Title: Mobile Gaming Market Update, Analysis and Forecast from 2017 to 2024
1Mobile Gaming Market, Growth, Analysis,
Statistics, Trends, Forecast Report, 2024 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2 Regional Analysis of Mobile Gaming Market
- China outpaced the U.S. industry and held the
largest share in 2016 owing to the rising
smartphone revenues in the country due to the
availability of various local vendors. Asia
Pacific is estimated to be the fastest-growing
region over the forecast period followed by North
America. - MEA and Latin America are expected to have a
stable growth rate during 2016 - 2024.
3- Application Analysis of Mobile Gaming Market
- Technological advancements in software,
electronic devices, and internet connectivity,
such as light fidelity, wireless fidelity, and 5G
networks, may provide a growth opportunity for
the industry participants. These innovations may
spur the demand for mobile gaming market over the
projected timeline. - The mobile gaming market is highly dominated by
smartphones and tablets segment as approximately
280 million tablets were used actively all over
the world in 2016. Smartphones and tablets
segment will account for the highest revenue due
to software developments followed by PC games and
console games. Console games generated almost
two-third of the revenue. From 2015, the share of
PC browsers is decreasing due to a shift from
casual gaming to mobile devices.
4 Competitive Market Share of Mobile Gaming
Market
- Major companies of the mobile gaming industry are
EA, Gameloft, and Glu Mobile. Other prominent
vendors serving this industry include Tencent,
NetEase, GAMEVIL, I-play, MocoSpace, DeNA Co.,
Ltd., Microsoft, Sony Computer Entertainment,
GREE International, EA, Ubisoft, and Nexon. - Strategies adopted in the mobile gaming industry
are healthy mergers and acquisitions between the
existing and new entrants to bolster their
product pipelines. For instance, in 2014 Glu
Mobile took over Cie Games and PlayFirst. New
entrants are launching their products with
innovative technologies that may drive the
industry share in the coming years. Business
opportunities for the vendors lie in advertising,
sponsorships, and partnerships.
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