Don’t miss the latest developments in business and finance.

Mobile gaming market falls nearly 10% in first half of 2022: Report

The majority of mobile game genres saw a decline in sending and downloads in the first half of 2022, with the total mobile gaming market falling 9.6 per cent year-over-year, says a new report.

gaming
Representative Image
IANS San Francisco
2 min read Last Updated : Aug 06 2022 | 1:13 PM IST

The majority of mobile game genres saw a decline in sending and downloads in the first half of 2022, with the total mobile gaming market falling 9.6 per cent year-over-year, says a new report.

According to a new Sensor Tower Game Intelligence data, the mobile gaming market dropped to $11.4 billion in the first half of 2022. Arcade and Tabletop games were the only categories to see revenue increase.

Arcade game revenue increased 14.8 per cent year-over-year to around $176 million. Other genres -- from hypercasual to RPG -- declined, AppleInsider reported.

Racing games saw the greatest drop with a 28.8 per cent decline in revenue year-over-year, and geolocation augmented reality games dropped 26 per cent in the same period.

In addition to the drop in revenue, mobile game downloads also fell 2.5 per cent year-over-year to 2.4 billion.

Revenue for just the second quarter of 2022 decreased by 11.4 per cent to $5.6 billion, although downloads remained relatively flat at 1.2 billion.

Also Read

The report attributes the overall drop in the mobile gaming market to a variety of headwinds and challenges, including inflation, the end of Covid-19 lockdowns, and privacy changes like the deprecation of the IDFA tag.

--IANS

vc/svn/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

More From This Section

Topics :Mobile gaming marketgaming industry

First Published: Aug 06 2022 | 1:13 PM IST

Next Story