Riding Out the Storm: Key Takeaways from the Mobile Gaming Market's Downturn
The gaming industry was long considered a recession-proof sector, with the videogames market experiencing growth over the past 30 years, including during the 2007-2008 financial crisis. However, 2022 marked a turning point, with the global video game industry declining by 5% to $193 billion, according to data.ai. The mobile gaming segment, which accounts for over half of the market, was hit parti…
Oct. 12, 2023, 2:44 p.m.