data.ai: What awaits mobile games in 2024
TikTok will take over the Candy Crush Saga crown of the largest application by revenue.
TikTok will become the highest-earning application in history by the end of 2024. According to data.ai forecasts, the app will earn more than $14.6 billion. In second place will be Candy Crush Saga ($14.2 billion).
By the end of 2023, mobile revenue will decline by 3% to $107.5 billion. However, in 2024, data.ai predicts a 4% growth to $111.4 billion. This is slightly less than the peak in 2021 ($115.8 billion).
The United States will be the main driver of mobile market growth, accounting for 40% of the total revenue growth. Following will be Japan (16%), South Korea, Taiwan, Germany, and the United Kingdom. It is worth noting that data.ai does not take into account the Android store in China.
China is the largest gaming market in the world. However, data.ai cannot provide an accurate estimate due to calculation complexities.
It’s time to kick Slack and Google Drive out of the game development pipeline.
Review and provide feedback directly in art files with Mudstack:
Request reviews by tagging other users directly in the file
Easily assign change requests and provide approvals on files
Mark up files with the built-in annotation tool
Try for free here - mudstack.com
As for genres, RPG, Match games, casinos, and corporate games will generate the most revenue in 2024. RPG and Match will account for 20% of the total global revenue each.