Published Date : Apr 11, 2016
ALBANY, New York, April 11, 2016 - MarketResearchReports.biz has announced the addition of the “Global Mobile Game Market: Trends And Opportunities (2016-2020)” report to its offering. The report is detailed and contains reports of market share, size, driving forces, and restraints of the market. Regional reports as well as profiles of the leading companies in the market have been given to offer readers a competitive edge. The report assesses the key opportunities in the market and forecasts an upsurge in the global mobile games market owing to the constant innovation carried out to make mobile games more interesting, fun, and exciting.
The report comprises an overview of the global mobile game market, including the gaming market’s history and various types of mobile games. Online mobile games are a new craze and have captured the interest of people across the globe thanks to facilities such as being able to share your score with your social circle, find competitive players online, send them requests to play, and earn credits for each game won.
The report contains the global mobile game market’s size and growth reports, the current market value and forecasts, and reports of the global mobile market in terms of volume, number of games, exports, and players. Analysis of the market share by region are also given in the report.
According to the report, the proliferation of smartphones and tablets has driven the global mobile game market. The rising popularity of social media networks is also a contributing factor to the rise of the global mobile game market. The rising demand for wireless gaming has boosted the global mobile game market. Moreover, the transition from 3G to 4G and 5G networks has helped the global market. It has been found that word of mouth publicity works well for the mobile game market. People tend to advertise and promote a game they like to their friends, relatives, and families, thus boosting the number of downloads and increasing their popularity among their social circle.
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Technological advancements in the gaming industry have also helped boost the number of games downloaded. Games have become an indispensable part of every mobile device. Smartphones empower and encourage users to download games and be a part of the global gaming culture. Moreover, interactive mobile games can be played while on the move, enabling consumers to engage in this recreational activity when they are travelling.
The challenges faced by the global mobile game market include high cost per install, high development costs, fickle users, financial problems, and difficulty in retaining the increasing number of users. The market trends include increasing acceptance of virtual reality in mobile gaming, development of games for all age groups, rise in the number of mini games, and freemium models of mobile games.
Some of the companies analyzed in the report are: NetEase, Tencent Holdings Ltd., WeMade Entertainment, and Activision Blizzard Inc.
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