Simulation Games - CIS
CIS- The Simulation Games market in the CIS region is expected to witness significant growth in the coming years.
- According to projections, the total revenue in this market is anticipated to reach US$74.71m in 2022.
- Furthermore, it is estimated that the market will experience a compound annual growth rate (CAGR 2022-2027) of 7.17%, resulting in a projected market volume of US$131.60m by 2027.
- When analyzing the revenue breakdown, it is predicted that in-app purchases (IAP) will contribute a substantial portion to the overall revenue.
- In 2022, the projected IAP revenue in the Simulation Games market is expected to reach US$31.92m.
- Additionally, paid app revenue is projected to reach US$5.25m , while advertising revenue is estimated to reach US$37.54m in the same year.
- In terms of user engagement, the number of downloads in the Simulation Games market is expected to reach 531.50m downloads in 2022.
- This indicates a strong demand for these games among consumers.
- Furthermore, the average revenue per download is projected to be US$0.14 , highlighting the potential profitability of this market segment.
- When comparing the global market, it is worth noting that United States generates the highest revenue in the Simulation Games market.
- In 2022, the projected revenue from United States alone is expected to reach a staggering US$4.60bn.
- In conclusion, the Simulation Games market in the CIS region is poised for growth, with significant revenue potential across different revenue streams.
- With the increasing number of downloads and the average revenue per download, it is evident that this market segment offers lucrative opportunities for businesses operating in the region.
- However, it is crucial for companies to adapt their strategies to meet the evolving demands and preferences of the target audience in order to succeed in this competitive market.
- Key regions:
- Germany,
- India,
- United States,
- South Korea,
- Asia
Definition:
Simulation game apps are designed to closely simulate aspects of reality. The category has been defined by titles (produced by the video game developer Maxis) such as SimCity, which involves building and designing an urban city from scratch, and The Sims, which simulates suburban family and social life with human relationships, home improvement, and the pursuit of happiness. Various flight simulators also offer highly realistic simulations of flying commercial airplanes, with aerodynamics, weather changes, and traffic control in airports.Additional Information:
We consider three different sources of revenue:- Revenue from in-app purchases (IAP) that comes from the purchase of features, upgrades, and subscriptions within an app
- Paid app revenue from the one-time purchase of an app
- Advertising revenue obtained from showing ads within an app
In-Scope
- Apps that can be downloaded from major app stores such as Apple, Inc.'s App Store and the Google Play store, or in the case of China, from stores such as Huawei AppGallery and Tencent Appstore.
- Apps that are run on iPhones and Android phones.
Out-Of-Scope
- Apps exclusively offered by Microsoft Store and Amazon Appstore for Android.
- Custom-made apps not available from any official app store.
- B2B/C2C app sales of any kind.
- Subscription revenues outside of in-app purchases (for example, Netflix and Spotify use their own payment systems outside of their apps).
