Honor of Kings tops the global revenue charts again in May 2022

According to the data from Sensor Tower, the global game market is shrinking from year to year.
Top Mobile Games Revenue May
SensorTower has released the highest-grossing games of May.

According to data from SensorTower, mobile MOBA Honor of Kings developed by Tencent became the highest-grossing mobile game of May with $268 million in player spending. PUBG: Mobile, the game of the same company, took the second place with $ 206.3 million.

Approximately 95% of Honor of Kings’ revenue came from China, followed by Taiwan with 1.7% and Thailand with the same rate. The game saw a 1.7% increase in revenues year over year. On the other hand, 67% of PUBG: Mobile revenues came from China, where the game was localized under the name Game For Peace, followed by Turkey with 6.4%.

Genshin Impact, developed by miHoYo, continues to decline in income. The game had the second-lowest ever month of player spending on the App Store and Google Play, recorded 20.6% less revenue than the previous year with $99.7 million. The drop is thought to be due to COVID-19 restrictions in Shanghai, where miHoYo is headquartered. Due to these restrictions, miHoYo could not provide essential updates and new events.

May 2022, the global mobile game market experienced a year-on-year decline of 8%. While the player expenditures reached $ 6.8 billion, most of these were made in the USA because Google Play is not used in China. The United States accounted for 28% of worldwide spending, with $1.9 billion in player spending. China followed this rate with 20.4%, while Japan took third place with 17.8%.

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