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Freemium Games Prove Successful As 82% of Gamers Made In-Game Purchases

Apr 14,25(2 months ago)
Freemium Games Prove Successful As 82% of Gamers Made In-Game Purchases

Freemium Games Prove Successful As 82% of Gamers Made In-Game Purchases

A recent collaboration between Comscore, a leading media and analytics firm, and Anzu, a prominent in-game advertising company, has unveiled a comprehensive report titled "Comscore's 2024 State of Gaming Report." This document offers an in-depth analysis of the behaviors, preferences, and spending habits of US gamers, as well as current trends shaping the gaming industry.

Majority of US Gamers Fine with Shelling Out Extra Money on In-Game Purchases

Freemium Games Become Increasingly Popular

Freemium Games Prove Successful As 82% of Gamers Made In-Game Purchases

Image (c) Research Gate

The report reveals that a striking 82% of US gamers engaged in in-game purchases within freemium games over the past year. Freemium games, a blend of "free" and "premium," allow players to download and play the game at no cost, while offering optional in-app purchases for enhanced features and benefits, such as additional coins, health boosts, and exclusive items. Notable examples of freemium games include miHoYo's global sensation Genshin Impact and Riot Games' League of Legends.

The freemium model has gained significant traction, particularly within the mobile gaming sector. A pioneer in this space, Nexon Korea’s MMORPG Maplestory, which debuted in North America in 2005, was among the first to introduce the concept of purchasing virtual items like pets and rare weapons with real money—a practice that has since been widely adopted by developers and online retailers.

Freemium Games Prove Successful As 82% of Gamers Made In-Game Purchases

Game developers and online platforms such as Google, Apple, and Microsoft have reaped substantial benefits as freemium games continue to flourish. Research conducted by Corvinus University underscores that the allure of freemium games stems from a mix of factors including utility, self-indulgence, social interaction, and competitive elements. These aspects encourage players to spend on in-game purchases to enrich their gaming experience, unlock fresh content, or bypass ads.

Steve Bagdasarian, Chief Commercial Officer at Comscore, emphasized the significance of the findings, stating, "Our 2024 State of Gaming Report highlights the cultural significance of gaming and the vital role of gamer behavior for brands looking to tap into this dynamic and engaged audience."

In February, Katsuhiro Harada, the mastermind behind Tekken, shared insights on in-game purchases as they introduced paid items in Tekken 8. Harada noted that, given the escalating costs of game development, the revenue generated from these transactions directly supports Tekken 8's development budget.

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