Mobile gaming has grown significantly within the last couple of years and has influenced growth in a number of industry domains. Keep on reading to know more.
Mobile gaming has improved a lot within the last decade and it is not showing any sign of slowing any time soon. Mobile games have influenced online gaming industry greatly mainly due to two major trends. First is the online gaming legalisation in different parts of the world. The second trend is the rising number of mobile users over the years.
This trend is going to get stronger with the significant advances in mobile technology. Also, it will also influence the online gaming sector with more and more players opting for mobile gaming devices instead of laptops and PCs.
More mobile gamers
Mobile gaming also influences the online casino industry significantly. As per the reports by Juniper Research’s 2015 published white paper, the global online gambling industry is going to rake around $1 trillion by the end of the year 2021. This is a 42% hike in revenue in a span of 6 years. players, especially from Cina and Japan has added to this significant change by migrating away from traditional PCs to mobile devices. The mobile gaming apps have made it easier for the players to access their casino online mobile slot games from anyplace and anywhere.
Growth in the global economy
It has significantly contributed to the global economy. Take a look at China. The country makes up about 28% of the global mobile gaming economy. Japan, on the other hand, makes up for the lower demographics by relying more on high spending habits. It makes up for a huge chunk of the country’s economy. You would be surprised to know that Japanese mobile players spend on average 50% more than players from America. They spend 150% more than European players. From the demographics, it is very clear that mobile gaming has a significant impact on global online gaming revenue. The contribution of mobile gaming to global online casino revenue has increased from 18% in 2012 to 51% in 2018 which is a significant jump as per the reports from Newzoo’s 2018 Global Games Market Forecast. The same report predicted that the revenue percentage will keep on increasing in the following years up to 59% by 2021.
Mobile gaming has also influenced to develop better and better mobile technologies. New mobile games provide the much-needed incentive to the developers to create better apps for Android and iOS users. They invest heavily in development and research to provide the users with the best gaming experience that they could possibly get. Even the gaming industry has helped to develop the online payment industry by giving them an opportunity to provide their services across all the other platforms allowing players to make in-game purchases easily as well as make deposits for online casinos. Development in mobile gaming has resulted in different types of games which has indirectly boosted the sports betting and online loto industry in some parts of the world. The future of the mobile gaming industry looks promising.