The Game App Market So Far in 2018
The introduction of gaming apps has taken smartphone users all over the world by storm. Ever since, the market has seen drastic growth and it shows no signs of abating. Reaching new heights of popularity, the app market has become a booming industry and is expected to expand even more over the coming generation. Moreover, the smartphone app developers are expected to generate skyrocketing revenues. A significant percentage of the world’s population is using smartphones today, which simply means that the gaming app revolution is only just starting. If you want to know the ins and outs of this booming market, read on, as we explore how and why the gaming app market is causing a stir in the business arena.
Why is the gaming app market gaining increased popularity?
More than being just a source of entertainment, here are some of the reasons why the gaming app market is indomitably popular across the world and how it has changed the way smartphone users play:
Smartphone gaming is sociable
The invention of smartphone gaming apps has really changed the way people interact. Decades ago, children had to be in the same room to play games together. With the revolution brought by online gaming, people can now play remotely, chat with friends while gaming, or meet new friends online anywhere in the world.
Gaming apps are affordable
The advent of gaming apps on smartphones has allowed people to take advantage of high-end games at a much lower cost. There are even gaming apps which can be downloaded free of charge, while some can be accessed at minimal prices. You can now get the best value for your time and money when you enjoy your favourite games.
Great selection of gaming apps
Whatever your interest is, there is an extensive range of gaming apps that would suit your hobbies. From sports enthusiasts to critical thinkers and time managers, everyone can find wide selections that suit their needs and wants. Some of these gaming apps will boost your thinking skills, enhance your problem-solving skills or help improve eye coordination. Though others can offer mere entertainment, they may become your new favourite past time.
You can now play your favourite games anytime, anywhere, as long as you have your smartphone with you. Traditional games require your presence on a pre-planned schedule, like in brick and mortar casinos, but the invention of gaming applications for smartphones provides a revolutionary change to gamers. Not only can you play from the convenience of your home, but you can even connect with players from all over the world, without leaving your living room.
Smartphone gaming apps offer a variety of difficulty levels
For beginners and savvy players alike, smartphone games have a variety of difficulty levels. You can play a game as simple as making words with letters, or as complex as those requiring strategy and planning in order to beat your opponents.
The world’s largest gaming app markets
With the boom of smartphone apps today, let us find out which country has the biggest market in the world. Here are some facts and figures to ponder upon:
Lodged at the top of the list, China, with a total population of 1,415 million, has an average of 850 million internet users. The estimated gaming revenues of the country stand at $34,400M.
United States of America
Second on the list is the United States of America. Of a population of 327 million people, 265 million are internet users, and the gaming industry revenues of the country are estimated to be $31,535M.
In the third spot is Japan, with gaming revenue estimated to be $17,715M. The internet population of the country is 121 million, out of a total population of 127 million.
Republic of Korea
Ranked in the fourth spot is the Republic of Korea, with a revenue estimate of $5,764M. The total population of the country is 51 million, where 48 million belongs to the internet population.
Ranked fifth on the list is Germany and the country is estimated to gain revenue of $4,989M from gaming industry. It has a total population of 82 million and the internet users are 76 million.
Most Downloaded Gaming Apps On Smartphones
Whether paid games or free-to-download, some mobile games go viral as soon as they are released. Gamers value various aspects of the best games, including graphics, gameplay and overall quality. Here is the list of the most downloaded gaming apps today:
Clash of Clans
Fortnite: Battle Royale
8 Ball Pool
Candy Crush Saga
Rules of Survival
Angry Birds 2
The Biggest Consumers of Gaming Apps
People the world over are showing huge interest in gaming apps. Some of them opt for smartphone gaming as a source of entertainment, while others are taking advantage of these games to enhance their thinking or time management skills. Taking a look back in recent years, gaming was normally associated with being a past time for the male gender, but that’s not the case anymore. The gaming apps nowadays attract diversified audiences.
In the global smartphone gaming market, 63 percent of gamers are women while the remaining 37 percent are men. This simply means that smartphone gaming is dominated by females. Women are attracted to the fact that they can play anytime, anywhere during their downtime.
Smartphones and gaming apps offer convenience to avid gamers. For this reason, the gaming app market is growing extremely fast and the revenue generated is on the highest tide. Players of all ages love to tap away at the mobile version of their favourite games and enjoy uninterrupted access. Gaming apps really are a great source of entertainment and relaxation. So, when are you downloading your favourite game? It’s high time to get involved as the gaming app market is bigger than ever.