The online gaming industry is set to hit $152.6 billion by 2030, growing at a robust annual rate of 9.1% between 2024 and 2030. The surge is largely driven by increasing investments in online games and the expanding use of smartphones and tablets.
Reliable high-speed internet and strong network connectivity are also key drivers behind the growing demand for online gaming services.
Additionally, ongoing upgrades in network technology and advancements in augmented reality (AR), virtual reality (VR), and extended reality (XR) are expected to create major opportunities for growth in the iGaming sector during this period.
Mobile gaming is experiencing a major boost, largely thanks to the widespread adoption of smartphones highlighting the growing importance of mobile platforms, which offers unparalleled convenience and accessibility.
As smartphones become a staple in everyday life, more players are turning to mobile games for their entertainment, creating a diverse and expanding audience.
Mobile gaming has therefore emerged as a leading segment in the online gaming market, reshaping industry trends and offering exciting prospects for developers and other stakeholders.
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