Augmented accessibility to gaming and other applications is optimistically boosting the mobile gaming market. Moreover, the availability of high-speed Internet and cloud technology is anticipated to lift the market for mobile gaming in the coming years. The expansion of wearable devices for gaming is projected to create new aspects for development of the market in the approaching period.
The proliferation of electronic devices and smartphones is encouraging the expansion of the mobile gaming market. Reports that inspect the information and communication technology industry have been offered by Market Research Future, which makes reports on industry verticals that review the market development and prospects. The market is anticipated to harness a favorable CAGR in the forecast period.
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The global mobile gaming market is driven by rising smartphone and tablet purchases, change in consumer habits related to mobile devices, and the rapidly growing smartphone gaming community globally. Easy access and affordability of 3G/4G internet globally has also made mobile games more accessible to most of the population. Technological advancements in the gaming world also drive the market ahead due to more user-friendly and engaging games brought into the trend, raising demand. The factors affecting market growth are making a stable business model and maintenance of the quality of the games.
The segmental evaluation of the mobile gaming market has been conducted on the basis of type, region, device, and platform. On the basis of type, the mobile gaming market is segmented into casino, strategy & brain, action/adventure, sport, and role-playing games, and others. Based on the device, the mobile gaming market is segmented into tablets, smartphones, PDAs, and others. On the basis of the platform, the mobile gaming market is segmented into iOS, Android, and Windows. The regions included in the mobile gaming market are Europe, Asia Pacific, North America, and the rest of the world.
Detailed Regional Analysis:
The regional investigation of Mobile Gaming Market covers regions such as are Europe, Asia Pacific, North America, and other regions. The mobile gaming market is appraised to develop at a substantial rate throughout the forecast period. The North American region is anticipated to rule the mobile gaming market through the forecast period due to the initial implementation of smartphones and mobile gaming in the region. The North American region has also been accepted as the leader in technological inventions and inventions due to elevated investments in research and technologies such as wireless, cloud, and augmented and virtual reality, among others. The Asia Pacific region is predicted to advance at a momentous pace in the forecast period, owing to the growing implementation of smartphones, tablets, and other smart devices in the emerging economies such as China, India, and South Korea. Additionally, the growing digitalization and implementation of cloud-based services in these nations have enhanced the game development & multi-player feel, which is swaying the market of mobile gaming in Asia Pacific region positively.
The major players in the market of mobile gaming are Apple, Inc. (US), Google (US), Activision Blizzard, Inc. (US), Electronic Arts Inc. (US), MocoSpace (US). Glu Mobile Inc (US) Sony Corporation (Japan), Nintendo Co. Ltd. (Japan Tencent Holdings Ltd. (China),), Ubisoft Entertainment SA (France), and Gameloft SE (France).
Others players include Niantic (US), King Digital Entertainment (US), Jam City (US), Machine Zone (US), Supercell (Finland), Rovio (Finland), NetEase (China), Netmarble (South Korea), Playrix (Russia), and Miniclip (Switzerland).
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