For the whole of 2022, they expect the mobile gaming industry will make a total of $86 billion. Sensor Tower predicts a 2.3% decrease in annual revenue. What can we expect by the end of the year? This tells us that reduced purchasing power is most likely the primary cause of the market decline. It’s interesting to note that it’s only the revenues that are dropping, while mobile game downloads remain stable.
With those unusual circumstances behind us, it will be difficult to surpass the results that came out of them. The fact is, during the pandemic, the mobile game market reached unexpectedly high numbers.
To be completely fair, it’s not only the global living crisis that’s affecting these numbers. This trend continued in Q2 2022 when the revenues dropped from 21B to $20.1B (Sensor Tower). In Q1 2022, the mobile game market experienced its first year-over-year decline in history, dropping by 6%. It’s no secret that the mobile game market has been booming for years. Even the pandemic didn’t slow down its rapid growth.
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