Xsolla, a global video game commerce company, has released its “The Xsolla Report: The State of Play,” Winter 2024 Edition. The report was first introduced in the Fall of 2023. Following the yearly trends, the 2024 report explores current trends and future forecasts, shaping the industry’s trajectory. It is a strategic guide for the dynamic gaming industry and game development community. However, we took a deep look at the report and laid down a brief picture here.
The Xsolla Report: The State of Play Winter 2024 Edition stated Asia Pacific as the leading region in global revenue
Of the total global revenue, the Asia Pacific region is the key player. 46% of the total share is confined in this part. In terms of genres, RPGs are on top in both Android and iOS, followed by strategy titles at the second position. The iOS users kept action titles in the third while for Android, it is casual games that are in the top three. Players are spending a lot on mobile gaming and the rise in the number is surprising.
A total of $19.61 billion in gaming in-app spending was marked in 2022 and the amount is assumed to surpass $20 billion in 2023. This was only in the US market. The global numbers are massive though. With an estimate to reach $111.4B total player spending in 2024, the mobile gaming industry is poised for a resurgence in the coming days.
The users prefer casual titles the most but Android users are not limited to a certain taste but rather love to explore the whole of it. The resurgence of mobile game spending in 2024 paints a positive picture of the industry’s future.
As we unveil ‘The State of Play’ Winter 2024 Edition, it’s clear the gaming industry is navigating a transformative era. This report, rich with data and insights, is a testament to our commitment to empowering developers and industry stakeholders.
Berkley Egenes, Chief Marketing & Growth Officer of Xsolla
Women’s participation in the gaming industry has also covered a big area
The influence of women in gaming is also a part of the report. As it says, there has been a significant rise in women gamers, constituting approximately 48% of players worldwide in 2022. Their positions in the executive and administrative arena are also a formidable part. 30% hold gaming industry professional roles and 16% occupy executive positions within the top 14 global gaming companies. The share of women game developers has seen a significant increase from 21% in 2017 to 30% in 2021. And, the number is growing day by day.
Besides, the report also stated that cloud gaming and metaverse will take the level to an unprecedented height. The investment will become massive as the market is growing to the top level. The Xsolla Report: The State of Play Winter 2024 Edition came up with top-notch quality insights and massive inspection throughout its whole body. This could be a leading feature for everyone and everything related to the gaming industry overall.
Xsolla report is the key for everyone and everything connected with the gaming industry
The report offers a deep understanding of the market dynamics and emerging trends, crucial for shaping strategies and embracing the future of gaming. It indicates the market trends and their future pathways. Shaping the industry with a sustainable model that meets future needs and also elevates the growth of the market, the report portrays the most realistic and meaningful insights.
As the future is more promising than ever before, the inclusion of the latest technologies and the most efficient way to do business via the apps are also prioritized in the 2024 winter edition.
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