Pokemon Go Witnesses 20% Growth in the Spending by Players During 2020, earns $1 Billion revenue

Pokemon Go became a tremendous hit when it was launched. As per the latest statistics, the spending on the app by players has crossed around $1 billion on the app. The overall spending by players on Pokemon Go game saw a rise to about 20% as compared to the last year.

Niantic was the company responsible for launching the augmented reality app. During the COVID-19 pandemic, the company released new updates related to the game that includes :

- New Residences
- Virtual Battles
- Discounted ‘Incense’

The year 2020 has achieved record-breaking growth for the mobile gaming world. The mobile gaming industry has seen a 13% growth as compared to the last year.

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