• Latest
  • Trending
  • All
Global Gaming Market To Hit $222 billion This Year

Global Gaming Market To Hit $222 billion This Year

June 20, 2022
Olaoluwa Pays Courtesy Visit To Alaafin, Seeks Blessing For Governorship Aspiration

Olaoluwa Pays Courtesy Visit To Alaafin, Seeks Blessing For Governorship Aspiration

June 14, 2025
Ilaka Denies Defection Rumour, Reiterates Commitment To PDP 

Ilaka Denies Defection Rumour, Reiterates Commitment To PDP 

June 14, 2025
Anxiety In Igbeti Over Rock Fragments From Popular Iyamopo Hill 

Rock Weathering Incident: Oyo Govt Assures Igbeti Resident Of Safety

June 14, 2025
Pupils Showcase Talents As OYOSUBEB Organizes Sports Competition

Pupils Showcase Talents As OYOSUBEB Organizes Sports Competition

June 14, 2025
Oke-Ogun APC LG Chairmen Visit Reps’ Member, Kareem Tajudeen, Hail His Contributions

Oke-Ogun APC LG Chairmen Visit Reps’ Member, Kareem Tajudeen, Hail His Contributions

June 13, 2025
Olaniyan Congratulates Professor Gbadegesin On National Honours, Hails Tinubu

Olaniyan Congratulates Professor Gbadegesin On National Honours, Hails Tinubu

June 12, 2025
SAfER II: Oyo Govt Begins Distribution Of 10kg Rice To 30,000 Residents

Dangote Foundation Brings Relief to 30,000 Needy in Oyo, Distributes Bags of Rice

June 12, 2025
Eegunjenmi Family Mourns Amb. Adefope’s Passing, Says Vacuum Left Will Be Difficult To Fill

Celebration Of An Icon: A Tribute To Her Excellency Ibironke Adefope By Amofin Beulah Adeoye

June 12, 2025
Amofin Beulah Adeoye’s Gubernatorial Bid Gains Momentum as Ipapo Community Declares Support

Amofin Beulah Adeoye’s Gubernatorial Bid Gains Momentum as Ipapo Community Declares Support

June 11, 2025
SAfER II: Oyo Govt Begins Distribution Of 10kg Rice To 30,000 Residents

SAfER II: Oyo Govt Begins Distribution Of 10kg Rice To 30,000 Residents

June 11, 2025
Eegunjenmi Family Mourns Amb. Adefope’s Passing, Says Vacuum Left Will Be Difficult To Fill

Eegunjenmi Family Mourns Amb. Adefope’s Passing, Says Vacuum Left Will Be Difficult To Fill

June 11, 2025
Sallah: Olaoluwa Pays Sallah Visit to Oyo APC Chairman, Calls for Party Unity

Sallah: Olaoluwa Pays Sallah Visit to Oyo APC Chairman, Calls for Party Unity

June 11, 2025
">
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju
Sunday, June 15, 2025
  • Login
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju
No Result
View All Result
No Result
View All Result
">
">

Global Gaming Market To Hit $222 billion This Year

by InsideOyo
June 20, 2022
in Political News
0
Global Gaming Market To Hit $222 billion This Year
">

Mobile gaming currently accounts for 61 percent of the worldwide gaming business, with sales expected to hit $222 billion before the end of 2022.

The rapid growth of the smartphone category throughout the projection period may be attributed to the widespread usage of smartphones and strong internet penetration, especially in distant places. In addition, new AR, cloud gaming, and VR capabilities have been introduced to improve the end-user experience of smartphone gaming. Because the widespread use of smartphones will result in a massive increase of the gaming sector.

RelatedPosts

Olaoluwa Pays Courtesy Visit To Alaafin, Seeks Blessing For Governorship Aspiration

Ilaka Denies Defection Rumour, Reiterates Commitment To PDP 

Oke-Ogun APC LG Chairmen Visit Reps’ Member, Kareem Tajudeen, Hail His Contributions

ADVERTISEMENT

According to data.ai’s recent analysis, the mobile gaming business is expanding 1.7 times faster than the entire gaming market, thanks to multiple mobile features, including bet games and other offerings from various companies.

In Q1 2021, users downloaded 45 percent more games than recorded before the start of 2020, averaging 1.1 billion games weekly.

Gamers spent $1.6 billion weekly on games on iOS and Android devices in 2021, up 30% from 2020.

