Mobile Gaming Now Makes Up Over 50% Of Global Gaming Market

A new report by Newzoo shows that mobile gaming now makes up over half of the global gaming market by revenue. In their latest quarterly update to their Global Games Market Report, Newzoo forecasts that total gaming revenue for 2018 will hit $137.9, a 13.3% increase from last year. Mobile gaming will make up $70.3 billion (51%) of that total.

The report also includes projections of the global gaming market to 2021. While mobile will continue to be the best performing segment, its success will not come at the expense of console or PC gaming. Both PC and Console gaming are projected to see increases in nominal terms though they will both lose market share to mobile.

The report also includes a breakdown of revenue by region. China takes the largest cut: $37.9 billion (28%) of the global total. The US comes second at $30.4 though it would be interesting to see the platform breakdown for each region. One would suspect the US console share is higher than the global average since China has practically no console penetration.

If you're interesting in the numbers behind the gaming industry, the post is well worth checking out.

Further Reading: Newzoo Global Games Market Report