestone available.

Further tailored milestones await in Top Eagle, with a special Best Drop icon on the top right of the game field. This displays the highest multiplier value scored throughout the gaming session, while the Leading badge is earned once the plane successfully surpasses the player’s previous longest attempt.

During each round, the bar at the top of the main game records the biggest multiplier reached before crashing. If the player successfully cashes out, the multiplier shows as white, while a non-winning round remains pale grey.

As in other BGaming crash games, Top Eagle’s autoplay mode allows players to preset the number of flights they wish to take, while the automatic cashout gives them the chance to set a multiplier value at which the game will cash out.

Players may also switch between two energetic soundtracks, “Attack” or “Recon”, to dictate the atmosphere of the game, while changing the skin of their plane as they make progress through the game.

Mikalai Dzeneladze, Chief Casual Game Producer at BGaming, said: “Crash games have quickly become a staple in our portfolio, with their appeal stretching across many regulated markets, including LatAm. With its unique top-down view which offers diversity of the background and the illusion of flight, players will remain engaged for longer.

“This game is not to be missed by both long-term crash game fans looking for a new experience, and new players trying the genre for the first time.”

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