Is Japan’s Mobile Game Market Declining?
🇯🇵📉 Is Japan's Mobile Game Market Declining? China's Developers to the Rescue! Just a decade ago, the idea of Japan’s mobile gaming market faltering would have been unthinkable. However, today, pessimism is creeping in. Recent reports from multiple Japanese media outlets reveal that Japan's once-dominant mobile game market has faced three consecutive years of decline, with many local developers failing to perform as expected. 😟 According to Sensor Tower data for Q1 2024, Japan's mobile game market shrank from $4.9 billion last year to $4.1 billion — making it the only market among the top five globally to experience a decline. To make matters worse, only two games generated more than $100 million in revenue this year, a 50% drop from the previous year and far below 2021's numbers. 📉 In stark contrast, Chinese mobile games have gained momentum. Titles […]