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{"id":4141,"date":"2022-12-20T13:00:38","date_gmt":"2022-12-20T13:00:38","guid":{"rendered":"https:\/\/bettingsitesreviewed.co.uk\/?p=4141"},"modified":"2022-12-20T13:25:25","modified_gmt":"2022-12-20T13:25:25","slug":"mobile-games-revenue-to-fall-6-4-in-2022-the-first-drop-in-markets-history","status":"publish","type":"post","link":"https:\/\/bettingsitesreviewed.co.uk\/blog\/2022\/12\/21\/mobile-games-revenue-to-fall-6-4-in-2022-the-first-drop-in-markets-history\/","title":{"rendered":"Mobile Games Revenue to Fall 6.4% in 2022, the First Drop in Market’s History"},"content":{"rendered":"

After the pandemic-induced gaming boom seen in 2020 and 2021, the gaming industry is set to witness the first-ever revenue drop. In 2022, video games are expected to generate $184.4bn in revenue, 4.3% less than last year, and most of that drop will come from the mobile games segment.<\/p>\n

According to data presented by Fair Betting Sites<\/a>, mobile games are expected to bring in $92.2bn in revenue this year, or 6.4% less than in 2021.<\/p>\n

Mobile Games Revenue Down by $6.3B YoY<\/strong><\/h3>\n

Although gaming has managed to weather 2022’s economic turbulence better than many other industries, global video game revenues are still expected to drop by $8.3bn in 2022, according to Newzoo. Around 75% of that loss comes from the mobile games market. But all other market segments will also see a yearly revenue decline.<\/p>\n

According to Newzoo forecast, the mobile games industry will end 2022 with a revenue of $92.2bn, down from $98.5bn a year ago. Console games, the second-largest segment of the gaming industry, witnessed a 4.2% decline, with revenue falling from $54.1bn in 2021 to $51.8bn in 2022.<\/p>\n