Japan's mobile games revenue declined for the third consecutive quarter in Q1 2022

Only the U.S. tops global player spending in the mobile games market.

Japan's mobile games revenue declined for the third consecutive quarter in Q1 2022
Photo by Pandhuya Niking / Unsplash

Japan, ranked as the second-largest mobile games market in the world by revenues, saw its revenue decline year-on-year for the third consecutive quarter in Q1 2022, by 18 percent to $4.2 billion, according to data from Sensor Tower.

The Asian country, which was displaced by the U.S. back in mid-2019, could be experiencing the longer-term impacts of the global pandemic and lockdowns, according to analysts.

Although the U.S. remains the world's largest market for mobile game revenue, surpassing $6 billion in 2021, the market declined by 10 percent year-over-year in Q1 2022.

Meanwhile, Taiwan, the fifth-largest market in the world, saw its mobile game revenues increase by 7 percent year-on-year to almost $700 million during the last quarter.

[Source: Sensor Tower]