Industry News | An Outlook at Global Mobile Games Market Following Epidemic 2023
As is known to all, the mobile gaming market has enjoyed a sound performance in 2019. It remains doubtful whether the year of 2023 is able to achieve success similar to the development performance in 2019. A Look at the Past Performance in Mobile Games Market The first quarter of 2020 allowed the gaming sector to enjoy a phase boom. Later on, however, the market failed to deliver tangible results combined with the factors like the global pandemic. Fortunately, the market picks up quarter by quarter since the second quarter of 2022. It can be attributed to the following aspects: on the one hand, manufacturers increased their investment quarter by quarter, obtaining a 17.5% growth in advertising from Southeast Asia, Hong Kong, Macao, Taiwan, and South America. On the other hand, the emerging market as a whole entered the rapid economic recovery period after the epidemic since 2022, among which, Brazil, Mexico, Argentina, Malaysia, Vietnam, etc. all have a nominal GDP growth ra...