How many people spend money on free to play games?
Among the total sample, 68.6% were past-year F2P gamers, and among the F2P gamers, 26.1% had spent money in the game, indicating that a significant portion of players engage in monetization activities within these games. The average person spends around $23.87 per month on video games, with F2P games generating the most revenue and offering optional paid items and subscriptions for players to earn rewards and support ongoing development.
Understanding Free-to-Play Games
Free-to-play (F2P) games have become increasingly popular, with 68.6% of gamers playing these types of games. But how many people spend money on them?
FAQs
Q1: What percentage of people spend money on in-app purchases?
Only about 5% of players spend money on in-app purchases, with mobile gaming being an industry where $22b out of $50b comes from this small percentage of players.
Q2: How much does the average person spend on games?
The average person spends around $23.87 per month on video games, with this number increasing from $19.94 per month in 2019.
Q3: How do people make money on free-to-play games?
People make money on F2P games through in-app purchases, subscriptions, and advertisements, with some games earning a small amount of revenue from every player.
Q4: Do people spend money on mobile games?
Yes, people spend money on mobile games, with new mobile gamers from the United States spending an average of $17.17 per month on mobile games.
Q5: Why are free-to-play games more popular?
F2P games are more popular because they generate the most revenue and offer optional paid items and subscriptions for players to earn rewards and support ongoing development.
Q6: What free game made the most money?
In 2020, Honor of Kings was the top-grossing F2P title worldwide, grossing more than $2.45 billion.
Q7: Is free-to-play more profitable?
Yes, F2P revenue composes around 80% of total games revenue, making it a highly profitable model for game developers.
Q8: What percentage of people pay for mobile games?
Only about 5% of players spend money on in-app purchases, with the majority of players playing for free.
Q9: Do people spend money on games?
Yes, people spend a lot of money on video games, with the average person spending around $23.87 per month.
Q10: Who spends more money on games?
Females spend more money on mobile games than males, with a recent study showing that females spend 35% more time and money on mobile games.
Q11: Is it illegal to get paid games for free?
Yes, obtaining paid games for free without the consent of the publisher can be considered theft and may be illegal.
Q12: Are free games more profitable than paid games?
Yes, F2P games are more profitable than paid games, with over 78% of game revenue coming from F2P games.
Q13: How to get free games without paying?
There are several websites that offer free games, including Origin, Steam, and Epic Games Store.
Q14: Why do most games cost $60?
Games cost $60 due to consumer expectation and the high cost of development, with developers needing to sell millions of copies to break even.
Q15: How many hours do gamers play a day?
The average gamer plays around 1 hour per day, with US gamers spending the most time playing games.