Mobile games have become a huge independent market, making many times more money than all projects for console and PC combined. Sensor Tower analysts are confident that this market will continue to grow, but it will have a serious competitor in the coming years.
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Experts made a five-year forecast for the mobile market. According to the report, the money users spend on mobile applications and games in 2026 will reach 233 billion dollars annually. The App Store alone generates $161 billion in revenue, while the Google Play Store will be a little more modest at $72 billion.
2024 will be a milestone
Mobile games currently bring in about twice as much money as apps, but analysts say in the coming years things will change. It is stated that the applications in the App Store will bring more revenue than games ($ 63 billion against $ 62 billion) that 2024 will be the turning point.
According to analysts, the share of revenue from games in the App Store will decrease to 43% by 2026. The situation is different in Google Play. Calculations show that by 2026, mobile games will account for 63% of Google’s store revenue. However, this figure will gradually decrease in favor of applications.
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