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    HomeReviewsCellular video games offers reached $15.5 billion in 2021, says Drake Star...

    Cellular video games offers reached $15.5 billion in 2021, says Drake Star | Pocket Gamer.biz


    In 2021, video games trade offers surpassed $85 billion throughout 1,159 transactions, in accordance with funding banking agency Drake Star Companions.

    Within the agency’s Global Gaming Report 2021, it outlined that the entire worth of acquisitions to happen reached $37.8 billion throughout 299 introduced and closed offers.

    Out of the 299 video games associated offers throughout the 12 months, the cellular video games area had been the second-most frequent behind PC/console offers, at 77 and 107 respectively.

    Regardless of not main in quantity, cellular video games offers accounted for the very best deal worth at $15.5 billion. Comparatively, PC/console offers accounted for $13.9 billion of the general spend.

    On the horizon

    The M&A facet was led by trade heavy hitters, together with Embracer, Tencent, Zynga, and ByteDance. The biggest acquisition of the 12 months was ByteDance’s $4 billion acquisition of Moonton.

    The ball has already begun to roll this 12 months, with Take-Two’s $12.7 billion acquisition of Zynga, the biggest acquisition to ever occur within the video games trade.

    With the entire acquisition spend already creeping up on final 12 months’s complete in a matter of weeks, we are able to count on to see much more M&A in 2022.

    Outdoors of investments, in accordance with App Annie customers spent $116 billion on cellular video games in 2021, with titles resembling Roblox and Genshin Influence main the entrance.

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