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Southeast Asia Is Fastest Growing Mobile Games Market In World
Southeast Asia is the fastest growing mobile games market in the world, according to a new report from market researcher Newzoo. Image Source/ Bang Showbiz According to market researcher Newzoo’s report, the region – consisting of Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam – is set to generate $2.6 billion in mobile games revenue in […]
Lucy Cooper
Southeast Asia is the fastest growing mobile games market in the world, according to a new report from market researcher Newzoo.
Image Source/ Bang Showbiz
According to market researcher Newzoo’s report, the region – consisting of Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam – is set to generate $2.6 billion in mobile games revenue in 2019, and $4.3 billion in revenue in 2019, which is an increase of 13 per cent.
Mobile currently accounts for almost 70 per cent of the region’s total games revenue and is growing more quickly than PC and console, although all areas are seeing an increase.
And, according to new reports from Niko Partners, video game revenues for PC and mobile are expected to reach $8.3 billion in Southeast Asia and Chinese Taipei (also known as Greater Southeast Asia or GSEA) within the next five years.
The GSEA is also showing the fastest growth in the world when it comes to esports revenue.
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