The Growing Online Gaming Market in Asia-Pacific

The online gaming sector in Asia-Pacific is expanding, with mobile gaming taking the lead. Leading the trend are China, Japan, and South Korea, with eSports and older games also rising in popularity.

Asia Pacific’s online gaming market has expanded quickly over the past ten years, thanks to accessibility and user-friendliness. China, Japan, and South Korea are the industry leaders in the region, and there is significant room for growth.

In addition, the mobile gaming market is expanding swiftly in countries with significant potential including Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. One of the most significant economies in Asia, China, is making significant investments in new technology. Also, the nation’s gaming industry experienced a significant COVID-related uptick in 2020, which was beneficial for the Asia Pacific Mobile Gaming Industry.

Gamers’ Favorite Games
Free Fire from Garena, which saw significant development, was one of the top games in the Battle Royale genre in 2021. It was the most downloaded Battle Royale game on the planet and the second most downloaded game overall. In addition, it surpassed PUBG Mobile to become the most downloaded mobile shooting game ever.

By achieving USD 1 billion in global consumer expenditure in 2021, Tencent’s PUBG Mobile smashed all previous spending records. In terms of revenue, it actually outperformed Honor of Kings, another Tencent game, to take the top spot in 2021.

Performance of the Chinese eSports Gaming Market
China’s e-sports industry saw revenue growth of 14% year over year in 2021 despite a difficult regulatory environment for gaming in the second-largest economy in the world, according to Niko Partners. Due to its massive gaming population, China will continue to be the largest country in the world, with an e-sports market worth USD 403.1 million in that country alone in 2021.

Playing vintage Japanese video games is getting more popular among teenagers and visitors
The price of Japanese video game consoles and software from the 1980s and 1990s is increasing; some software titles that formerly cost around Yen 5,000 are now being sold for tens of thousands more on the used market.

Report’s coverage of the Asian gaming industry
The mobile gaming market in Asian countries is examined in a study by Makreo Research titled “Asia-Pacific Mobile Gaming Market – Appraisal of China, Japan, South Korea and India (2018-2022)”. The main Asian countries of China, Japan, South Korea, and India are evaluated in terms of their historical and current mobile gaming environments.