The mobile gaming segment is by far the largest segment of the video game industry, but it still offers one of the brightest expansion opportunities for the industry in regions like Europe. According to the knowledge presented through safe betting sites, the number of mobile gaming users in Europe will succeed by two hundred million in 2021 – revenues will be successful by $12. 5 billion.
Mobile gaming is already the ultimate lucrative source of profit for the video game industry, but its long term seems even brighter than ever. Advances in technologies such as 5G adaptation and cloud gaming have made mobile gaming more available and resilient than ever before.
Mobile gaming already offers a wide choice in the world’s largest video game markets, such as China and the United States, but there are still many opportunities for expansion in regions such as Europe, where mobile gaming is gaining popularity. cross the mark of two hundred million users for the first time. By 2025, mobile gaming users in Europe are expected to succeed in 233. 4 million users.
The penetration rate of mobile games in Europe is also on the rise, surpassing the 20% mark for the first time in 2020 from 22. 7%. The penetration rate is expected to increase to 23. 7% in 2021 and succeed at 27. 5% by 2025. By comparison, North America has a penetration rate of just under 50%, proving that Europe still has plenty of room to expand the use of mobile gaming.
The entire gaming industry experienced an increase in engagement in 2020 due to lockdowns imposed by the COVID-19 pandemic. As a result, cellular gaming revenue increased as much as 25. 6%, amounting to $11 billion in 2020. up to an additional 13. 4% in 2021 to succeed at $12. 5 billion. From 2021 to 2025, cellular gaming revenue in Europe is expected to grow at a compound annual expansion rate of 9. 6% to succeed by $18 billion through 2025.
Rex Pascual, editor-in-chief of Safe Betting Sites, commented:
“Mobile gaming has been the most lucrative segment for gaming for some time now, however, regions like Europe can still be noted as an opportunity for expansion in the near future. With penetration rates around 50% for some of the richest gaming markets , and Europe still at the peak of that brand, the prospect of further expansion in the region is clear.
You can receive more information about history with more statistics and data at: https://www. safebettingsites. com/2021/07/05/mobile-game-users-in-europe-to-pass-200m-in-2021 -income-to-reach-125b /
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