Mobile Gaming Market Expected to Register a Decelerating CAGR of almost 13% by 2025 | Technavio
NEW YORK, May 3, 2021 /PRNewswire/ --
The mobile gaming market is projected to grow by USD 63.66 billion, at a CAGR of 13% during 2021-2025, as per the latest market research report by Technavio. This report offers exclusive analysis on the market drivers, trends, challenges, and opportunities to be leveraged by stakeholders from the entertainment sector for making informed business and investment-related decisions. Technavio has also monitored the impact and outcome of the COVID-19 pandemic on the mobile gaming market during the forecast period.
Driver and Trend Analysis
The rising adoption of AR games is one of the key aspects that is likely to influence the mobile gaming market positively during the next few years. Market players including Microsoft, Google LLC (Google), Apple Inc. (Apple), Sony Corp. (Sony), and Nintendo are investing in AR technology to create an enhanced user-friendly experience for mobile gaming enthusiasts. In addition, most of the market participants are also increasingly partnering with telecommunication services providers and cloud gaming service providers for releasing mobile cloud video games. These factors collectively are likely to promote the growth of the mobile gaming market during 2021-2025.
View Technavio's 120-page ToC and 103 Exhibits on "Mobile Gaming Market by Platform (online and offline) and Geography (APAC, North America, Europe, MEA, and South America) and Vendor Forecasts, 2021 - 2025"
"Increasing use of smartphones and tablets, rising internet penetration, and integration of AR technology into mobile devices will contribute the growth of AR technology in mobile gaming", as per Technavio.
This market research report fragments the global mobile gaming market by platform (online and offline) and geography (APAC, North America, Europe, MEA, and South America).
The mobile gaming market is highly competitive and fragmented. Several players in the market striving to provide superior products by differentiating them either based on quality or service. Vendors are deploying various organic and inorganic growth strategies to survive market competition. This report classifies key market players as dominant, pure-play and industry-focused players to offer effective investment opportunities and allow clients to make informed decisions.
Leading Mobile Gaming Market Players are:
Prominent Queries Pertaining to Mobile Gaming Market 2021-2025
Acquire More Insights on Communication Services Reports
Sample Report PDF : https://www.technavio.com/report/mobile gaming-market-industry-analysis
View original content to download multimedia:http://www.prnewswire.com/news-releases/mobile-gaming-market-expected-to-register-a-decelerating-cagr-of-almost-13-by-2025--technavio-301281974.html
ITEXPO #TECHSUPERSHOW Exhibit Hall Open
Keynote Presentation - Eric Burger, Former FCC CTO