Sport Games - United States
United States- The Sport Games market in the United States is expected to see significant growth in the coming years.
- According to projections, the total revenue in this market is set to reach US$2.90bn in 2022.
- This impressive figure is expected to increase at an annual growth rate of 12.28% (CAGR 2022-2027), resulting in a projected market volume of US$6.05bn by 2027.
- When examining the revenue sources within the Sport Games market, it is anticipated that in-app purchases (IAP) will contribute greatly.
- In 2022, the projected revenue from in-app purchases is expected to reach US$434.90m.
- Additionally, paid app revenue is projected to reach US$11.36m in the same year.
- On the other hand, advertising revenue is expected to generate US$2.46bn in 2022.
- In terms of user engagement, the number of downloads in the Sport Games market is projected to reach 394.00m downloads in 2022.
- This substantial figure indicates the popularity of sport games among consumers.
- Furthermore, it is worth noting that the average revenue per download is currently expected to amount to US$7.37, showcasing the market's potential for monetization.
- In a global comparison, it is evident that United States is the leading revenue generator in the Sport Games market.
- In 2022, United States is projected to generate US$2.90bn in revenue, solidifying its position as the dominant player in this market segment.
Definition:
Sport apps allow players to play digital versions of their favorite sports. The most popular sports apps are billiards, golf, soccer, and basketball. For example, 8 Ball Pool allows players to stake coins and play against other players online. The app version of the classic basketball game NBA Jam provides a nostalgic experience for fans of the original game.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).
