With a compound annual growth rate (CAGR) of 15.04%, the global mobile gaming market is expected to grow from $101.21 billion in 2021 to $116.43 billion in 2022. According to the latest ReportLinker report, Mobile Gaming Global Market Report 2022, the market is projected to reach $209.12 billion by 2026, growing at a CAGR of 15.77%.
Mobile Gaming Market
The growth of the mobile gaming market is largely driven by increasing smartphone penetration. Factors such as expanding internet access, rising social media usage, the convenience of mobile communication, the affordability of feature-rich phones, social status, higher disposable income, and overall dependency on mobile devices all contribute to this trend.
Technological advancement is another key driver shaping the market. Mobile gaming is increasingly integrating virtual reality (VR) and augmented reality (AR) technologies, offering players truly immersive gaming experiences.
Act Fast and Keep Improving
In the mid-2010s, CEO David Guo (Yaoqi Guo) recognized that video games were no longer confined to desktops, as more people began enjoying them on mobile devices. Top Games developed a calibrated platform that allowed players to experience lifelike graphics without lag. This innovation, combined with the breakout success of Evony, contributed significantly to the game’s popularity and, ultimately, the company’s annual revenue growth.
When asked, “How would you advise someone looking to advance in the gaming industry?” David Guo responded:
“At TGI, I believe our employees should act quickly to implement solutions, and I would give the same advice to anyone in the gaming industry. When you identify a problem, address it promptly and find ways to improve. Don’t be afraid to pinpoint issues—recognizing areas for improvement is the only way to deliver the best possible customer experience.”
Gaming continues to be a top growth sector within the tech investment landscape, positioned at the intersection of entertainment, interactive media, and social engagement.
Rapid MVPs and Responsible Innovation
When launching new game projects, Top Games evaluates market demand, innovation potential, and alignment with our core principles. We identify opportunities to deliver unique value, prioritizing innovative gameplay, engaging narratives, and advanced technology integration. Each project is designed to resonate with our mission of enhancing user enjoyment and fostering community. Adopting a lean approach, we rapidly develop a Minimum Viable Product (MVP) and test it in select markets reflecting global demographics. This enables us to innovate responsibly and learn from each project without the fear of failure hindering our team. We believe that growth is essential for both survival and long-term success—and the only way to achieve it is by pushing beyond our current capabilities and knowledge.
