How big is mobile gaming in China?

Companies Mentioned

China's online gaming market is rising meteorically, with more than 701.8 Million gamers as of 2022; China is the biggest market in the world in terms of video games.

What is the size of mobile gaming market in China?

The market grossed 265.9 billion yuan ($39 billion) from video gaming sales in 2022, a 10.33% drop year-over-year, according to a new report released by the association on Tuesday. The overall user size shrank to 664 million, 0.33% fewer than the year before.

How popular is mobile games in China?

Mobile Games by Chinese publishers have an average of 1.19m downloads. Overall they get more downloads than the average of all mobile games which is 545.38k. We offer also more detailed download estimates for any app.

How big is China's gaming?

Video game industry statistics in China

There are over 685 million gamers in China – almost half the country's population. Chinese video game revenue was estimated to be the largest in the world at $US46 billion in 2021.

What is the #1 mobile game in China?

In February 2023, Tencent's Honor of Kings remained the highest grossing game app in China, earning about 113 million U.S. dollars in revenue. Genshin Impact, an action role-playing game developed by miHoYo, rose to the third within a striking distance of PUBG Mobile.

How China is Infiltrating the Gaming Industry

Why are mobile games so big in China?

This growth was mainly credited to the utility of smartphones, which were cheaper than gaming PCs and often provided Chinese citizens with their only form of internet access. Furthermore, mobile games also did not have restrictions placed upon them like other PC titles, which further boosted their popularity.

Which game is mostly played in China?

Over 200 million people play HOK monthly, with more than 55 million people in China alone; consequently, HOK is the most popular game overall the world.

Why does China only allow 3 hours of gaming?

In China, Kids Are Limited To Playing Video Games For Only 3 Hours Per Week. In an effort to curb video game addiction among children, Chinese authorities are tightening the reins on just how much that online gaming companies are allowed to offer young users.

What is China's largest market?

Guide to Yiwu Market: The Largest Wholesale Market in the World. Many importers, even those new to the business, have heard of the twice-yearly Canton Fair in Guangzhou. But less well-known is Yiwu Market, a city home to the largest wholesale market in the world.

Which country is the biggest for gaming?

How popular is mobile gaming in Japan?

The market size of mobile gaming in Japan reached a value of $22 billion in 2021.

Why does China have so many gamers?

Broadly, the growth of the video game market in China is tied to expansion of its technology and digital economy from the 1990s to present day, which by 2016 represented over 30% of its gross domestic product.

How big is mobile gaming in Asia?

Revenue in the Mobile Games segment is projected to reach US$193.40bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 7.43%, resulting in a projected market volume of US$257.60bn by 2027.

Why is China limiting online gaming?

For years, Chinese authorities have sought to control how much time kids can spend playing games online, to fight “internet addiction.” They've claimed success in curbing the problem but are taking no chances.

Is PC gaming big in China?

China's PC games market is the largest in the world, and deserves the attention of games companies worldwide.

What is the number 1 industry in China?

Manufacturing, services and agriculture are the largest sectors of the Chinese economy – employing the majority of the population and making the largest contributions to GDP.

What are the 3 largest industries in China?

In years past, China's annual GDP rate was typically over 10%, whereas it's been fluctuating from 5-8% in recent years. The major sectors and industries driving growth for China include the services sector, agriculture, manufacturing, and technology.

What does the US sell most to China?

The top US goods exports to China are oilseeds and grains, semiconductors and their componentry, oil and gas, and motor vehicles. Many states also generate substantial economic value from service exports like travel, education, and financial services.

Is China still banning video games?

That said, some regulatory restrictions imposed by Beijing are here to stay. Most notably, in September 2021, China banned under-18s from playing games for more than three hours a week, a rule that has forced Tencent and its peers to give up targeting youth gamers.

Is there a gaming curfew in China?

China Restricts Young People to Playing Video Games Three Hours a Week. The Washington Post, August 2021.

Has China become the world's largest online gaming market?

China's online gaming market is rising meteorically, with more than 701.8 Million gamers as of 2022; China is the biggest market in the world in terms of video games.

Why were consoles banned in China?

In 2000, China banned the sale and import of videogame consoles as concerns over addiction in teenagers grew. Even with the ban, imported consoles still existed in the grey market targeting a group of loyal players.

What is the most popular console in China?

The report reveals the Nintendo Switch is the market leader in the console market in China, but the PlayStation 5 and Xbox Series X|S were "key drivers of growth" in 2021. The total console hardware and software sales for 2021 were up 17 percent year-over-year to $2.16 billion.

What is the biggest gaming company in China?

The Chinese entertainment tycoon Tencent remains dominant in the mobile gaming arena. In January 2023, Shenzhen Tencent Tianyou Technology Ltd generated around 681 million U.S. dollars of in-app purchase revenue worldwide. Its Chinese rivals NetEase and miHoYo Games followed with a wide margin.