Technology

Mobile Gaming Market to Grow by USD 82.4 Billion (2025-2029), Rising Popularity of Multiplayer Games Boosts Growth, Report with the AI Impact on Market Trends – Technavio

Published

1 year ago

January 31, 2025

NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global mobile gaming market size is estimated to grow by USD 82.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 11.3% during the forecast period. Rising popularity of multiplayer mobile games is driving market growth, with a trend towards growth in availability of free-to-play mobile games. However, increasing cost of mobile gaming development poses a challenge. Key market players include Activision Blizzard Inc., Behold Studios, CyberAgent Inc., DeNA Co. Ltd., Electronic Arts Inc., Epic Games Inc., GungHo Online Entertainment Inc., Larva Game Studios, Microsoft Corp., Modern Times Group MTG AB, NetEase Inc., Netmarble Corp., NEXON Co. Ltd., Niantic Inc., Nintendo Co. Ltd., Sega Sammy Holdings Inc., Square Enix Holdings Co. Ltd., Tencent Holdings Ltd., The Walt Disney Co., and Ubisoft Entertainment SA.

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Mobile Gaming Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 11.3%

Market growth 2025-2029

USD 82.4 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

9.9

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 55%

Key countries

US, China, Japan, India, Germany, Canada, UK, France, Italy, and Brazil

Key companies profiled

Activision Blizzard Inc., Behold Studios, CyberAgent Inc., DeNA Co. Ltd., Electronic Arts Inc., Epic Games Inc., GungHo Online Entertainment Inc., Larva Game Studios, Microsoft Corp., Modern Times Group MTG AB, NetEase Inc., Netmarble Corp., NEXON Co. Ltd., Niantic Inc., Nintendo Co. Ltd., Sega Sammy Holdings Inc., Square Enix Holdings Co. Ltd., Tencent Holdings Ltd., The Walt Disney Co., and Ubisoft Entertainment SA

Market Driver

The mobile gaming market is experiencing significant growth, driven by increased advertising investment in the gaming industry. Smartphones are at the heart of this trend, with product differentiation and advertisement strategies capitalizing on smartphone hardware capabilities. Unity Technologies and other game engines enable developers to create high-quality games, but battery drain and screen resolution are key challenges. 5G and 5G connectivity are revolutionizing mobile gaming, offering ultra-low latency and higher data speeds. Geopolitical tensions and economic conditions impact mobile subscribers’ access to cellular services. In-game purchases and cloud gaming services, like Amazon App Store and Google Play, are driving revenue growth. Smartphone penetration and smartphone ownership continue to rise, particularly among digital frontrunners with higher income levels. Mobile chipsets and battery power are crucial for running AAA-caliber mobile games, including Action or Adventure, Casino, Sports, Role Playing, and Casino gambling. Platforms like Android and iOS dominate the mobile gaming sector, with Google Play Store, Apple App Store, and Amazon App Store leading the way. In-app purchases and advertisements are essential monetization strategies, with social connectivity and multiplayer gaming experiences enhancing user engagement. Smart devices, including tablets and handheld gaming devices, are expanding the mobile gaming landscape. The mobile gaming revolution is transforming the industry, attracting potential players and challenging traditional gaming formats like PC games and consoles.

Free-to-play mobile games, part of the freemium business model, offer gaming providers a platform to showcase their products and convert free users into paying customers. These games are accessible for download on the Google Play Store and Apple App Store at no cost. In-game transactions involve the use of virtual currencies to purchase virtual goods, such as clothing, models, and other items. Users may opt to spend real money on virtual products, including coins, magic wands, houses, guns, and swords. Notable free-to-play mobile games include Clash of Clans, Pokemon GO, The Sims FreePlay, and Brawl Stars.

