Mobile Game Market Generate $46 Billion in Revenues in 2017
The major revenues of the gaming industry come from mobile users and games, although most of the media and companies have been obsessed lately with the E3 conference, focusing mainly on the world of computer games and gaming consoles.
According to Newzoo’s Global Games Market Report the total volume of gaming industry in 2017 is over $108.9 billion, or 7.8% more on an annual basis. A total of 42% of global gaming revenue is currently generated by smartphone and tablet games.
The smartphone segment carries $35.3 billion (annual growth over 22%), or 32%, and tablet games – $10.8 billion, with the increase being “more modest” – about 11% over the previous year. The segment relies on the largest number of gamers – more than 2.1 billion, most playing on their smartphones.
There is also an increase on online gambling games, such as online roulette, the main reason is typical, only one type of roulette is played in the traditional betting room or casinos.
Online you have the option to choose from many different games. Want to play online roulette? French Roulette? Or do you want to try a video game roulette? The choice is entirely yours. You can play whatever you want and when you want. The online casino is open continuously. The roulette game on your mobile device is always available.
The next in revenue are the game titles for consoles, which account for about 31% of industry revenue, or more than $33.5 billion. Here, annual revenue growth is 3.2%. With browser-based PC games, revenue drops 9.3% annually to $4.5 billion, with gamers continuing to migrate to mobile versions of titles. Revenues from downloaded online or PC-bought games also dropped but slower – 1.3% to $24.6 billion.
According to Newzoo forecast, in 2020 the total games market will reach $128.5 billion, with the largest segment remaining mobile with an average annual growth rate of about 13.9%, taking more than 50% of the market in 2020. Source: Newzoohttp://szlifestyle.com/sz/2017/07/13/mobile-game-market-generate-46-billion-revenues-2017/https://i1.wp.com/szlifestyle.com/sz/wp-content/uploads/2017/07/Mobile-Games.jpg?fit=900%2C575https://i1.wp.com/szlifestyle.com/sz/wp-content/uploads/2017/07/Mobile-Games.jpg?resize=180%2C150ENTERTAINMENTapp,application,games,Internet,smartphoneThe major revenues of the gaming industry come from mobile users and games, although most of the media and companies have been obsessed lately with the E3 conference, focusing mainly on the world of computer games and gaming consoles. According to Newzoo’s Global Games Market Report the total volume of...Martin JonesMartin Jonesmartinj@szlifestyle.comContributorMartin Jones is a writer at szlifestyle.comszlifestyle.com Tech News, Life Style, Reviews, Videos!