Write what you are looking for and press enter to begin your search!

Logo
live-news-icon

Live News

Elden Ring DLC Commercial Pays Tribute To The Game's One True GOAT: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // PowerWash Simulator Meets Alice in Wonderland for Next DLC: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Batman: Caped Crusader Unveils the Voices of Dark Knight, Harley Quinn, and More: In an intense match, the Lone Wolves came out victorious. Read all about the big night here
post-16 post-13

Mobile Gaming Still Dominates Half of the Games Industry Revenue Despite Strong Year for Consoles

Say what you will about mobile gaming on Android and iOS platforms. They’re still dominating around half of the global games industry revenue, with market intelligence firm Newzoo forecasts stating that it will reach approximately $63.2 billion by the end of 2018. That may be lower than their earlier estimates of $70.3 billion, but consoles and PC have a long way to catch up.

In comparison, Newzoo forecasts have increased its console revenue growth from $34.6 billion to $38.3 billion by the end of 2018. The biggest contributor to this is the stellar performance of all three major consoles: Sony’s PS4, Microsoft’s Xbox One, and the Nintendo Switch. Strong exclusives garnered impressive sales, including Marvel’s Spider-Man (PS4), Forza Horizon 4 (Xbox One), and Super Smash Bros Ultimate (Switch).

Highly-anticipated multi-platform releases like Assassin’s Creed Odyssey, Red Dead Redemption 2, Call of Duty Black Ops 4, and more are also a major contributing factor. However, Newzoo is expecting console revenue to slow down starting from mid-2019 due to the fact that game companies and developers are already gearing up for the next generation of consoles (which may or may not be the PS5 and Xbox Scarlett)

Meanwhile, PC revenue forecasts have also been increased from $32.9 billion to $33.4 billion by the end of 2018. This may not be what some gamers want to hear but the biggest reason for PC growth in 2018 is the massive popularity of battle royale games like Fortnite and PUBG. PC gaming peripheral hardware sales also boosted revenue for the PC market.

Ultimately, the overall revenue for the 2018 global games market has decreased from $137.9 billion to $134.9 billion. Don’t let those numbers fool you though because games revenue is still proving to have grown at an incredible 10.9 percent or $13.2 billion from 2017.

For those who believe that mobile gaming is still just a ‘fad,’ I have unfortunate news for you. Newzoo forecasts state that mobile games revenue will only continue to grow, and it is even expected to account for an unbelievable 52 percent of the global games industry revenue by 2021. Be afraid, be very afraid, the mobile master race is coming.

Newzoo had this to say about the future of mobile gaming: “In the span of a decade, mobile gaming will have grown from the smallest segment in 2012 to a 100-billion-dollar industry in 2021. Remarkably, the rise of mobile gaming has not significantly cannibalized revenues from PC or console gaming markets. In the coming years, mobile game revenue growth will continue to outpace the overall games market, growing to $106.4 billion in 2021.”

Newzoo Statistics

Source: Newzoo

Related News

post-07
Latest Agreement Sees Xbox Games Spill Over to Nintendo

Today, Microsoft Vice Chair and President Brad Smith announced that Microsoft and Nintendo have officially signed a binding 10-year contract to bring ...

post-07
Overwatch League Transfers: Rascal Moves to Fuel While Mayhem Raid Meta Athena

The transfer window for the Overwatch League is again open and we have tons of news on player movements for you. Earlier today we were rocked by news ...

post-07
Devil May Cry 3 For Switch To Add Style-Switching Mechanic

Capcom has revealed one of the new gameplay mechanics to be added to Devil May Cry 3 Special Edition for the Nintendo Switch. The original Devil May C...

Write a comment

Your email address will not be published. Required fields are marked *

Comment(3)

  1. Facebook Instant Games Are More Popular Than We Thought – KAKUCHOPUREI.COM

    January 10, 2019 at 3:17 pm

    […] may hate mobile games or regard them as not being ‘true’ games, they’re still dominating half of the global games industry. Now, how about those games on Facebook? They seem to be overlooked by most people but the fact is […]

  2. Mobile Set To Conquer 60 Percent Of Gaming Market In 2019 – KAKUCHOPUREI.COM

    February 28, 2019 at 1:30 pm

    […] have proven that mobile gaming has rapidly grown for the past years, to the point of dominating half of the global games industry revenue. 2018 marked substantial progress for mobile games, as it reached new heights and became the […]

  3. Cinco jogos para celular que prometem ser sucesso nos esports em 2019 – TechTudo – Nihon Digital

    September 19, 2019 at 5:47 pm

    […] Rant, Games Industry, Sensor Tower, GeeksULTD, PC Gamer, Pocket Gamer, Cypersport, VentureBeat, Kakuchopurei e Business of […]

Tournament Tool Kit

Kakuchopurei Community

Popular Posts

post-17
The 10 Best Soulslike Games Not Made By FromSoftware
post-17
Elden Ring: Shadow Of The Erdtree DLC Guide – Best Weapons, Spells, & Ashes Of War Early On
post-17
Honkai Star Rail 2.3 Update: Firefly Guide & Best Builds
post-17
Shin Megami Tensei V Endings & New Game Plus Guide: How To Get All Of Them
post-17
Shin Megami Tensei V: Vengeance – How To Find Nahobeeho
post-17
Fatal Fury: City of the Wolves – What You Need To Know About The Upcoming 2025 Fighting Game From SNK
post-17
8 Things You Need to Know about Zenless Zone Zero
post-17
XDefiant: Best Loadouts To Melt Your Enemies
post-17
Summer Of Gaming 2024 Schedule: Video Game Live Streams & Showcases
post-17
XDefiant: The Best Guns To Dominate Pubs
post-17
Street Fighter 6: How To Find Akuma In World Tour Mode
post-17
Diablo 4 Season 4: The Best Builds Per Class To Get To Level 100 Fast!
post-17
Diablo 4 Season 4: Tempering & Masterworks Guide
post-17
V Rising Everything You Need To Know About Stygian Shards
post-17
Vampire Survivors: Operation Guns Contra DLC – All New Evolutions & Unlocks
post-17
Vampire Survivors: The Best Builds For Each Stage
post-17
Hades 2 Guide: All Incantations And Effects At Hecate’s Cauldron
post-17
Hades 2: All Boons List & The Best Ones
post-17
Eiyuden Chronicle: Hundred Heroes – 11 Tips To Get Ahead In This JRPG
post-17
Eiyuden Chronicle: Hundred Heroes Review – Rally Forth
post-17
Final Fantasy VII Rebirth Queen’s Blood Guide: The Best Cards & Decks
post-17
Introducing The Kakuchopurei YouTube Membership Program!
post-17
Palworld: All The Guides You Need For 2024’s Surprise Survival Game Hit
post-17
Prince Of Persia: The Lost Crown Walkthrough & Guide
post-17
Delicious In Dungeon Starts The New Year Tastefully
post-17
The Games Of 2024: Our Picks & Highlights
post-17
Main Game: How To Watch Malaysia’s Best Video Game Show Created By Kakuchopurei & RTM
post-17
Marvel’s What If…? Crew Explains Why They Went 3D Over 2D & A Scrapped Episode That Was Too Close To GOTG 3
post-17
Hawkeye Episode 6 Finale Easter Eggs & Breakdown
post-17
We Talk To Hayden Christensen About Star Wars, Sequels, & Prequels
post-17
Sea Of Stars Might Get DLC Post-Launch
post-17
The Book Of Boba Fett Episode 7 Breakdown & Easter Eggs Explained