Mobile Gaming Market is estimated to grow at a significant rate during the forecast period 2025–2035
Mobile Gaming Market to have significant CAGR during forecast period 2025-2025
Pune, India, August, 2018, MRFR Press Release/- Market Research Future published a half-cooked research report on the mobile gaming market.
Market Highlights
With the emerging technologies such as augmented reality and sensor technology has given a tremendous growth to the mobile gaming market as they provide an enhanced gaming experience to the users with realistic features. Location based games such as Geocaching, Pokemon Go and BotFighters are currently trending in the market. These games are enabled with augmented reality and use satellite positioning through GPS technology for obtaining the player’s real-time cordinates for playing games on devices.
Industry News
June, 2018, Sony is planning to improve its exclusive PlayStation 4 console games at par with mobile games, as mobile gaming companies have a good knowledge about what consumers want and how they play mobile games, and this information becomes important to improve the features and add content for upcoming games.
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Key players
The prominent players in the market of mobile gaming are Google (US), Apple, Inc. (US), Activision Blizzard, Inc. (US), Sony Corporation (Japan), Tencent Holdings Ltd. (China), Electronic Arts Inc. (US), Nintendo Co. Ltd. (Japan), Ubisoft Entertainment SA (France), Gameloft SE (France), Glu Mobile Inc (US) and MocoSpace (US).
Others players include Supercell (Finland), Niantic (US), NetEase (China), Machine Zone (US), Netmarble (South Korea), King Digital Entertainment (US), Jam City (US), Rovio (Finland), Playrix (Russia), and Miniclip (Switzerland).
Regional Analysis
The global market for mobile gaming is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis for mobile gaming market is done for North America, Europe, Asia-Pacific, and the rest of the world.
North America is expected to emerge as the leading region for mobile gaming market during the forecast period due to early adoption of technological advancements in wireless and multiplayer gaming. Additionally, this region is hub to major gaming developers. Also, well established economies in the region such as US, Canada, and Mexico are looking to invest in the study of emerging technologies such as sensors, wireless, mobile and smart devices and augmented reality, influencing growth of mobile gaming market in the region.
Asia Pacific is expected to grow at a significant rate due to the high demand for smartphones, tablets, wireless gaming and others and increased adoption of cloud, Internet augmented reality, virtual reality, sensors and other technologies in the developing economies such as China, India, and Japan which is expected to drive the growth of the mobile gaming market.