Once, gaming was something that had to be done either at a specific location or with a specialist piece of kit; now things are very different. Gaming is now a pursuit enjoyed by many thanks to the rise in mobile phone use, which means you can play the games of your choice anywhere you happen to be. This post will explore the size of the gaming market and look at how and why it is growing so rapidly.
Facts and figures
The mobile gaming market is huge. There are all kinds of estimations out there about the exact size of this market, and the constantly evolving nature of the industry makes it difficult to work out exactly how big it is. But overall, it’s believed that there will be a 736% increase in the amount of revenues made by mobile games developers across the period from 2012 to 2021. By 2021, the mobile games market is estimated to be worth around $106.2 billion US dollars – more than overall movie box office revenues.
Why so big?
The issue of why the mobile gaming market is so big is a monolith of a question. But there are some pointers as to why this is the case. Firstly, mobile phones generally are so popular that games developers have had to ensure that there is enough game diversity to respond to consumer needs. As https://www.bonusseeker.com plus all the many games websites out there show, games are ever-popular.
But there are other reasons, too. Mobile phone screens these days are excellent, for example, and it’s now possible for games to be played in 4K. While they are of course smaller than a television screen or other location into which you can plug a console, the sleekness and portability of a phone combined with the new high-quality screen levels they offer means that they provide the perfect combination.
Growth potential
The facts and figures show that growth is a near-certainty in this market. And as ever more consumers discover increasingly innovative mobile gaming options, it’s likely that it will grow further in 2021 and beyond. Facial recognition tools are booming, for example, and are offering consumers the chance to become more and more integrated into their games and feel like a real participatory character. And with voice activated commands, virtual reality and more all likely to feed into demand, this is an industry that is set to rise and rise.
There’s no doubt about it, the mobile gaming market is pretty large, and it’s not likely to get any smaller soon. In fact, it’s more likely that gaming will continue to grow and be a popular sector of the mobile world for a long time to come thanks to the diversity of games on offer, the ease of use of mobile devices, the beauty of the visuals, and much more.
To read more on topics like this, check out the gaming category.
