Azhir Mahmood  🚀 🤖 🧬 🧠 🪐

2/ Global mobile games revenue expected to reach $102.8Bn in 2023, up from $77.2Bn in 2020. With industry shifting away from hit-driven business to a few established players with "live-operations".

3/ Asia dominates the market with a majority of the top grossing games being from Chinese developers - Tencent leading the pack.

4/ Expect regulations to favour game publishers as scrutiny on Apple and Google increases. Anti-trust investigations persist and set precedent for Epic vs Apple. Likely ruling will be in favour of Epic due to Apple monopoly control.

5/ What does this actually mean? Essentially we may see an increase in online purchases and micro-transactions.

6/ Pandemic has seen a sudden rise in mobile gaming revenue as more users spend time at home. Drop in cost of advertising provided mobile gaming industry with a unique opportunity.

7/ Zynga dominate the market with at one point having the most downloaded app in the US. (This coincides with the emergence of hyper-casual gaming).

8/ Hyper-casuals are still maturing and there have been recent litigations. We may see this market more heavily regulated, though I expect them to continue to grow as they benefit from vitality.

9/ AR games remain nescient but expect rapid growth once the pandemic ends, especially as newer iPhones have embedded LiDAR scanners which AR heavily benefits from. Niantic is a clear market leader.