MOBILE games are now dominating the gaming industry, with companies finding fresh ways to milk revenue from consumers.
But while the segment has become a force to be reckoned with, industry players have also noted that the ease of spending can easily lead to mounting costs for these consumers – an issue that regulators are increasingly concerned about.
In 2023, the mobile gaming market was worth around US$108 billion globally, with the segment comprising the bulk (56 per cent) of total worldwide consumer spending on video games, based on a report from mobile market data provider data.ai and IDC.
