Global spending on mobile games falls 5% as high inflation causes market to cool

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Mobile game spending fell 5% last year, to $110 billion, according to Data.ai. Nevertheless, downloads rose 8% to a record 90 billion.

Consumer spending across app stores totaled $167 billion in 2022, slipping 2% from the previous year, Data.ai said in its annual "State of Mobile" report Wednesday.

Mobile game spending fell 5% globally in 2022, to $110 billion, Data.ai, which was formerly known as App Annie, said in its "State of Mobile" report Wednesday. The report also looks at the broader state of sectors like mobile ads, retail and social media apps.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines