Mobile games generated $34.8 billion in 2015

Market researcher App Annie reports that mobile games hit $34.8 billion, gaining 85 percent of overall mobile app market revenue. It is said that app market will continue its growth reaching $101 billion by 2020 with mobile games generating $74.6 billion.

Researcherы emphasize that one of the reasons for this growth is strong monetization in China, Japan and South Korea. In the meantime other sources claim that the market will grow 22 percent by 2020. Games market is healthy enough to grow, but the growth might not be not that big considering past years as the market becomes more mature.

Some of the sources studied PC market as well, saying that it might reach $26.1 billion in 2016, so we won’t see mobile market rocketing rates here. Make sure to share your thoughts on the future of the mobile market in the comments below.

Source: venturebeat.com