Online smartphone, tablet games market size to increase by $41.77 bn

Online smartphone and tablet games market size to increase by USD 41.77 billion: APAC to contribute 47% of market growth, according to Technavio.

Based on region, the global online smartphone and tablet games market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. APAC is estimated to contribute 47% to the growth of the market over the forecast period. Factors such as the increasing adoption of games among the youth, the surge in the adoption of mobile development platforms across the globe, and the rise in adoption of the free-to-play business models are driving the growth of the regional market.

Company profiles

The online smartphone and tablet games market report includes information on the key products and recent developments of leading vendors, including:

• Electronic Arts Inc. – The company offers online smartphone and tablet games such as The Sims Mobile, Madden Mobile and FIFA Mobile.
• Machine Zone Inc. – The company offers online smartphone and tablet games such as Final Fantasy XV, Game of War and Mobile Strike.
• Melior Games Ukraine – The company offers online smartphone and tablet games such as Game Development, Impressive Art Outsourcing and Gambling Game Development.
• NCSoft Corp. – The company offers online smartphone and tablet games such as Lineage2M, Fuser and Guild wars 2.
  To gain access to more vendor profiles available with Technavio, buy the report!

Market dynamics
The market is driven by factors such as the rise in the adoption of games among the youth, the surge in the adoption of mobile development platforms across the globe, and the rise in adoption of the free-to-play business models. However, the increase in concerns related to security and privacy issues is hindering market growth.

CT Bureau