Mobile Game Market Set To Reach $190bn by 2030

The mobile game market is thriving right now, and regulations are set to become a pressure point for companies. According to GlobalData’s mobile gaming report, the market is set to reach $190bn by 2030, a sharp increase from $124bn in 2023. Rupantar Guha, the principal analyst at GlobalData, has said that even though the mobile gaming market experienced some decline in 2021, the market experienced a substantial recovery with revenue increasing by over 6%. The maturation of technology, such as 5G, has helped gamers to embrace mobile once more.

Activision and Blizzard are Now Investing in Mobile Gaming

PC game publishers, including Blizzard and Activision, are now investing heavily in mobile gaming. A lot of sites are also ensuring that their games are optimized for phone users. If you play blackjack for cash, you’ll notice that there are now casino apps that are catered for mobile, meaning fans can play live blackjack, or even Premium blackjack on the go without compromising the experience. Some publishers are even going as far as to make their best-selling titles available to download on phones. A few years ago, these games would have been far too complex for a mobile release, but competition is helping to drive the market, creating pressure points that could shape the future of gaming as we know it.

Another factor that is helping to drive the market is the release of new gaming devices. Phones are now coming with shoulder buttons, cooling fans, and various other features that make them more suited to intensive titles. As technology advances, it wouldn’t be surprising to see a spike in not only games for mobile devices but also a new generation of devices to support them.

Mobile Gaming Expertise is a Must-Have

A research report suggests that most gamers are going to be embracing mobile titles by 2030. A lot of this is going to be driven by eSports and cloud gaming, but devices also have a huge part to play.

Apple’s iPhone 15 is capable of running console-quality games, which is attracting more publishers and gamers. Data also indicates that mobile experience is a must-have for game companies who are making new hires. Tech titans such as Netflix are also putting a mobile focus on the games they create, but Chinese regulations could well pose a risk to the sector. One announcement wiped $80 billion from NetEase and Tencent, virtually overnight.

Even though some bumps in the road are to be expected, it seems that the mobile market is thriving right now and that a lot is being done to ensure that it stays on a positive trajectory. Phone companies are investing heavily in gaming features, and publishers are ensuring that their games can be played on mobile without compromising the graphics or smooth animations that a desktop provides. 

These two factors combined are helping to bolster the mobile market, as it is on track to grow substantially over the coming years. When you combine this success with the introduction of new and diverse payment methods, the market is now more accessible than ever to casual gamers.