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Market Challenges

The mobile gaming market is a rapidly growing industry, with smartphones becoming the go-to device for gaming. However, there are several challenges for game developers and publishers. Advertising investment is crucial for reaching potential players, but smartphone hardware capabilities, such as battery drain and screen resolutions, can impact advertising strategies. Unity Technologies and other game engines help overcome performance limitations, but 5G connectivity and ultra-low latency are essential for high-quality mobile gaming experiences. Geopolitical tensions and economic conditions can also impact the market. In-game purchases and cloud gaming services offer new revenue streams, but battery power and processing power are key considerations for mobile chipsets. With the increasing penetration of smartphones and 5G technology growth, the mobile gaming sector is projected to surpass PC games. Game publishers and indie developers must adapt to these challenges and leverage social connectivity, multiplayer gaming experiences, and personal digital assistance to engage players. Platforms like Google Play Store, Apple App Store, Amazon App Store, and others play a crucial role in app discovery and monetization through in-app purchases and advertisements. The future of mobile gaming lies in the convergence of smartphone technology, wireless bandwidth, and the mobile revolution.The mobile gaming market experiences a significant rise in development costs due to increasing consumer demand for enhanced game content. Complex graphics, custom characters, intricate objects, and advanced visual effects necessitate the employment of skilled artists and use of specialized software. Consequently, expenses related to art creation have escalated. To stay competitive, mobile gaming companies hire actors from the film industry to voice virtual characters, further increasing production costs.

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Segment Overview

This mobile gaming market report extensively covers market segmentation by

Platform 1.1 Online1.2 OfflineType 2.1 Casual gaming2.2 Professional gamingGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Online- The mobile gaming market’s online segment is experiencing significant growth due to the increasing usage of mobile devices and internet penetration worldwide. Many online mobile games are free to download from application stores, allowing gamers to play from anywhere, anytime. Social interaction is a key factor, with games like chess enabling community building and chat features. Massively multiplayer online (MMO) games, which allow multiple players to game simultaneously, also contribute to the segment’s growth. In-app purchases and microtransactions for virtual goods, such as weapons, potions, and avatars, are a significant revenue driver. Popular games like Candy Crush Saga and Pokémon GO utilize this business model. With more time spent on mobile devices for gaming than on consoles or PCs, the likelihood of in-app purchases is high, fueling the online segment’s expansion and the overall mobile gaming market’s growth.

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Research Analysis

The mobile gaming market is experiencing explosive growth, driven by the widespread use of smartphones and tablets. Advertising investment in the gaming industry, with advertisers recognizing the vast potential audience reach. Product differentiation is key, as developers leverage advanced smartphone hardware capabilities like Unity Technologies to create gaming experiences. 5G and ultra-low latency are revolutionizing mobile gaming, offering faster downloads and smoother gameplay. However, challenges remain, such as battery drain and geopolitical tensions impacting app stores like Google Play Store and Apple App Store. In-app purchases and social connectivity are essential for monetization and multiplayer gaming experiences. Game developers, from indies to industry giants like Electronic Arts, continue to innovate, with cloud gaming services like Google Play offering hyper-scale cloud capabilities. Screen resolutions and smartphone penetration also influence the market’s direction.

Market Research Overview

The mobile gaming market is experiencing explosive growth, fueled by the widespread adoption of smartphones and the advancement of smartphone hardware capabilities. Unity Technologies and other game engines enable product differentiation, while advertisement strategies cater to mobile subscribers. Advertising investment in the gaming industry is on the rise, with in-game purchases and cloud gaming services driving revenue. 5G and hyper-scale cloud capabilities offer ultra-low latency and higher data speeds, enhancing the mobile gaming experience. Geopolitical tensions and economic conditions may impact the sector, but the mobile gaming sector continues to thrive, with game developers and publishers releasing AAA-caliber mobile games across various genres, including Action or Adventure, Casino, Sports, Role Playing, and Casino gambling. The mobile gaming market is a dynamic and innovative space, with new technologies and platforms, such as Android and iOS, driving growth and engaging potential players, including Tablet users and Smartphone owners.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

PlatformOnlineOfflineTypeCasual GamingProfessional GamingGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Technology

Haloid Solutions Expands Access to Radio Equipment by Offering Flexible Financing and Leasing Solutions Named HaloidFLEX

Published

2 hours ago

April 18, 2026

NEW YORK, April 18, 2026 /PRNewswire/ — As part of Haloid Solutions’ long-term commitment to helping businesses and municipalities acquire critical communications equipment despite budgetary constraints, Haloid now offers specialized financing and leasing programs through its HaloidFLEX program.

