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Paid competitive gaming growing 6x faster than overall mobile gaming: RPT

A report on Friday showed added that consumer spending on games has gone up by around 40 per cent in the last three years

Gaming, games, online, tech

Photo: Bloomberg

Raghav Aggarwal New Delhi
With an annual growth rate of 31.9 per cent, paid competitive gaming (PCG) is growing six times faster than the overall gaming market, a report released on Friday showed. The overall global mobile games market is growing at 4.9 per cent per annum.

According to the "Global Paid Competitive Gaming Report 2023" released by gamer data firm Newzoo and gaming firm MPL, the PCG market is expected to reach $16 billion globally by 2024, while the overall mobile gaming market is expected to touch $223 billion. 

It added that consumer spending on games had gone up by around 40 per

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First Published: Mar 24 2023 | 2:27 PM IST

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