Mobile games provide good revenue to their developers through in-app purchases made by gamers. It is the main source of income for mobile games. The money they make is in the billions of dollars.
According to new figures that have emerged, the top five grossing mobile games in the world are: Honor of Kings, PUBG Mobile, Genshin Impact, Candy Crush Saga and Roblox. Cumulatively, they would have earned about $5 billion in revenue in eight months of the year.
Mobile games are expected to generate $149 billion in revenue this year, up from $140 billion a year ago. About 60% of this value, or $90 billion, will come from players in the two main markets, China and the United States.
High honors for the honor of kings
Figures collated from Statista and AppMagic by researcher Jastra Kranjec said Honor of Kings and PUBG Mobile — both from the stable of Tencent — generate more revenue than any other mobile game.
Until the end of August 2022, Honor of Kings made over $1.3 billion in revenue, ranking as the highest-grossing mobile game in the world. Tencent’s megahit MOBA hit 273 million downloads and over $8 billion in lifetime revenue this year.
PUBG Mobile, which for the record is banned in India, ranked second on the list of top-grossing mobile games. The world’s most popular mobile game by monthly active users grossed $1.2 billion — a good $200 million more than the third Genshin Impact. “The two Tencent titles generated more than $2.5 billion in revenue this year, more than Genshin Impact, Candy Crush Saga, and Roblox combined.”
Genshin Impact players have spent just over $1 billion on the game in eight months, and Candy Crush Saga and Roblox are among the top five, with $758 million and $612 million spent on games, respectively. players, according to data from AppMagic.
Overall, the average revenue per mobile game user is expected to increase 16% year over year, from $78.18 to $91.27. The number of people playing mobile games is expected to drop 10% to 1.63 billion this year.