Unlocking the Potential of China's Mobile Gaming Industry: 2021-2026 Growth Outlook and Insights

The China Mobile Gaming Market's revenue is expected to grow by USD 132 billion during 2021-2026 registering a CAGR of 6-8%, the market is expected to witness moderate growth in coming years due to increasing regulations towards gaming licenses, and declining smartphone growth rate.

Request Our Free Sample Report:- https://bit.ly/ChinaGamingSampleReport

China's video gaming industry is the world's largest in terms of revenue and gamers. The dominance of national projects is a fundamental element of the Chinese gaming sector. Domestic app developers are the gainers in the industry. Apart from Tencent and NetEase, overseas companies like Activision Blizzard, Gameloft, EA, and others have a foothold in the market.

The proliferation of smartphones across the mainland has led to more people using their personal gadgets for daily entertainment, comparable to the rapid rise in mobile payment apps. Aside from their ease and accessibility, several modern smartphones are now more powerful than the average video game console and offer significantly more functionality, establishing them as a viable alternative to more traditional gaming equipment.

Growth Led by Movement Restriction

Chinese game makers had a successful year in 2020, both at home and abroad. In 2020, China's mobile games market grew by 30% reaching Yuan 300 billion owing to the imposition of lockdown by the Chinese government in order to prevent the spreading of the COVID-19, moreover it demonstrates the importance of their domestic creators in reviving the Chinese sector following a particularly challenging year.

Rising Demand for Game Streaming apps

Citizens during lockdown not only wanted to play games, but also wanted to watch games being played, so game streaming applications witnessed an increase in downloads. According to a survey conducted by Niko Partners, 65.5% of respondents spent more time in March 2020 viewing video game live broadcasts. For individuals looking for game streams and content, YY, Huya, and Douyu, considered by many as China's Twitch alternative and dominating sector growth were extremely popular.

Lifting Game License Freezing: Opening Gates to the Players

For the first time in nearly 9 months of 2021, China lifted its moratorium on new game licenses and has granted approval for new titles in 2022.

Increasing Female Gamers in the Nation

China has more gamers than any other country, with one-third of them using their mobile phones to play. Female-oriented gaming's evolution from a niche interest to a popular segment is one of the major trends that industry participants can no longer overlook.

The above information has been taken from the research study titled, “China Mobile Gaming Market and Future Forecast to 2026”; the study helps to understand the industry performance in detail and assess future expected performance by considering various macro-economic and industry parameters. The report is the right blend of qualitative and quantitative information. Report also entails company assessment of the major players operating in the market in terms of their business developments and financial performance.

The report examines the mobile gaming market on various parameters such as number of smartphone users, number of mobile game players, average cost of the mobile games, average time spent by the mobile gamers by age group, and many others. This section discusses market revenue assessment and future forecast and also covers market segmentation, including, mobile gaming revenue by domestic and exports, mobile games by domestic and foreign games, and by gender (male and female).

To review the coverage, please click here China Mobile Gaming Market and Future Forecast to 2026

Similar Related Reports:-

Global Online Gaming Industry and Future Outlook to 2027

Follow Us

LinkedIn | Instagram | Facebook 

Contact Us: –

Send us a query at info@makreo.com