Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: Mobile GamingNews

Mobile Gaming Generated 60% of the Global Video Games Revenue in 2019

The year 2019 has delivered a significant profit for the gaming industry all over the world. The statistics show that the global video games market generated $83 billion income this year, with a forecast to reach $95.3 billion value by 2024. According to GoldenCasinoNews.com research, mobile games represented the most substantial segment of the entire video games market in 2019 that generated $49 billion in revenue.

Mobile Gaming Revenue Expected to Grow at 2.9% CARG by 2024

In 2019, the mobile gaming industry generated around 60 percent of the worldwide video games revenue. With $16.9 billion profit, online games were the second-largest market segment. The third most lucrative revenue source was download games, which generated a $15.1 billion income.

The statistics indicate that the mobile gaming industry will continue to generate the most significant part of the video games market revenue in the years to come. With an annual growth rate of 2.9%, the global mobile games market is forecast to reach a $56.6 billion value by 2024.

China Generates the Most Significant Part of Mobile Gaming Revenue

In global comparison, most of the mobile gaming revenue in 2019 was generated in China, which reported an $18 billion profit. The United States was the second-largest mobile gaming market in the world that ended the year with $9.9 billion in revenue. Japan ranked third with $6.5 billion income, followed by South Korea and the United Kingdom as other leading markets.

Number of Mobile Games Users to Reach 1.7 Billion by 2024

The number of users in the mobile games segment reached 1.36 billion in 2019, with 36 percent of them aged between 25 and 36 years old. The latest data report 18.6 percent of user penetration, expected to rise to 22.5 percent by 2024. According to the latest surveys, by 2024, more than 1.7 billion people worldwide will be playing mobile games.

The full story can be read here: https://goldencasinonews.com/blog/2019/12/30/mobile-gaming-generated-60-of-the-global-video-games-revenue-in-2019/

Staff

Recent Posts

AccuRIG 2 Debuts Direct In-App Access to 4,500+ ActorCore Motions

SAN JOSE, Calif., July 15, 2025 /PRNewswire/ -- Reallusion announces a major upgrade to AccuRIG,…

2 hours ago

GIBO Click Successfully Completes Monetization Engine Trial on DramaFlow, Expanding Smart Infrastructure in Short-Drama Platforms

HONG KONG, July 15, 2025 /PRNewswire/ -- GIBO Holdings Ltd. (NASDAQ: GIBO), a leader in…

2 hours ago

Dimensional Innovations Brings “Positive Distraction” Experiences to Life with Epson Laser Projectors at Kansas City Children’s Burn Clinic

Projectors Create Immersive Environments to Help Children Feel at Ease During Burn Treatments LOS ALAMITOS,…

2 hours ago

Roblox Announces New Licensing Platform For Experiences

Enabling Partnerships Between Roblox Creators and IP Holders; Unlocking Creation Opportunities at ScaleSAN MATEO, Calif.--(BUSINESS…

9 hours ago

Dispel Launches Industrial Data Streaming to Power AI Productivity, Unlock Predictive Maintenance, and Accelerate Patching at Scale

New capability enables secure, real-time data streaming from legacy OT systems to modern analytics platforms…

14 hours ago

Unlocked Magic Emerges as the Lowest-Priced Source for Walt Disney World and Universal Orlando Tickets

Families can now access discount Disney World tickets and Universal Orlando ticket deals through Unlocked…

14 hours ago