What is the size of mobile game market in China?

Revenue in the Mobile Games market is projected to reach US$81.90bn in 2023.

What is the size of gaming market in China?

The largest segment is Mobile Games with a market volume of US$97.35bn in 2023. In global comparison, most revenue will be generated in China (US$107,300.00m in 2023).

How many mobile games are in China?

In total 4,756 games. 59% of mobile games from Chinese publishers have FMOD integrated. In total 4,752 games.

What is the market size of mobile gaming industry?

The global mobile gaming market is expected to grow from $101.21 billion in 2021 to $116.43 billion in 2022 at a compound annual growth rate (CAGR) of 15.04%.

Is mobile gaming popular in China?

With about 660 million mobile gamers, China is one of the most fast-growing markets for mobile gaming.

How to Break into the Chinese Mobile Game Market

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.

Is gaming a big industry in China?

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.

Which country has the biggest mobile gaming industry?

Key markets for the mobile gaming segment in 2021 include China, Japan, the US, South Korea, and Canada. The market size for mobile gaming in China remained the highest globally with a total value of $29 billion in 2021.

Which country spends the most on mobile gaming?

In terms of regions, China, the United States and Japan are the big three in terms of consumer spending on mobile games, accounting for over 50 percent of spending. China spends the most, but Japan spends more per-capita than any other country.

Which is the largest mobile gaming markets in the world?

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.

What are the biggest Chinese mobile game companies?

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.

What is China's largest mobile game community operator?

Tencent is the world's largest video game vendor, as well as one of the most financially valuable companies. It is among the largest social media, venture capital, and investment corporations.

How big is the gaming industry in Asia?

Niko Partners projects the Asia-10 PC and mobile game market will generate US$35.9 billion in 2022, reaching US$41.4 billion in 2026. Gamers are increasing at a much faster rate than revenue. Niko Partners projects the Asia-10 PC and mobile gamers will total 788.7 million in 2022, reaching 1.06 billion in 2026.

What are the biggest gaming markets in Asia?

Japan and Korea are the most mature markets in the Asia-10 region, accounting for over 77%?of revenue. For 2022, Japan's games revenue is down 2.6% YoY and Korea's is flat. India is the second largest gamer base in the world, with 396.4 million gamers, making up 50.2% of all gamers in Asia-10.

How many people play videogames in China?

Online gaming in China

As of June 2022, approximately 552 million.

What country dominates gaming?

China and the United States have been battling it out for the top spot of the biggest global gaming market for years. Shenzhen-headquartered Tencent, one of the biggest online companies worldwide, is also driving the gaming market in China.

What percentage of Americans play mobile games?

The Gaming Market

The number of mobile game players in the US is higher than it's ever been at more than 191 million people, or 57.3% of the population. That's according to Newzoo. Per Evolution of Entertainment Study 2021 by NPD, the number of Americans playing games jumped from 73% to 79% in 2020.

How big is mobile gaming in Asia?

Moreover, growth in mobile users along with the roll-out of 5G/High-speed internet services globally has aided the growth of the mobile gaming segment. The market size for mobile gaming in Asia-Pacific was valued at $99 billion in 2021.

How big is mobile gaming in Japan?

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

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.

What is the largest market in the world in China?

Yiwu Market, China

Most of the products of all the world's Chinese bazaars come out of this market, mainly gifts, toys, watches, accessories, clothing, decorative items and electronics, all wholesale.

Why is China limiting gaming?

The National Press and Publication Administration claims the video game ban intends to protect children's mental and physical health. The Chinese government have been concerned about eye problems among young gamers for a while now.