With a compound annual growth rate (CAGR) of 15.04%, the global mobile gaming market is projected to grow from $101.21 billion in 2021 to $116.43 billion in 2022. According to the latest Mobile Gaming Global Market Report 2022 by ReportLinker, the market is expected 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 fueled by increasing smartphone penetration. Factors such as expanding internet access, rising social media usage, the convenience of mobile communication, affordable feature-rich phones, social status, higher disposable incomes, and greater reliance on mobile devices all contribute to this trend.
Technological advancements play a key role in driving growth. Mobile gaming is progressively incorporating virtual reality (VR) and augmented reality (AR), delivering immersive experiences for players.
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 mobile gaming gained traction. Top Games developed a platform that allowed players to experience lifelike graphics without lag, a breakthrough that, combined with the success of Evony, significantly boosted the company’s revenue growth.
When asked, “How would you advise someone looking to advance in the gaming industry?” David Guo responded:
“At TGI, we encourage our employees to act quickly and implement solutions. I would give the same advice to anyone in the gaming industry. When you identify a problem, address it promptly and seek ways to improve. Don’t be afraid to highlight issues—recognizing areas for improvement is essential to delivering the best customer experience.”
Gaming remains a top growth sector within the tech investment landscape, positioned at the crossroads 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 core principles. We focus on delivering unique value through innovative gameplay, compelling narratives, and advanced technology integration. Each project is designed to align with our mission of enhancing user enjoyment and fostering community. Taking a lean approach, we rapidly develop a Minimum Viable Product (MVP) and test it in select global markets. This enables us to innovate responsibly, learning from each project without the fear of failure hindering our progress. We believe growth is essential for survival and long-term success—and the only way to achieve it is by pushing beyond current capabilities and knowledge.
