Report: Social, Mobile Games Fastest Growing Segment of Gaming Industry

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According to a new report from FN Media Group LLC, the mobile gaming industry continues to assert its dominance in the digital world, “having already overtaken both PC and applications as the primary source of gaming world-wide.”

Just how big has this market become? Based on the data shared in the new report, after topping $34 Billion in 2015, the mobile gaming industry “continues to surge forward behind the development of new platforms and innovative gaming options for consumers.”

Among the standout companies highlighting this growth is Tapinator, Inc., an emerging growth company within the mobile gaming industry.

“Tapinator continued to show rapid business expansion in the second quarter of 2016,” said Tapinator CEO, Ilya Nikolayevm, in the company’s most recent earnings report. “Driven by more than 18 million average monthly active users, our second quarter revenues grew 73% year-over-year to approximately $1,062,000 , representing our eighth consecutive quarter of at least double-digit year-over-year revenue growth.”

As for other firm also enjoying mammoth growth, there are many. To see who is growing and how fast, check out FN’s Media Group’s announcement here.

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