With mobile phones getting smarter by the day, the number of people who access gaming applications on their mobile phone is definitely on the rise. Consequently, we have a number of new startups focusing on this specific market segment. While a majority of such mobile gaming applications make money either via gaming credits or requiring a paid dowload, some game developers also sustain on volumes and make money off ads.
According to a recent report on eMarketer, the revenues from mobile gaming is estimated to reach $1.5 billion by 2014. At this point, more than $1.3 billion is expected to be from paid gaming – a thumping victory for this monetization model.
Here is the revenues that are expected to be made from mobile games over the next few years. The percent contribution from paid games (as opposed to ad-supported) is provided inside brackets.
2009 : $627 million (94.3%)
2010 : $849 million (93.4%)
2011 : $1.028 billion (92.5%)
2012 : $1.1734 billion (90.9%)
2013 : $1.3767 billion (89.2%)
2014 : $1.514 billion (87.7%)