Home Tech Online Smartphone and Tablet Games Market Share Reach USD 149.93 Billion by...

Online Smartphone and Tablet Games Market Share Reach USD 149.93 Billion by 2027, Factors behind Market’s Hyper Growth

Online Smartphone and Tablet Games Market Share Reach USD 149.93 Billion by 2027, Factors behind Market’s Hyper Growth

Online Smartphone and Tablet Games Market

Surge in adoption of mobile development platform across the globe and rise in adoption of free-to-play business model are the key driving forces of the market.

PORTLAND, PORTLAND, OR, UNITED STATE, April 12, 2024 /EINPresswire.com/ — According to the report published by Allied Market Research, The Online Smartphone and Tablet Games Market Share Reach USD 149.93 Billion by 2027, Factors behind Market’s Hyper Growth. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

The global online smartphone and tablet games market size was valued at USD 30.49 billion in 2019, and is projected to reach USD 149.93 billion by 2027, growing at a CAGR of 21.8% from 2020 to 2027.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/4178

Rise in smartphone penetration, free-to-play business model, and increase in the number of smartphone user fuel the growth of the global online smartphone and tablet games market. Surge in adoption of cloud gaming and growing use of machine learning and artificial intelligence in mobile gaming apps are expected to create lucrative opportunities in the industry.

The global online smartphone and tablet games market is segmented into operating system, game type, and region. In terms of operating system, the market is fragmented into iOS, android, and others. Depending on game type, it is categorized into massive multiplayer online games, casual, social, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

If you have any questions, Please feel free to contact our analyst at: https://www.alliedmarketresearch.com/connect-to-analyst/4178

Covid-19 Scenario:

➢ The pandemic led to stay-at-home orders during the first phase of the lockdown, which in turn led to huge adoption of smartphones and faster internet connectivity.

➢ The situation also led to increase in the number of mobile gaming users, thereby boosting the global market for online smartphone and tablet games.

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/4178

Based on operating system, the android segment contributed to nearly three-fifths of the global online smartphone and tablet games market share in 2019, and is expected to lead the trail by the end of 2027. The same segment would also register the fastest CAGR of 22.5% throughout the forecast period, owing to the open nature of android platform.

Based on game type, the massive multilayer online games accounted for more than half of the global online smartphone and tablet games market revenue in 2019, and is anticipated to dominate by 2027. Rapidly improving internet connection in developing nations of Asia-Pacific and LAMEA and growing gaming industry across the globe drive the segment growth.

Based on geography, Asia-Pacific, followed by North America, garnered the major share in 2019, holding around half of the global online smartphone and tablet games market. The same region would also showcase the fastest CAGR of 23.9% during the forecast period. This is due to rise in online smartphone and tablet games among major Asian countries, which include China and Japan and decrease in purchasing cost of mobile gaming applications such as Liftoff, AppsFlyer, Clickky, AppLift, and Aarki in the region.

The key players profiled in the online smartphone and tablet games market analysis are Electronics Arts, Inc., Gameloft, Kabam Games, Inc., King Limited, MachineZone, Inc., Melior Games, NCSOFT Corporation, Rovio Entertainment Corporation, Supercell OY and The Walt Disney Company. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Buy Now & Get Exclusive Discount on this Report (207 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/online-smartphone-and-tablet-games-market/purchase-options

Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur’s stakeholder’s researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Sachin Bhandare
Allied Market Research INC
77559 33377
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn



Article originally published on www.einpresswire.com as Online Smartphone and Tablet Games Market Share Reach USD 149.93 Billion by 2027, Factors behind Market’s Hyper Growth