Word Games - Serbia
Serbia- The Word Games market in Serbia is set to reach a total revenue of US$152.70k by 2022.
- This market segment is expected to experience a steady annual growth rate (CAGR 2022-2027) of 7.72%, resulting in a projected market volume of US$232.70k by 2027.
- Within the Word Games market, the revenue generated from in-app purchases (IAP) is projected to reach US$58.85k in 2022.
- Additionally, revenue from paid apps is estimated to reach US$8.74k in the same year.
- Moreover, advertising revenue is expected to reach US$85.08k in 2022.
- In terms of downloads, the Word Games market in Serbia is projected to reach 3.58m downloads in 2022.
- Currently, the average revenue per download is expected to be US$0.04.
- When compared globally, it is worth noting that United States generates the highest revenue in the Word Games market, with an estimated revenue of US$1.74bn in 2022.
- Key regions:
- South Korea,
- India,
- Asia,
- Japan,
- Germany
Definition:
Word game apps involve the creation, identification, or recognition of words and test a player's vocabulary. Traditional pen-and-paper word search and crossword puzzles have many app versions, as does the classic game Scrabble, in which players compete and earn points by assembling words on a board.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).
