The analytics service AppMagic has compiled a top-10 list of the largest mobile game publishers in terms of net IAP revenue in major Western markets* for the first quarter of 2025. As was the case last year, the list is topped by Scopely.
MONOPOLY GO!
According to the service, from January to March, Scopely's games earned $391 million in the specified region. The company's main hit remained MONOPOLY GO! — it alone generated over $305 million.
Although Scopely achieved significant revenue, compared to the previous year, its income in the West dropped significantly. It fell by 48%.
Second place in the ranking was claimed by Turkish company Dream Games, thanks to the success of their puzzle games Royal Match and Royal Kingdom. Their games' net IAP revenue in the West for three months amounted to $318 million, which is 39% more than in the first quarter of 2024.
Rounding out the top-3 is King with $314 million.
AppMagic also highlighted the achievements of Singaporean Funfly (publisher of Last War: Survival) and Chinese Diandian Interactive (publisher of Whiteout Survival). Both companies showed strong year-over-year revenue growth — 223% and 58%, respectively.
Here is the full top-10 list of mobile game publishers by net IAP revenue in the West from January to March 2025:
1. Scopely — $391 million;
2. Dream Games — $318 million;
3. King — $314 million;
4. Playrix — $293 million;
5. Funfly — $242 million;
6. Diandian Interactive — $186 million;
7. Moon Active — $184 million;
8. Roblox — $173 million;
9. Supercell — $165 million;
10. SuperPlay — $159 million.
*The major Western markets according to AppMagic include six countries: the USA, the UK, Canada, Germany, France, and Australia.