MARKETWIRE.NET

Decode Your Next Market Move

Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Mobile Gaming market. Market segmentation includes Device (Smartphone and Tablet and Genre (Strategy & Brain, Action & Adventure, Arcade, Casual, Casino and Other Genres)

Find Out More About Regions, Brands, Dominant, Active & Niche Companies Covered in the Report

24 November 2:26 a.m., Silicon Valley, California - According to the new market research report, the global market for Mobile Gaming is projected to grow at a CAGR of 11.5% reach US$153.5 billion by 2027, driven by rise in penetration of smartphones, enhanced internet access in countries around the world and increasing delivery of new games via cloud-based and mobile platforms. The global Mobile Gaming market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. The COVID-19 outbreak has enabled the gaming industry to post massive gains by increasing user engagement. While there is gloom across several industries, the current scenario has turned out into major opportunity for change for the gaming sector. The induced home stay amid the pandemic resulted in an unprecedented surge in game downloads. With people staying indoors amid the lockdown and having ample time on hand during the Covid-19 lockdown, user engagement with video games has seen a significant growth during the first two quarters of 2020.

The mobile gaming market is anticipated to increase at a steady pace in the coming years. The industry has evolved into HD games with premium visuals and solid interaction with catching storylines from pixelated graphics and negligible interactions. With the constant enhancement in mobile technology, the gaming mechanism has become more complex. Currently, the gaming industry faces high competition due to the presence of highly competitive games in the market.
As the gaming industry witnesses the transition from hardware consoles and PC gaming to cloud services, the options to access games becomes overwhelming. While consumers continue to use their traditional PCs and consoles for connecting to the Internet and accessing their games over the cloud in leisure, new options enabling on-the-go access to cloud games is now growing in prominence. With the emergence of new-age Internet enabled mobile devices, the need for consumers to be tethered to home-based computers in order to find and play their favorite games is fast diminishing. Enabling anywhere and anytime access to their favorite online games, mobile phones are becoming an ideal choice for accessing cloud games even. As consumers increasingly seek novel and more open approaches for storing and accessing games over the Internet and avoid issues with transferring gaming files from one device to another, mobile cloud based gaming services are poised to gain big time in the short to medium term period. Advances in the field of mobile technology coupled with better accessibility and connectivity have enabled a large number of players to participate in remote gambling. With rapid transition from console toward mobile, the mobile gambling has emerged a rapid growing platform. The switch from desktop-only to mobile-focused gambling is prompting developers to create exclusive applications for mobile phones. With the vast improvement in smartphone technology, gaming experience on mobile phones, the primary access avenue for newer generation, stands vastly increased, and is helping operators to attract and retain young players. 5G is expected to have a major impact on the gaming industry in future, bringing forth leading edge technologies and innovations that provide more effective communication. As video gaming moves to the cloud streaming model, there would be a requirement for ultra-low latency responsiveness that can be delivered by 5G. The technology's faster download and upload speeds would allow large mobile games exceeding a hundred megabytes, to be downloaded instantly.

Research Methodology
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. The views, opinions and findings presented are based on validated engagements from a total executive pool size of 13258. Among this pool, 1591 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 398 unique participations, a total of 179 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.

Key Competitors Covered in the Report -
Electronic Arts, Inc.
Gameloft
Glu Mobile, Inc.
Activision Blizzard, Inc.
The Walt Disney Company
Zynga, Inc.
GungHo Online Entertainment, Inc.
Rovio Entertainment Corporation
Kabam, Inc.
Supercell Oy

Segments Covered in the Report -
Device (Smartphone, Tablet)
Genre (Strategy & Brain, Action & Adventure, Arcade, Casual, Casino, Other Genres)

Geographies Analyzed in the Report -
World
USA
Canada
Japan
China
Europe
France
Germany
Italy
UK
Spain
Russia
Rest of Europe
Asia-Pacific
Australia
India
South Korea
Rest of Asia-Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East
Iran
Israel
Saudi Arabia
UAE
Rest of Middle East
Africa.

View Executive Engagement Dashboards, COVID Impact Questionnaires & Get Complimentary Access to Methodology & Full-Text Secondary Sources

For enquiries e-mail us at sales@strategyR.com .

For cutting edge analyst reviews on top industries, follow us on Twitter and connect with us on LinkedIn

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.

Contact Us:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: sales@StrategyR.com