The mobile gaming market generated a combined $7.4 billion from player spending across both app stores in January 2022, which represents a slight dip of 7% compared to 2021.
PUBG Mobile by Tencent was the top-grossing mobile game globally in the first month of 2022, finds new data from Sensor Tower.
The game generated approximately $237 million in player spending with 64% of its revenue coming from China, followed by the US (8%) and Turkey (7%).
Honor of Kings ranked second for mobile gaming revenues with $233 million with 96% of revenues originating from China, followed by Taiwan (2%).
Genshin Impact, too, had a strong start to the year with a 37% growth in player spending to $208.7 million.
Overall, the US saw some of the highest revenues at $2.1 billion or 28% of global player spending, followed by Japan (19.3%) and China (17.8%).
What’s emerging is that despite a slight dip in revenues as the world emerges from ongoing COVID lockdowns, player spending remains strong for top title games.