On July 12th, ReportLinker released a new study entitled “Global Mobile Gaming Industry”. In this report, it was revealed that the global mobile gaming market is projected to be worth $153.5 billion by 2027.
Due to the COVID-19 Pandemic, the global mobile gaming market was reportedly valued at $71.9 billion in 2020. Based on these findings, the market is expected to grow by $81.6 billion from 2020 to 2027, registering a Compound Annual Growth Rate (CAGR) of 11.5% during that forecast period.
The report also showed that the mobile gaming market in the United States was worth $15.1 billion in 2020. Furthermore, China’s market is expected to grow to $48 billion by 2027, registering a CAGR of 11.9% over that period of time.