Designed to ensure that companies and governments have the equipment they need without costly capital expenditures outlays, HaloidFLEX offers financing for equipment purchased directly from manufacturers or local radio dealers. HaloidFLEX financing offers zero percent and low-interest options as well as predictable monthly payments for qualified buyers. HaloidFLEX clients can even opt to incorporate extended support services and protections into their financing to prepare for accidents, theft, or equipment losses. This gives companies peace of mind with one low monthly payment.

For organizations that don’t want or need to own equipment long-term, the HaloidFLEX leasing program offers similar benefits with potential tax advantages. Companies can lease brand new equipment and upgrade or return it at lease-end as needed. For companies seeking flexible options – or those that are interested in upgrading to the latest technology as it becomes available – leasing makes perfect sense.

One of the added benefits of each program is that HaloidFLEX allows clients to bundle services and protections that would normally be billed separately. Accidental damage, theft, and loss protections can be put in place, so that there’s never a lapse in communication if a radio fails. Extended warranties are also available upon request, so companies can customize their financing and protection to fit their budget and safeguard their equipment simultaneously.

According to a Haloid Solutions spokesperson, “Bundling expenses simply makes sense. It reduces the need for multiple policies and flexes with organizations to ensure critical communication equipment is available when needed while guaranteeing that the company’s investment is protected for the life of the equipment.”

HaloidFLEX financing and leasing programs are available to qualified businesses and municipalities nationwide. To learn more or request a customized quote, visit HaloidSolutions.com.

About Haloid Solutions

Haloid Solutions is the go-to resource for U.S. businesses and municipalities in search of financing and leasing for two-way radios, walkie talkies, communications equipment, accessories, and services. Focused on reliability, affordability, and performance, Haloid strives to equip professionals in all communication-based industries with the resources they need most.

For more information about Haloid Solutions, or details about the HaloidFLEX financing or leasing programs, please visit https://haloidsolutions.com/collections/lmr-radio-financing-and-leasing-and-subscription-low-cost-payment-options-for-2-way-radio-equipment or contact us on our website.

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SOURCE HALOID SOLUTIONS

Technology

CAS Holdings Appoints Patrick McDermott as Chief Executive Officer

Published

3 hours ago

April 18, 2026

Leadership Transition Positions CAS Holdings for Continued Growth and Customer-Focused Innovation

FRANKLIN, Mass., April 18, 2026 /PRNewswire/ — CAS Holdings, a leader in industrial automation distribution, engineering, and integration, is pleased to announce that Patrick McDermott has been named Chief Executive Officer.

McDermott previously served as President and Chief Revenue Officer, where he played a key role in driving growth across the organization, strengthening customer relationships, and leading teams with a clear focus on execution and results.

In his new role as CEO, McDermott will lead CAS Holdings into its next phase of growth, building on the company’s strong foundation and continued commitment to delivering value to customers, partners, and employees.

“I’m honored to step into the role of CEO at CAS Holdings,” said McDermott. “Over the past year, I’ve had the opportunity to work alongside an incredible team, support our customers, and help drive the growth of our organization. I’m excited to build on that momentum as we move into our next chapter.”

CAS Holdings, through its divisions including iAutomation and RND Automation, delivers a full spectrum of industrial automation solutions – from product distribution and technical support to custom machine building and system integration. Serving OEM machine builders and end-users, the company brings deep expertise in motion control, robotics, and vision, along with value-added capabilities such as kitting, sub-assembly, panel building, and turnkey automation systems, acting as an extension of its customers’ engineering and production teams.

McDermott’s leadership will focus on advancing CAS Holdings’ strategic initiatives, strengthening its market position, and continuing to deliver innovative automation solutions that support customers across a wide range of industries.

