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Mobile gaming market falls nearly 10% in first half of 2022: Report

The majority of mobile game genres saw a decline in sending and downloads in the first half of 2022, with the total mobile gaming market falling 9.6 per cent year-over-year, says a new report.

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Mobile gaming market | gaming industry

IANS  |  San Francisco 

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The majority of mobile game genres saw a decline in sending and downloads in the first half of 2022, with the total falling 9.6 per cent year-over-year, says a new report.

According to a new Sensor Tower Game Intelligence data, the dropped to $11.4 billion in the first half of 2022. Arcade and Tabletop games were the only categories to see revenue increase.

Arcade game revenue increased 14.8 per cent year-over-year to around $176 million. Other genres -- from hypercasual to RPG -- declined, AppleInsider reported.

Racing games saw the greatest drop with a 28.8 per cent decline in revenue year-over-year, and geolocation augmented reality games dropped 26 per cent in the same period.

In addition to the drop in revenue, mobile game downloads also fell 2.5 per cent year-over-year to 2.4 billion.

Revenue for just the second quarter of 2022 decreased by 11.4 per cent to $5.6 billion, although downloads remained relatively flat at 1.2 billion.

The report attributes the overall drop in the to a variety of headwinds and challenges, including inflation, the end of Covid-19 lockdowns, and privacy changes like the deprecation of the IDFA tag.

--IANS

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sat, August 06 2022. 13:13 IST
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