September 28, 2021
The future looks bright in mobile games, but it’s a fuzzy bright. And it’s not just consumer behavior during the pandemic that is creating that uncertainty.
Mobile game makers came into 2021 in the midst of the pandemic with a lot of uncertainties around how the mobile ecosystem was changing. While we have some clarity on big uncertainties — such as Apple’s privacy push and the antitrust litigation over the App Store between Epic Games and Apple — there’s still a lot of debate about how things will turn out for both iOS gaming and the broader mobile markets.
Newzoo predicted last week that mobile gaming revenues would grow 4.4% to $90.7 billion in 2021, coming off of 27% revenue growth in 2020. The 2021 growth is slower than the overall 11% compound annual growth rate expected from 2019 to 2024 because it is so hard to beat last year’s extraordinary revenue as people played more mobile games at the onset of the pandemic.
To know more about this news, check out: https://venturebeat.com/2021/09/27/mobile-game-makers-evaluate-the-uncertainties-of-ios-gaming/