Mobile Gaming: Expected over US$108 billion in revenue for 2023

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Market Desk (Entertainment): A shared report is published by IDC and DataAI revealed an in-depth assessment of gaming industry, indicating that mobile games will continue to lead the extensive market.

Based on predictions provided by IDC and DATA.AI expectations reveal that mobile gaming will dominate 56% of the worldwide consumer gaming expenditure in 2023, in contrast to console gaming, which will account for 22% of revenue, 21% for Mac/PC and handheld consoles for roughly 1%.

2022 was revealed decrease in revenue for mobile gaming since the beginning of app stores. But 2023 has shown optimism of mobile gaming indicating growth than the previous year.

While direct spending on gaming has declined, mobile has been in a good position so far in this sector. Gaming has been considered big business globally since the time of the 2020 pandemic.

Analysts say that by 2026, the growth of the global gaming market will increase by 13%. And the mobile platform will lead this sector.

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