Appfigures publishes data on mobile gaming in 2024

According to new data from Appfigures (via Bloomberg,) mobile game spending hit new highs in 2024, even though downloads and new game releases saw a steep decline.

Spending hits new highs, but fewer games break through

The report reveals that spending on mobile games rose 4% to $65.7 billion last year. However, just $3.9 billion of the total amount came from titles actually released in 2024.

While new games hit their first million in revenue faster than ever, taking 106 days on…