Sensor Tower recently released its five-year forecast for the global mobile gaming market which shows that mobile gaming will continue to grow at a steady rate over the next few years. In fact, by 2026, mobile game spending will hit $233 billion.
Apple’s App Store will account for most of this spending, roughly $161 billion to be exact. Meanwhile, the Google Play Store will generate $72 billion by 2026.
Despite these massive numbers and predictions, not all the spending done in the market will be on mobile games. As a matter of fact, Sensor Tower estimates that non-gaming mobile apps will generate more revenue collectively than gaming apps by 2026.
Mobile games on the Apple App Store will bring in about $70 billion. That number will unsurprisingly be lower for the Google Play Store.
Sensor Tower also reports that Asia will see the most mobile gaming growth during this forecast period. That part of the world will have generated 88.3 billion first-time downloads by 2026.
(All information was provided by VentureBeat)