Sensor Tower has revised its projections for mobile game spending in Europe, now estimating that user spending on games will reach $12.1 billion by 2022 -- up from $7.5 billion in 2019.
This is $800 million less than the firm's previous forecast, with the drop attributed to impacts of COVID-19.
Currently, the overall revenue share for the games category across both iOS and Android is 66%, though Sensor Tower expects this to drop to 58% by 2022. Previously, the firm had predicted a drop to 55% by then.
Currently, games make up 54% of the revenue share on the App Store in Europe and are expected to drop to 44% by 2022, while on Google Play they make up 81% of the revenue share and are expected to drop to 75% by the same year.
This is also a slight revision of previous forecasts, which predicted the shares on each store by 2022 to be 39% and 73%, respectively.
Additionally, games are expected to drive 13.7 billion installs across Europe in 2022, which would be up 31% from 2019.
Sensor Tower's previous forecast was 12.4 billion installs by 2022.