“We have a strong foundation, a talented team, and a clear direction. I’m looking forward to what we’ll accomplish together,” McDermott said. “Our focus remains on supporting our customers with responsive, local expertise, strong supplier partnerships, and the engineering and production capabilities they rely on to keep their operations running and growing.”

About Complete Automation Solutions Holdings

Complete Automation Solutions Holdings (CAS Holdings) is dedicated to empowering industrial automation companies, including those in the packaging industry, to achieve optimal efficiency and success. With a diverse portfolio encompassing industrial distribution, panel building and assembly, system integration, and robotics, CAS Holdings provides comprehensive packaging machines and solutions tailored to meet industry needs. The company prioritizes strong partnerships, expert engineering, and innovative solutions, ensuring sustainable practices and continuous improvement. CAS Holdings envisions a future where its transformative automation solutions redefine industry standards and drive growth. Committed to transparency and collaboration, CAS Holdings aims to be the most trusted partner in the automation sector.

Press Contact:

Erika Jacques
508-838-8012
http://www.iautomation.com/

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SOURCE CAS Holdings, Inc.

Technology

Vipboss Marks Earth Day with Renewed Commitment to Green Energy Solutions

Published

4 hours ago

April 18, 2026

NEW YORK, April 18, 2026 /PRNewswire/ — As Earth Day draws global attention to environmental responsibility, Vipboss, a specialist manufacturer and developer of lithium iron phosphate (LiFePO4) battery packs for energy storage and mobility applications, is underscoring its long‑term commitment to sustainable energy practices through its Environmental Advocacy. This advocacy is devoid of ornate language; its inspiration stems from the brand’s unwavering conviction in LiFePO4 batteries as a green energy solution. To align this message with practical action, the brand is also running a themed sales campaign on its official website during April 18th to 30th. It highlights how practical product solutions, rather than abstract concepts, can support cleaner energy use in everyday life.

Across the world, energy consumption patterns are undergoing rapid change. Households, outdoor users, and light‑mobility sectors are increasingly seeking energy systems that are safe, sustainable, and low‑emission. Within this shift, LiFePO4 batteries have emerged as a preferred technology for clean‑energy applications. Their long service life, high safety profile, and absence of cobalt, which is an element associated with higher environmental and ethical risks, position them as a responsible choice in the global transition toward greener power.

LiFePO4 technology forms the foundation of Vipboss’s approach to sustainable energy. Its extended cycle life reduces the frequency of battery replacement, lowering resource consumption and easing the environmental burden associated with disposal. The material’s inherent stability also minimizes the risk of thermal runaway, offering a safer experience in homes, recreational vehicles, and public environments. In practical use cases such as home backup systems, RV travel, and golf‑course operations, LiFePO4 batteries deliver efficient storage and stable output, helping reduce reliance on fossil‑fuel‑based energy sources and supporting lower‑carbon lifestyles.

Vipboss’s environmental advocacy extends beyond the technical advantages of its products. The brand promotes responsible energy use as an integral part of sustainable living, emphasizing that product design and informed application must work together to achieve meaningful environmental outcomes. As a provider of energy solutions for home, travel, and leisure scenarios, Vipboss continues to participate in the long‑term process of green transformation through ongoing technological refinement and product evolution.

Earth Day serves as a reminder that lasting environmental impact is built through small, consistent actions. Looking ahead, Vipboss will continue advancing safer, more durable, and more efficient energy products that support individuals and families in adopting more sustainable energy habits. Through these efforts, the brand aims to contribute enduring value to the wider adoption of clean energy and the collective pursuit of a more sustainable future.

About Vipboss

Vipboss is a specialist in the lithium battery industry, focusing on the research, production, and manufacturing of lithium iron phosphate (LiFePO4) battery packs. The company is committed to advancing battery technology with an emphasis on reliable performance, safety, and extended service life. Its mission is to deliver safe, efficient, and environmentally responsible energy solutions that contribute to a cleaner, more sustainable future.

For more information, please visit: https://vipbosspower.com/.

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SOURCE Vipboss