igamingbusiness . com
DATA
MOBILE DASHBOARD
iGB ’ s principal data partner H2 Gambling Capital provides its regular update on the fast-growing mobile gaming segment , with projections extended to 2028
DECEMBER 2023
Total global mobile gross win
140
120
120.9
100
80
60
40
20
0
0.5 0.7 0.9
2003 2004
2005
1.1 1.2 1.8
2006 2007
2008
2.2 2.7 3.5
2009 2010
2011 2012
2013 2014
2015 2016
2017 2018
2019 2020
2021
Mobile percentage of global igaming gross win
4.9 6.8 9.3 11.5 14.1 16.6
20.0 24.4
32.5 41.9
49.9 58.8
69.0 80.5
2022 2023E
2024E 2025E
2026E 2027E
2028E
94.4 107.3
Revenues from the mobile channel are estimated to reach $ 58.8bn in 2023 and grow to $ 120.9bn in 2028 at a compound annual growth rate ( CAGR ) of 15.5 %. Since our last update , growth rates and revenue estimates have generally increased , with the biggest increases happening in mobile where the growth rate increase is due to faster projected growth in mobile betting and gaming .
70 %
60 %
50 %
40 %
30 %
20 %
10 %
0
7.2 % 7.3 % 7.1 % 7.0 % 7.9 %
10.2 %
2003 2004
2005 2006
2007
2008
10.8 % 11.8 %
14.4 % 18.2 %
142 • ISSUE 135 • ICE LONDON 2024
22.9 %
2009 2010
2011 2012
2013 2014
2015 2016
2017
28.0 %
30.7 % 33.4 % 34.6 %
36.7 %
38.8 % 40.7 % 41.9 %
44.0 % 46.1 %
2018 2019
2020 2021
2022 2023E
2024E 2025E
2026E 2027E
2028E
48.0 % 49.7 %
51.8 % 53.8 %
55.7 %
Mobile ’ s share of global igaming gross win continues to grow and is expected to be 46.1 % in 2023 . The mobile share of the market is projected to continue growing and reach 55.7 % in 2028 , with no signs of slowing down .