Puzzle Games - Eastern Asia

Eastern Asia

In 2022, the Puzzle Games market in Eastern Asia is projected to generate a total revenue of US$5.98bn.
This indicates a significant growth potential in the market segment.
Moreover, it is expected that the market will continue to expand at a compound annual growth rate (CAGR) of 7.04% from 2022 to 2027.
This steady growth is projected to result in a market volume of US$9.05bn by 2027.
Within the Puzzle Games market, revenue from in-app purchases (IAP) is expected to reach US$3,283.00m in 2022.
This signifies the popularity of this revenue model among users.
Additionally, revenue from paid app downloads is projected to reach US$11.36m in 2022, indicating a smaller but still significant revenue stream.
Advertising revenue is also expected to play a substantial role in the Puzzle Games market, with a projected revenue of US$2,688.00m in 2022.
This highlights the effectiveness of advertisements in monetizing the market.
Furthermore, the number of downloads in the Puzzle Games market is projected to reach 5.46bn downloads in 2022.
This demonstrates the high demand for these games among users.
The average revenue per download is currently estimated to be US$1.10, indicating the potential profitability of the market.
In a global comparison, it is interesting to note that in the United States generates the highest revenue in the Puzzle Games market, with a projected revenue of US$5,517.00m in 2022.
This showcases the dominance of the US market in this segment.
in Eastern Asia, however, presents a significant opportunity for growth and investment in the Puzzle Games market.

Key regions: Germany, China, United States, Europe, Asia

Market

Region

Region comparison

Currency

Analyst Opinion

Since the start of Apple, Inc.'s App Store in 2008 with around 500 apps, mobile apps have come to dominate the digital economy and have quickly outpaced the demand for desktop applications. As of 2021, the Apple App Store and Google Play Store had more than 5 million apps combined. Because many apps from the West are not available in China, many new app stores have emerged there. Digital lifestyles around the world now depend on adopting mobile apps, especially when it comes to social networking. The games industry has also been thoroughly transformed by the app revolution and is demonstrated by the fact that the games category is the largest and highest-grossing app category.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on revenue from in-app purchases, revenue from the purchase of apps, and revenue from advertising, as well as the number of downloads for each app category.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use market data from independent databases and third-party sources, current trends, and reported performance indicators of top market players. In addition, we use relevant key market indicators and data from country-specific associations, such as smartphone users and mobile broadband connections. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward apps.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year in case market dynamics change.