Trivia Games - Canada
Canada- The Trivia Games market in Canada is expected to witness significant growth in the coming years.
- According to projections, the total revenue in this market is anticipated to reach US$4.28m in 2022.
- Moreover, it is estimated that the market will experience an annual growth rate, known as the Compound Annual Growth Rate (CAGR), of 7.19% between 2022 and 2027.
- This growth is expected to result in a market volume of US$6.22m by 2027.
- When examining the revenue sources within the Trivia Games market, it is projected that in-app purchases (IAP) will generate US$1.59m in 2022.
- Additionally, paid app revenue is expected to reach US$372.70k, while advertising revenue is projected to amount to US$2.32m in the same year.
- The number of downloads within the Trivia Games market is also expected to see a notable increase, reaching 19.50m downloads in 2022.
- Currently, the average revenue per download is estimated to be US$0.22.
- In a global perspective, it is worth noting that United States generates the highest revenue within the Trivia Games market, with projections indicating US$74.15m in 2022.
- This demonstrates the significant market potential and revenue opportunities within the Trivia Games market industry.
- Key regions:
- Asia,
- China,
- Germany,
- Japan,
- South Korea
Definition:
Trivia game apps ask users questions that need to be answered correctly in order to earn points. They are based on real-life trivia game shows such as Family Feud. A popular trivia game app is Trivia Crack, which asks questions about a variety of subjects such as history, geography, and science. Sporcle also provides different kinds of quizzes, many of them created by contributors, such as asking users to identify countries on a European map or list all the species of the original Pokémon.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).
