The Chinese games industry generated more than $12 billion in the first quarter of 2022. The market continues to grow, with mobile accounting for the vast majority of total revenues.
Gamma Data shared the data in its latest report on the Chinese games industry (via GameLook).
- The Chinese market generated ¥79.4 billion ($12.1 billion) in the first quarter of 2022, which is up 3.17% year-over-year.
- While revenues are still getting bigger, growth slowed down when compared to the first quarter of the last year.
- Mobile games reached ¥60.4 billion ($9.2 billion) in revenue in Q1 2022, which is up 2.72% year-over-year.
- The long-lasting success of titles like Genshin Impact and Fantasy Westward Journey 3D was the main driver for overall growth.
- Tencent-developed Return to Empire, which is a mobile version of Age of Empires launched in China last month, became the second best-selling new game in Q1 2022. It generated over ¥300 million ($45.7 million) during this period.
- Civilization and Conquest took the first spot, reaching over ¥500 million ($76.2 million) in revenue in the first quarter of 2022.