Stock Market Today: Dow, S&P 500 Slip; Disney, Arm Stocks in Focus
·1 min
Title: Mobile Gaming Industry Sees Significant Growth in 2020 #
The mobile gaming industry experienced substantial growth in 2020, as the COVID-19 pandemic led to increased consumer demand for at-home entertainment. With people spending more time indoors, mobile game downloads and in-app purchases surged. The industry’s revenue reached new heights, with global mobile gaming revenue reaching $77.2 billion in 2020, a year-over-year increase of 13.3%. Popular games like “Among Us” and “Pokémon Go” saw record-breaking numbers of downloads and engagement. Industry analysts predict continued growth in the mobile gaming sector in the coming years.