By 2021, mobile gaming will have surpassed both the console and PC gaming Market Sectors in size, accounting for roughly 57% of all video game revenue worldwide. Many gamers will adopt mobile gaming in the next years due to the increasing maturity of streaming, cloud gaming services, and mobile esports, as well as the fact that mobile platforms are almost at technological parity with PCs and consoles.
Due to its popularity among players worldwide and significant income prospects, established console and PC game companies like Activision Blizzard, Sony, and Electronic Arts are placing more and more emphasis on the emerging market area.
They compete with businesses that are solely focused on mobile gaming, such as Tencent, Sea, and Perfect World. Mobile game publishing is also becoming a focus for social networking platforms like Bytedance, internet marketers like AppLovin, and video streaming services like Netflix.
More people will turn to mobile gaming, especially multiplayer games, as 5G networks become more widely available. In turn, this will accelerate the development of mobile esports.
The next phase of industry innovation will be driven by 5G.
In addition to enabling quicker game downloads than existing 4G networks, 5G networks also support the growth of mobile-based cloud gaming services and augmented reality (AR) games. One million devices may be supported by 5G in a single square kilometer, which will encourage more people to play mobile games, especially multiplayer ones. In turn, this will accelerate the development of mobile esports.
