Mobile gaming is an absolutely huge business, as smartphones and tablets continue to reach new phone owners across the world. Game software revenue is expected to generate $88 billion revenue in 2015, and surpass $110 billion in 2018, according to the Digi-Capital intelligence firm.
The mobile market is expected to draw more interest than console games, but Steam PC titles and free-to-play game titles weren't included in the research.
"Where mobile games will take $3 of every $10 spent by gamers on software in 2015, that figure will go up to $4 out of every $10 by 2018," said Tim Merel, founder and managing director of Digi-Capital, in a report. "Mobile games revenue will grow from $29 billion in 2015 to $45 billion by 2018 at 15 percent annual growth."
Smaller game studios developing mobile games will have a hard time trying to keep up with established studios, and attracting new users will remain expensive.
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