According to new data from Sensor Tower Game Intelligence, the mobile game market fell to $11.4 billion in the first half of 2022. Arcade and tabletop games were the only categories where sales increased.
Racing games saw the biggest drop with a 28.8 percent year-over-year revenue decline, and geolocation augmented reality games fell 26 percent over the same period.
In addition to the drop in revenue, mobile game downloads also fell 2.5 percent year-on-year to 2.4 billion.
Revenue for the second quarter of 2022 alone fell 11.4 percent to $5.6 billion, although downloads remained relatively stable at 1.2 billion.
The report attributes the overall decline in the mobile gaming market to a variety of headwinds and challenges, including inflation, the end of Covid-19 lockdowns, and privacy changes such as the abolition of the IDFA tag.