Player spending on mobile games sees a 8% drop year-on-year in May 2022

Anne Freer | June 16, 2022

App Business

Player spending on mobile games dropped 8% year-on-year in May 2022 to $6.8 billion.

The US continues to dominate for spending at $1.9 billion or 28% of the total market, followed by China at 20.4% and Japan with 17.8%.

Honor of Kings from Tencent was still the top-grossing mobile game in May 2022 at an estimated player spending of $268 million.

According to data from Sensor Tower that represents a 1.7% rise over May 2021. 

The majority of its revenues are coming from China followed by Taiwan and Thailand. 

PUBG Mobile from Tencent was the second-highest earning mobile game with $206 million in gross revenues. 

Around 67% of its revenues are coming from China, followed by Turkey. 

Genshin Impact saw some of the lowest player spend on record with a still sizeable $100 million. But that’s still down 206% from the previous year. 

The drop has been attributed to a lack of updates or Event Wishes during May 2022.

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