South Korea Mobile Gaming Market 2024 | Growth, Trends, And Forecast By 2032
South Korea mobile gaming market size is projected to exhibit a growth rate (CAGR) of 7.20% during 2024-2032.
South Korea Mobile Gaming MarketOverview Base Year:2023 Historical Years:2018-2023 Forecast Years:2024-2032 Market Growth Rate:7.20%(2024-2032) The rise of hyper-casual games is impelling market growth in South Korea. According to the latest report by IMARC Group, theSouth Korea mobile gaming market sizeis projected to exhibit a growth rate(CAGR) of 7.20%during2024-2032. South Korea Mobile GamingIndustry Trends and Drivers: The audio gaming market in South Korea is one of the fastest-growing parts of the global gaming industry. South Korea has a tech-savvy population and the highest smartphone use in the world. This makes it a hotspot for innovation and income in mobile gaming. In recent years, hyper-casual games have become very popular. These games are easy to play and attract a wide audience. Now, developers are also creating mid-core games. These games aim to engage users even more. 5G technology also improved gameplay fluency and quick downloads. It is especially useful in augmented and virtual reality games. Monetization has changed. It used to rely mostly on subscriptions. Now, it includes more strategies. These focus on in-app purchases (IAPs) and ad revenues. South Korean gamers often spend a lot on in-game items. This makes the market very profitable for developers. South Korean players are influenced by extreme sports events like AfreecaTV and Twitch. These platforms combine gameplay setup and live-streaming. This mix boosts engagement and revenue.

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