Mobile gaming market drops by almost 10% in first half of 2022

The mobile gaming market is down nearly 10 in the first half of 2022 Image source Reuters

Battlegrounds Mobile India game and logo can be seen in this image July 29, 2022. REUTERS/Dado Ruvic/Illustration

Most mobile game genres saw a decline in shipping and downloads in the first half of 2022, with the overall mobile game market declining 9.6 percent year-on-year, a new report said.

According to new data from Sensor Tower Game Intelligence, the mobile game market fell to $11.4 billion in the first half of 2022. Arcade and tabletop games were the only categories where sales increased.

Arcade game revenue grew 14.8 percent year-over-year to approximately $176 million. Other genres — from hyper casual to RPG — declined, AppleInsider reported.

Racing games saw the biggest drop with a 28.8 percent year-over-year revenue decline, and geolocation augmented reality games fell 26 percent over the same period.

In addition to the drop in revenue, mobile game downloads also fell 2.5 percent year-on-year to 2.4 billion.

Revenue for the second quarter of 2022 alone fell 11.4 percent to $5.6 billion, although downloads remained relatively stable at 1.2 billion.

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

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