The Philippines gaming market size reached USD 4,822.00 Million in 2024. The market is projected to reach USD 9,874.67 Million by 2033, exhibiting a growth rate (CAGR) of 8.29% during 2025-2033. The market is propelled by the growing adoption of smartphones and internet penetration, which is enabling increased access to platforms for gaming. Besides this, growth in esports and the widespread appeal of mobile games also drive market demand, especially among youth. Further, government backing for digital industries, coupled with the presence of global game developers, supports a favorable environment for market innovations, which is further augmenting the Philippines gaming market share.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 4,822.00 Million |
Market Forecast in 2033 | USD 9,874.67 Million |
Market Growth Rate 2025-2033 | 8.29% |
Growth of Mobile Gaming
The Philippines has witnessed a great movement towards mobile gaming due to the popularity of smartphones and affordable data plans. Mobile games now lead the way in gaming as they appeal to a diverse range of consumers, from casual gamers to hardcore gamers. As per industry reports, the smartphone market in the country recorded a 6.1% year-over-year (YoY) growth, with almost 18 million units sold in 2024. Smartphone growth directly aids the development of mobile gaming in the nation as more Filipinos have devices that can support quality games. Moreover, the Philippines has a large youth population, with 30 million people aged 10-24 composing 28% of the population. This youth group constitutes an important target market for mobile games since this segment often attracts to wide variety of mobile games. Furthermore, mobile gaming's convenience, offering games that can be played anywhere and anytime, appeals to the busy lifestyles of many Filipinos. Moreover, the popularity of mobile gaming is also fueled by the increasing number of social media sites, where players can participate in multiplayer modes, share information, and communicate with other enthusiasts. While the gaming market continues to grow, mobile gaming will continue to be a driving force in the Philippines, propelled by growing smartphone penetration and the creation of excellent-quality mobile games designed to appeal to local tastes.
Digital Payment Systems and In-Game Transactions
Digital payment solutions play a pivotal role in the market, facilitating the ease of in-game purchases and microtransactions. According to an industry report, the Philippines digital payments market size reached USD 541.56 Million in 2024. The market is expected to reach USD 1,733.50 Million by 2033, exhibiting a growth rate (CAGR) of 13.80% during 2025-2033. The rise in digital payments will further support the Philippines gaming market growth. Besides, the growing usage of mobile wallets like GCash and PayMaya has simplified how gamers can purchase premium content and virtual items, thus improving their gaming experience. Moreover, online payment convenience leads to more gamers spending on in-game items such as skins, character level-ups, and battle passes, which have become a staple in the monetization scheme of many hit games. With the growing mobile gaming and digital payments, Filipinos now have access to and can play a variety of international games that provide varied in-game purchases. This has led to increased expenditure on the gaming platform, especially among the youth sectors. Aside from this, creating secure payment gateways has also enhanced consumer trust, with players being inclined to make return purchases. As the trend of digital payments proceeds, it will further increase the financial growth and sustainability of the gaming market.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on device type, platform, revenue type, type, and age group.
Device Type Insights:
The report has provided a detailed breakup and analysis of the market based on the device type. This includes consoles, mobile and tablets, and computers.
Platform Insights:
A detailed breakup and analysis of the market based on the platform have also been provided in the report. This includes online and offline.
Revenue Type Insights:
The report has provided a detailed breakup and analysis of the market based on the revenue type. This includes in-game purchases, game purchase, and advertising.
Type Insights:
A detailed breakup and analysis of the market based on the type also been provided in the report. This includes adventure/role playing games, puzzles, social games, strategy, stimulation, and others.
Age Group Insights:
The report has provided a detailed breakup and analysis of the market based on the age group. This includes adults and children.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Luzon, Visayas, and Mindanao.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Device Types Covered | Consoles, Mobiles and Tablets, Computers |
Platforms Covered | Online, Offline |
Revenue Types Covered | In-Game Purchase, Game Purchase, Advertising |
Types Covered | Adventure/Role Playing Games, Puzzles, Social Games, Strategy, Stimulation, Others |
Age Groups Covered | Adults, Children |
Regions Covered | Luzon, Visayas, Mindanao |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |