Aug 02, 2022
In General Discussions
This means that mobile gaming revenue is more than that of PC gaming and console gaming combined: the former bringing in more than $36 billion, and the latter more than $50 billion, in 2021. Unlike mobile gaming, PC gaming and console gaming have not been as resilient to the supply chain disruption brought about by the Covid-19 pandemic, as well as the delays in game releases it has caused. While console gaming may have initially benefited from the lockdown (as evidenced by the record profits and sales enjoyed by Nintendo in 2020, driven by a boom in popularity for the Switch), it and PC gaming have been less able to withstand the after-effects. According to the report, mobile gaming grew by 7.3% year on year, while PC gaming shrank by 0.8%, and console gaming by 6.6%. Altogether, gaming brought in a total of $180.3 billion in 2021, with a growth rate of 1.4% – clearly kept in the black by mobile gaming’s growth. The workload like this whatsapp number list allows both the vendor and the affiliate to focus on. Clicks are the number of clicks coming to your website’s URL from organic search results. Newzoo forecasts a compound annual growth rate (CAGR) of 11.2% for the mobile games market between 2019 and 2024, predicting that mobile games will generate $116.1 billion in 2024, driven by growth markets such as the Middle East and Africa, Latin America, Southeast Asia, and India. Mobile gaming revenue spiked at the beginning of the Covid-19 pandemic, According to an annual report by Sensor Tower, The State of Mobile Gaming 2021, global revenue from mobile gaming spiked at the beginning of the Covid-19 pandemic, with year-on-year growth in Q1 2020 jumping by 18.6% – more than the growth recorded during the entirety of 2019 (18%). Q2 2020 brought even higher growth, with revenue increasing by 32.9% year-on-year. For the first time that quarter, mobile gaming earned more than $20 billion globally.