The gaming industry is a big beneficiary of technological advancements. Over the years, online gaming has become trendy, leading to the emergence of many online casinos. If you are a punter in Thailand looking for an online casino (คาสิโนออนไลน์) that offers an outstanding game collection and other services, JackpotCity Casino would be an ideal choice. The Asian countries behind the rise of online gaming in the region include China, Taiwan, Vietnam, Thailand, and the Philippines.
In this article, you will find the highlights of the critical trends and behavioral patterns in the Asian online gaming market. You will also read about consumer preferences in the region.
Asian Online Gaming Is Mobile
The global mobile penetration rate is at an all-time high, and the Asian region is no exception. This has led to an increase in mobile game production, making them dominant in the gaming market. Mobile games are particularly trendy in the diverse Asian market because they can be effortlessly customized for local needs.
Recent studies revealed that Android mobile devices are the most popular among Asian gamers. On average, the studies show that more than 60% of Asians prefer gaming from their mobile devices. The availability of well-designed mobile games has played a significant role in the rise of Asia’s gaming industry.
Asians Spend More Time Playing Games
It is estimated that Asian gamers spend up to 2 hours every week on games. China is reported as the leading Asian country in screen time as more than 30% of gamers spend up to 9 hours playing games online.
This trend has contributed considerably to the growth of the industry in the region. Because of this trend, industry experts estimate that the Chinese gaming industry will make up to 41.5 billion USD in 2023. Such projections attract more reputable online gaming operators to the region pushing the industry to grow further.
The Asian gaming market is also characterized by big-spending gamers. For instance, research findings suggest that over 90% of Vietnamese people have spent money on online gaming. In China, more than 65% of the Chinese people have spent some money on gaming. Thailand comes in third, with over 50% of participants that took part in the study admitting to having spent money on games.
The people’s willingness to spend on online games has also played a role in taking the region’s gaming industry to the next level.
The gaming industry in Asia is expected to continue the upward trend. Mobile gaming is expected to drive the gaming industry’s future in the region, especially with high smartphone penetration rates. However, the rise of the industry has also brought its fair share of challenges. For instance, games’ lifespan is getting shorter, putting pressure on operators to generate as much profit as they can within a short period.
Moreover, game developers require adequate financial support and investments to pull through the initial stages where making profits is hard. Nevertheless, the Asian gaming market remains attractive to international operators. There will be more joining the market to get a share of the pie.