Mobile Gaming: The Never‑Ending Boom
Think of the mobile gaming industry as the one that never asks, “Do you really want to keep scrolling?” It’s growing faster than a teenager’s Wi‑Fi speed. According to GoldenCasinoNews, the global market will hit a whopping $52 bn of revenue in 2020, up a tidy 6.2% from yesterday’s numbers. And that’s just the tip of the iceberg—by 2024 the market is projected to swell to $56.6 bn.
From Profit to Pocket‑Change
- 2017 saw mobile games rake in $44.2 bn in profit.
- Two years later, that number jumped to $49 bn worldwide.
- Forecasts say the market will keep growing at a steady 2.1% annual rate for the next four years.
- Average revenue per user is sitting at $35.16 now but is expected to dip to $32.66 by 2024.
Geography Matters (We’re Still Talking About China)
- China remains the planet’s biggest mobile gaming playground, with a projected $19.9 bn profit in 2020—almost 40% of the world’s total.
- The U.S. isn’t far behind, earning $10.1 bn this year.
- Japan is third with $6.4 bn, followed by South Korea and the U.K. at $2.2 bn and $1.4 bn respectively.
More Players, More Fun
Back in 2017, the mobile gaming community was 1.1 bn strong. Over the next two years, that crowd grew by over 100 m each year, hitting 1.3 bn in 2019.
Fun fact: a solid 36% of those players were aged 25–36. That’s the perfect age to be a tech wizard and a procrastinator in equal measure.
Future Forecasts
- We expect the mobile user base to touch 1.4 bn this year.
- By 2024, the player count will cross 1.7 bn worldwide.
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