What is the Mobile Gaming Content Market Value in Asia from 2014 – 2021?

Read to know more about the mobile gaming content market and its value in the Asian subcontinent from 2014-2021 and the results achieved

Esports & Gaming

By SD Desk Last updated Feb 28, 2023

Image Credit: twitter.com/@ZhugeEX

The mobile gaming industry has been rapidly growing all over the world, and the Asia Pacific region has been one of the strongest performers. Over the past decade, the region has experienced an impressive growth in the value of its mobile content market, which was forecasted to be worth a whopping 70 billion U.S. dollars by 2021. This is a significant increase from its value of 11.6 billion U.S. dollars in 2014. In this article, we will delve into the strength of the Asia Pacific gaming industry, the rise of mobile gaming, and what has contributed to this growth.

Strength of Asia Pacific Gaming

The Asia Pacific region makes up nearly half of the global games market revenue, and the region is home to several gaming giants that have displayed huge revenues. Of all the countries in the Asia Pacific region, China leads the gaming sector and is even the leading gaming market globally in terms of revenue, overtaking the United States. Throughout the past decade, China, like many other countries in the Asia Pacific region, has shown remarkable growth in its mobile game sales revenue.

The Rise of Mobile Gaming

The mobile gaming industry in the Asia Pacific region has seen a significant increase in users over the past few years. More and more consumers, such as those in South Korea, are opting to play mobile games instead of traditional console games. This shift can be largely attributed to the rise in smartphone ownership, which makes it easier for consumers to access games and make in-game purchases. This has helped boost the mobile gaming industry even further.

Growth of Mobile Gaming Industry in Asia

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The growth of the mobile gaming industry in the Asia Pacific region can also be attributed to the increasing popularity of mobile esports. Esports, or competitive video gaming, has been growing rapidly all over the world, and mobile esports is no exception. In 2020, the mobile esports market in the Asia Pacific region was worth an estimated 1.1 billion U.S. dollars, and this figure is expected to increase significantly in the coming years. This growth in mobile esports is not only boosting the mobile gaming industry but also creating new opportunities for game developers and publishers.

Another factor contributing to the growth of the mobile gaming industry in the Asia Pacific region is the increasing number of game developers and publishers. Many small and large game development studios have emerged in the region, and this has helped increase the number of high-quality mobile games available to players. The increase in the number of game developers and publishers has also created a more competitive environment, drove innovation and pushing the boundaries of what is possible in the mobile gaming industry.

Finally, the growth of the mobile gaming industry in the Asia Pacific region is also being driven by the increasing number of mobile gamers. In 2020, there were an estimated 1.5 billion mobile gamers in the Asia Pacific region, and this number is expected to increase significantly in the coming years. The increasing number of mobile gamers is creating a large and growing market for mobile games, providing game developers and publishers with a large and lucrative market to target.

The Asia Pacific region has been one of the strongest performers in the mobile gaming industry, and its growth has been phenomenal. With the rise of mobile gaming and the increase in smartphone ownership, the region is expected to continue its growth trajectory in the coming years.

The strength of the gaming industry in the Asia Pacific region is demonstrated by the fact that it makes up nearly half of the global games market revenue, and China is the leading gaming market globally in terms of revenue. The future of the mobile gaming industry in the Asia Pacific region looks bright, and it will be exciting to see what the future holds for this dynamic and growing industry. With these factors working in its favour, the future of the mobile gaming industry in the Asia Pacific region looks bright, and it will be exciting to see what the future holds for this dynamic and growing industry.