ADVERTISEMENT

“Mobile is democratizing the space and is now the primary driver of growth for digital games consumption. We are seeing greater diversity across gaming genres allowing publishers to serve new gamers across generations and genders,” said the Head of Market Insights, data.ai, Lexi Sydow.

Asia continues to lead the world in terms of expenditure growth, followed by the United States and Europe.

Asia Pacific Gaming Market is set to retain dominance over a projected period between 2022 and 2028.

The launch of smartphones with new embedded features by large manufacturers in countries such as China, Malaysia, South Korea, India, Singapore, Japan, and Taiwan in the following six years is attributed to the gaming market’s growth in the Asia Pacific zone. Furthermore, the rising popularity of e-sports in nations like South Korea and Taiwan will fuel regional market expansion. According to reports, game streaming is available on MTV and YouTube in countries such as India. This has had a significant impact on regional market profit margins.

While core games with real-time online functionalities, such as player-versus-player, remain the most popular genres, cross-play elements are becoming increasingly popular. Top gaming and betting brands like Betway are paying close attention to diversifying options to appeal to as many users as possible.

Simultaneously, easy-to-play hyper casual and stimulating games, such as 4x March-Battle Strategy games, were among the most monetisable genres, while consumer spending on Open World RPGs increased significantly.

Surprisingly, women account for over half of the top mobile games in terms of consumer expenditure in the United States, while Gen X and Baby Boomers reported continuous increases in mobile game spending. A similar trend is expected to go on, given, Betway and other top gaming brands continue to accommodate more games for all types of players.

The survey also discovered that video advertising dominates the majority of gaming subgenres, with Match Games having the most Playable commercials at 31 percent.

“From a mobile in-game advertising standpoint, our US gamer survey results from late last year suggested that studios and publishers should emphasize rewarded videos and playables, and that contextual data about gamers will grow more important over time as Apple, Google, other vendors, and regulatory bodies in several key countries prioritize customer data privacy and security,” said Lewis Ward of Gaming and VR/AR, IDC.

Share this:

  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Tweet
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Threads (Opens in new window) Threads
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Bluesky (Opens in new window) Bluesky

Like this:

Like Loading...
">
Previous Post

Lawmaker Calls For Cancellation Of APC Reps’ Primary In Irepo/Oorelope/Olorunsogo

Next Post

Police Arrest Bank Workers, 4 Others Over Alleged Plans To Rob Bank In Ibadan 

InsideOyo

InsideOyo

InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

Related Posts

Olaoluwa Pays Courtesy Visit To Alaafin, Seeks Blessing For Governorship Aspiration

Olaoluwa Pays Courtesy Visit To Alaafin, Seeks Blessing For Governorship Aspiration

by Olayi Abide
June 14, 2025
0

The President of the Peter Olaoluwa Foundation (POF), Olaoluwa Peter Abidemi, popularly known as OPA, has paid a courtesy visit...

Ilaka Denies Defection Rumour, Reiterates Commitment To PDP 

Ilaka Denies Defection Rumour, Reiterates Commitment To PDP 

by Adebola Sanmi
June 14, 2025
0

Former Chief of Staff to the Oyo State Governor and chieftain of the Peoples Democratic Party (PDP), Oloye Oyebisi Ilaka,...

Oke-Ogun APC LG Chairmen Visit Reps’ Member, Kareem Tajudeen, Hail His Contributions

Oke-Ogun APC LG Chairmen Visit Reps’ Member, Kareem Tajudeen, Hail His Contributions

by Ayo Mukhail
June 13, 2025
0

The ten All Progressives Congress (APC) Local Government Chairpersons from the Oke-Ogun axis have paid a courtesy visit to Hon....

Olaniyan Congratulates Professor Gbadegesin On National Honours, Hails Tinubu

Olaniyan Congratulates Professor Gbadegesin On National Honours, Hails Tinubu

by Olayi Abide
June 12, 2025
0

Engr. Rauf Aderemi Olaniyan has extended his warmest congratulations to Professor Segun Gbadegesin, a distinguished pro-democracy advocate and illustrious son...

Next Post
Police Arrest Bank Workers, 4 Others Over Alleged Plans To Rob Bank In Ibadan 

Police Arrest Bank Workers, 4 Others Over Alleged Plans To Rob Bank In Ibadan 

Please login to join discussion

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Click to download InsideOyo.com App

Join Our WhatsApp Group

Copyright © 2025 Inside Media

Navigate Site

  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju

Copyright © 2025 Inside Media

%d