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Mobile gaming as an alternative to PC cafes: the closure of these cafes has led many to (temporarily) churn to mobile gaming.

Mobile gaming has the lowest barrier to entry: more than two-fifths of the global population owns a smartphone-and many mobile titles are free to play.

There are a few reasons why mobile will enjoy more growth than both PC and console gaming: In total, mobile games will generate revenues of $77.2 billion in 2020, growing +13.3% year on year. Coronavirus Lockdown Measures Will Result in Higher Consumer Spending on Games, Especially on MobileĪll game segments saw an increase in engagement and revenues as a result of the COVID-19 measures, but mobile gaming saw the biggest increase.

However, the launch of the next-generation consoles toward the end of the year is also a key contributing factor. During these trying times, gaming has become a means of escapism and time filling for many.Īs a result, one of this year’s growth drivers is an increased interest in gaming due to COVID-19-related lockdown measures. The world is currently undergoing a harrowing and unprecedented event: the COVID-19 pandemic. We also provide our outlook for the overall games market, diving into our revenue estimates towards 2023. In this article, we’ll explore the 2020 revenues for mobile, PC, and console gaming. We forecast that 2020’s global games market will generate revenues of $159.3 billion, a healthy year-on-year growth of +9.3%. Last week, we published our latest games market estimates for subscribers to our Global Games Market Report (and also via Newzoo’s Analytics Platform).

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