7 Reasons Why Investing in Mobile Gaming Is a Good Idea
It's no secret that many people love playing video games. Back then, video games used to be pretty straightforward. Today, the gaming experience has become much more immersive and engaging. Modern video games feature high-definition graphics, realistic sound effects, and complex storylines. The beauty of it is that gaming has expanded to new horizons, such as mobile gaming.
As the name suggests, mobile gaming is playing a game on a mobile device, such as a smartphone or tablet. This type of gaming is becoming increasingly popular due to its convenience, as players can access their favorite games while on the go. Furthermore, mobile gaming has become a massive part of the gaming industry, with more and more developers creating games specifically for mobile devices. Despite this, many don't believe in mobile gaming because they think it's not "real gaming" or because they may feel that the experience isn't as good as on a console or PC, which is subjective.
If you don't see the value of investing in mobile gaming, here are several reasons why you should:
#1 - A Rapidly Growing Industry
The mobile gaming industry is growing rapidly as more people turn to their phones and tablets for gaming needs. According to a report from Newzoo, the mobile gaming industry is expected to be worth $200 billion by 2022. This is a massive jump from the $50 billion it was worth in 2016. This shows that mobile gaming is becoming a significant player in the gaming industry and has the potential to become even more prominent in the future.
#2 - Evolving Mobile Technology
Mobile technology is constantly evolving, which means that mobile gaming experiences are becoming more and more immersive. With the advent of virtual and augmented reality, mobile gamers can now enjoy a much more realistic gaming experience. Additionally, the increasing processing power of mobile devices means more complex and detailed games can be developed for the platform.
#3 - Increased Accessibility
Mobile gaming is becoming more accessible to players of all ages and backgrounds. With the introduction of subscription-based gaming services, such as Apple Arcade and Google Play Pass, gamers can now access an extensive library of games for one low monthly fee. This makes it easier for mobile gamers to try out new games without investing a lot of money upfront.
#4 - Various Games Available
The mobile gaming market is incredibly diverse, with games available for all types of players. From casual puzzle games to intense first-person shooters, there is something for everyone.
Additionally, the platform is home to several popular franchises, such as Pokémon and Call of Duty, which further adds to the variety of games available.
#5 - Fast Revenue Generation
Mobile gaming is incredibly profitable, generating billions of dollars annually. This is because monetizing games with in-app purchases and microtransactions are well-understood by successful studios. Additionally, many mobile games are free-to-play, which further increases the potential for revenue generation.
A prominent example would be Genshin Impact, a popular game developed by miHoYo that has generated over $4 billion in revenue since its launch in September 2020. The game's gacha mechanic allows players to spend money to obtain new characters, weapons, and other items, which has undoubtedly contributed to its success.
#6 - Redefines Gaming
Mobile gaming has changed the way people play games. It has allowed developers to create unique experiences they could not have achieved on traditional consoles. For example, augmented reality (AR) games like Pokémon Go and Harry Potter: Wizards Unite allow players to explore their real-world environments while playing the game.
#7 - Mobile Gaming Is Here to Stay
New games are being developed and released yearly, meaning hardware requirements and software capabilities must keep up. It is the gamers—PC gamers especially—that must keep up with growing requirements.
However, this isn't a problem with mobile gaming because mobile devices are constantly being upgraded and improved. Even if the requirements for the games go up, new advancements in mobile devices are constantly being made. Essentially, the mobile gamer’s access to mobile games cannot be outpaced by the hardware requirements of mobile games.
Mobile gaming is a growing industry that's becoming increasingly popular. Because mobile technology is constantly improving, players don’t need to make a significant investment to play the games. All that matters is enjoying your game regardless of your device.
If you’re looking for a game development company, Gamestacy is for you! Gaming is meant to be diverse, so we create wholesome and fun yet thought-provoking games to make everyone feel good. Visit our website today to subscribe to our newsletter!