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Mobile gaming is a $68.5 billion global business, and investors are buying in

Mobile gaming is a $68.5 billion global business, and investors are buying in

5 years ago
Anonymous $ZuTig1gZkQ

https://techcrunch.com/2019/08/22/mobile-gaming-mints-money/

By the end of 2019, the global gaming market is estimated to be worth $152 billion with 45% of that, $68.5 billion, coming directly from mobile games. With this tremendous growth (10.2% YoY to be precise) has come a flurry of investments and acquisitions, everyone wanting a cut of the pie. In fact, over the last 18 months, the global gaming industry has seen $9.6 billion in investments and if investments continue at this current pace, the amount of investment generated in 2018-19 will be higher than the 8 previous years combined.

What’s interesting is why everyone is talking about games and who in the market is responding to this and how.