The total number of paid subscriptions is set to reach 175 million at the end of 2023, growing to 217 million by 2027 – this excludes subscriptions within individual games.
A report predicts substantial growth in the global metaverse market, forecasting an increase from USD 83.9 billion in 2023 to $1,303.4 billion by 2030. This surge is anticipated at a compound annual growth rate (CAGR) of 48.0% during the forecast period.
Mobile market intelligence provider AppMagic took a deep dive into the data of the mobile game market in the third quarter of 2023. Joined by the hyper-casual games expert Anatoly Maximov, their research revealed an ongoing trend in the number of installs and the competition becoming even fiercer, making it more difficult for new hits to emerge.