Summary
A report released by Statista revealed thatPokemon GOgrossed $566.38 million in 2023, with a supposed revenue drop.Pokemon GOwas released in 2016 and became a huge success by turning players into real-life trainers. Since then,Pokemon GOhas undergone many changes, and even though it’s not the success it once was, Niantic’s game has an active player base and is a prominent name in the mobile games market.
To maintain this relevance, Niantic supportsPokemon GOwith frequent updates to add new features to the game. One example is the game’s Pokedex, which continues to expand, most recentlyaddingScarlet and VioletPokemon. Last year,Pokemon GOreceived anticipated gameplay features like Shadow Raids, the Party Play that lets trainers team up with their friends, and a wave of new events. It’s well known thatPokemon GOworks actively to keep players engaged, but a new report suggests that Niantic’s efforts may not be having the best results.
As reported by Statista,Pokemon GOhad $566.38 million in worldwide revenue last year. According to the chart released by the website,Pokemon GOsaw a significant drop compared to previous years, making Niantic’s game hit its lowest numbers since the $444.75 million generated in 2017. In comparison,Statista reports thatPokemon GOearned$655.24 million in 2022, while2020 was the best year forPokemon GOfinancially, with the game earning $908.94 million.
Report Suggests Decline in Pokemon GO Revenue
Pokemon GO’s drop in revenue came in a year when the augmented reality game made one of its most controversial decisions with theincrease in the price of Remote Passes. Another adjustment that divided the community was the limitation on the use of said passes, which supposedly resulted in a drop in participation in Remote Raids. Introduced in 2020 in the midst of the Coronavirus pandemic, Remote Passes allowed players to continue playingPokemon GOfrom the safety of their homes. Another change made in 2023 that leftPokemon GOplayers frustrated was Niantic raising the price of PokeCoins without prior warning.
Changes in game profits aren’t uncommon, as factors influence the numbers, like inflation and adjustments made by the devs. In the case of Niantic’s game, it’s something that could make players question whether it’sstill worth playingPokemon GOin 2024. Despite the information released by Statista creating a negative image for the game,Pokemon GOis still going around in its eighth year with new content and features to keep its gameplay interesting.
