download free the rise of gaming revenue

The list of top-earning games in 2023 for January includes Candy Crush Saga, Lilith Games’ AFK Arena, and Supercell’s Clash of Clans, amongst many other names. PUBG mobile generated $151.3 million in revenue, while Honor of Kings made $151.3 million, marking a 25% year-over-year growth rate in comparison to January 2019. The year 2023 has been great so far for Tencent, the mobile game development company behind PUBG mobile and Honor of Kings, both of which occupy the top two spots in the list of top-earning games of 2023, across both, iOS and Android platforms. As it stands, the answer to the question “How much can a game app make?” keeps on increasing in monetary value, with the passing of each year. This shows that the younger generation, primarily millennials and Gen-Z, are the main reason behind this growth. The graph below exhibits that this population will continue to rise, which could help increase the revenue game apps generate. User data from the past four years suggest a rise in-game app user population by 25.61%, moving from 1.2 billion users approximately to nearly 1.5 billion. This steep rise of game app revenue is a direct consequence of the popularity of mobile devices, as they become a primary tool for entertainment for the masses.Īs trends suggest, people from the ages of 18-34 form 61% of mobile game app consumers, with 36% ranging from 25-34. The overall revenue generated from mobile apps increased by 17.8%, going from $44.2 billion to approximately, $52.1 billion. The mobile game industry has seen a significant boost from 2017- 2023.

The History and Trends Of Game Apps, Their Revenue, & User Base

Download free the rise of gaming revenue