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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
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
The post 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 appeared first on European Gaming Industry News.
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T1 claims victory at Red Bull Home Ground 2024
After a thrilling Grand Final, T1 claimed the 2024 off-season champions title at this year’s Red Bull Home Ground. Emerging victorious with a 3-1 victory over Cloud9, they take home the much-coveted trophy for Korea.
In front of more than 2000 fans experiencing the excitement first-hand in Berlin, Germany and the thousands more watching at home, the professional VALORANT Invitational tournament saw a closely fought finale play out on the Arena Berlin stage.
As the event kicked off on Thursday 21 November, the Group Stages saw both T1 and Cloud9 put in dominant performances as they each went 2-0. While Team Heretics started in a strong position with a win over FOKUS, they fell to Cloud9 and, due to medical issues, were unable to continue, sending FUT Esports straight to the Semis. Vying for their own spot in the semi finals, last year’s champions Fnatic were unable to replicate their 2023 success as G2 headed into the lead with a 2-0 victory.
The Playoffs saw Cloud9 continue their dominant streak as their Semifinals match against G2 Esports went 2-0 with strong performances on both Sunset and Pearl. FUT Esports faced off against T1 in a hotly competitive game, with T1 taking the first map and FUT Esports the second. After a neck and neck showdown, T1 finally took Ascent as FUT bowed out the tournament and T1 advanced to the grand final.
The final stage of the competition saw Cloud9, who came in second place at last year’s tournament, go head to head against T1 in a thrilling matchup. Continuing to step it up in the grand final, T1 were off to a strong start as they took Abyss in a closely fought first match. Although Cloud9 soon equalled the score as they took the second map, it was T1 that eventually emerged victorious, winning the next two closely contested games to claim the trophy and Red Bull Home Ground 2024 champion title.
Following an excellent performance throughout the tournament, Red Bull Home Ground champion BuZz of T1 said: “Winning this tournament means a lot for us. Against international teams we show we’re strong, so that’s why I’m happy we win this tournament and maybe we can keep this momentum until the end of 2025!”
The post T1 claims victory at Red Bull Home Ground 2024 appeared first on European Gaming Industry News.
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ELA Games Signs Exciting Partnership with Rootz to Introduce Its Portfolio to New Audiences
Ela Games signs strategic partnership with Rootz
ELA Games is excited to announce its new strategic partnership with Rootz, an iGaming platform that focuses on exciting tech and automation.
Rootz is an all-encompassing iGaming solution built to help operators manage all aspects of their online casinos and power the brands of the future. Some innovative brands in the Rootz portfolio include Wildz, Chipz Casino and many more.
This strategic partnership will see ELA Games’ catalogue being hosted on many of Rootz’s brands. As a result, more players can experience ELA Games’ unique and innovative games like Cash Crab, Joker Cashpot and more. With many of the studio’s games implementing engaging gamification engines, Rootz’s brands can experience increased player acquisition, retention and engagement.
David Fall, ELA Games’ Business Development Manager and spokesperson, commented on the partnership, “We’re proud to announce this significant strategic partnership and are excited about the positive implications it will have on our growth. ELA Games will increase its market presence by being hosted on Rootz’s various platforms, and Rootz will experience increased player engagement from our innovative games. This partnership will prove to be a mutually beneficial one and a meaningful development for our studio.”
Sam Brown, Rootz’s CEO, added, “At Rootz, our players come first, so we’re always thrilled to augment our lobbies with top-quality casino content, like the titles in ELA Games’ catalogue. We’re sure our players will enjoy them, and we look forward to this mutually beneficial collaboration.”
ELA Games continues to experience expansive yet sustainable growth, as evidenced by this recent significant partnership. The studio continues its commitment to producing games with attractive UI and design that enhances the player experience.
The post ELA Games Signs Exciting Partnership with Rootz to Introduce Its Portfolio to New Audiences appeared first on European Gaming Industry News.
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CryptoWins Celebrates One-Year Milestone with Birthday Month Bonuses and New Slot Launch: Wild Alaska
This month marks the one-year anniversary of CryptoWins, a cutting-edge cryptocurrency-only casino that has quickly made an impact in the gaming world since its debut.
To celebrate, CryptoWins is rolling out a month of birthday bonuses and gifts for both new and returning players. Earlier this month, players already enjoyed an 80% VIP Match bonus, and the celebration continues with even more rewards, including a 66% match bonus for players who’ve made at least one deposit during the month, as well as a $20 freebie!
To kick off its birthday month, CryptoWins.com has introduced its latest video slot, Wild Alaska, created by Slotland Entertainment. This high-energy 5×3 slot game is packed with adventure and features a max multiplier of 750x, a $20 max bet, and 20 paylines. A standout feature is the Free Spins round, where all winnings are tripled, and Grizzly Wilds become Extended Wilds, giving players even more opportunities for massive payouts.
“This milestone wouldn’t be possible without the support of our incredible players. To show our gratitude, we’ve released a month of exclusive bonuses and a cool new game,” said Michael Hilary, CryptoWins manager. “We’ve built CryptoWins around the values of transparency, fairness, and player freedom. Our provably fair gaming technology ensures every player can verify game results for complete peace of mind, while our no withdrawal limits policy allows players to enjoy our platform to the fullest.”
In keeping with its commitment to providing regular rewards, CryptoWins has continued to deliver ongoing promotions throughout the year, including reload bonuses and cashback offers. The casino also boasts a dedicated VIP loyalty program, designed to reward consistent play with exclusive perks.
NOVEMBER BIRTHDAY GIFT BONUSES:
1/ THANKSGIVING $20 FREEBIE
Available Nov 26 – Dec 1
* $20 free
* Max cashout: 3x
* Valid for: SE all games
* Wager: 37x
* BONUS CODE: BIGTHANKS
2/ 66% LOYAL MATCH
Available Nov 26 – Dec 1
* 66% for players who deposited at least once in November
* Redeem: 1x per day
* Valid for: SE all games
* Wager: 35x
* BONUS CODE: LOYAL66
The future is bright for this forward-thinking cryptocurrency online casino, and players can look forward to even more developments in the months ahead.
CryptoWins, a cryptocurrency casino operated by Slotland Entertainment offers 500+ games from Slotland Entertainment S.A. and eight other game providers: ELA Games, EvoPlay, Felix Gaming, KA Gaming, Rival Gaming, SmartSoft, Spinthon, and Vibra Gaming. Fast deposits and withdrawals are done using Bitcoin, Litecoin, Ether, Monero, Tether, Binance Coin, and USD Coin. Support is available around the clock via live chat and email.
The post CryptoWins Celebrates One-Year Milestone with Birthday Month Bonuses and New Slot Launch: Wild Alaska appeared first on European Gaming Industry News.
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