Game sales aren’t just thriving in the U.S, as there are other markets where it’s clearly picking up.

A new report from Superdata indicates that the game markets in Mexico and Argentina are really making their mark in the industry. Mexico holds a 22 percent share of digital regional revenues, while Argentina is closely behind with 14 percent. As a result, the Latin American gaming market is really picking up steam.

There couldn’t be a better time for it, as, according to the report, Brazil has “entered a cooling period” after seeing growth over the last few years. “The crown jewel of the Latin American market for digital games, the Brazil online games market is forecast to total $1.5 billion in 2014, and will continue its growth to an estimated $1.6 billion by 2017. Still, as the rest of Latin America catches up with more connected devices and engaged gamers, Brazil’s share of the regional market is expected to decline,” noted SuperData. That’s slowing a bit compared to what Mexico and Argentina are doing.

Image courtesy SuperData

The report indicates that there is a “strengthening in the remainder of the region,” although, even with the cooling off, Brazil is still the leader in the game sector. Mobile games and MOBAs (like League of Legends) continue to lead the charge in their own right. The MOBAs by themselves have doubled their market share in Brazil, while mobile sales have reached $606 million in yearly revenues.

“Mobile games are the largest digital games market in Brazil, totaling $606 million in annual revenues. Overall accessibility allow smartphone-based gaming to outpace digital console and subscription-based online gaming. The bulk of potential mobile gamers, however, have already settled into the market as monthly active users show marginal growth,” Superdata also noted.

Although there’s still some catch-up with some of the regions (like Peru and Chile), there’s no question that the overall worth continues to be strong, despite the small drop. It’ll be interesting to see where the Latin America gaming market goes from here.

Source: GamesIndustry International