
According to new data from Appfigures (via Bloomberg,) mobile game spending hit new highs in 2024, even though downloads and new game releases saw a steep decline.
Spending hits new highs, but fewer games break through
The report reveals that spending on mobile games rose 4% to $65.7 billion last year. However, just $3.9 billion of the total amount came from titles actually released in 2024.
While new games hit their first million in revenue faster than ever, taking 106 days on…