Powered by Game IQ, the report reveals that mobile gaming represents 61% of the overall gaming market, which is set to hit $222 billion in 2022.
The report reveals that mobile gaming is set to surpass $136 billion in 2022 — growing 1.7x faster than the gaming market overall. Globally, users downloaded 45% more mobile games per week in Q1 2021 from pre-pandemic levels, clocking in at over 1.1 billion games per week. In Q1 2022, consumers spent over $1.6 billion per week on mobile games on iOS and Google Play, up 30% from pre-pandemic levels.
The report says that in 2022 mobile gaming will surpass 60% market share in annual global consumer spend — 3.2x the size of the next largest form factor: Home Console Gaming