Topic: Free Fire Revenue and Usage Statistics (2023)

Concept of the Project:

This project focuses on conducting a comprehensive analysis of Free Fire’s
revenue generation and data usage statistics for the year 2023. By delving into
in-game purchases, advertising revenue, and player data consumption pattern,
the aim is to gain insights into the financial performance of Free Fire and
understand players behaviour in terms of data usage.
Main objective of this project is:
 Analyse the revenue streams of Free Fire, including in-game purchases,
advertisements, and other monetization avenues.
 Evaluate the impact of new features, events, and updates on revenue
generation.
 Examine player data usage patterns, considering factors such as game
updates, streaming, and social interactions within the game.
 Identify correlations between player engagement, in-game spending, and
data consumption.
Scope of Work:
The project will involve following key components:
Revenue Analysis
 In-depth examination of revenue sources, including in-app purchases, ad
revenue, and partnerships.
 Identification of peak revenue periods and the impact of promotional
events on financial performance.
Data Usage Analysis
 Collection and analysis of player data consumption patterns, considering
factors like updates, streaming, and social interactions.
 Correlation of data usage with specific in-game activities and features.
Data Collection:
Data will be collected from various sources, including in-game analytics,
financial reports, and user engagement metrics. Privacy considerations will be
paramount, and all data collection will adhere to relevant regulations.
https://www.businessofapps.com/data/free-fire-statistics/
https://app.sensortower.com/overview/com.dts.freefireth?country=UShttps://mo
bilemarketingreads.com/garena-free-fire-revenue-and-download-statistics/
Data Analytics software used:
Python & Jupyter Notebook Libraries used:
 NumPy- solve complex mathematical problems
 Pandas-use for data frame manipulation
 Seaborn-to create data visualization
 Matplotlib- to create data visualization
 ipywidgets- Interactive analysis
 sklearn- Implement complex machine learning algorithm
Machine Learning Algorithms used:
 Clustering Analysis
 Logistic Regression
Methodology:
The project will utilize a combination of descriptive and comparative analytic
technique. Statistical analysis and visualization tool will be employed to
identify trends, correlation and anomalies in both revenue and data usage
patterns.
The machine learning algorithm defines the relationship between these input
parameters and certain internally stored prediction parameters and provides a
solution for the output. The values in the database have been converted to a
range system of 0 to 1; the need for conversion to the same range is due to data
incoherence; data were derived from different sources and were therefore
inconsistent, thus requiring specific alterations.
Expected Deliverables:
 Comprehensive report on Free Fire's revenue streams, including detailed
breakdowns of in-game purchases, advertising revenue, and other
monetization strategies.
 Analysis of the impact of key events, updates, and promotions on revenue
generation.
 Insights into player data usage patterns, with a focus on correlations with
in-game activities.
  Recommendations for optimizing revenue generation and improving
player experience based on the findings.
Conclusion:
This project aims to provide valuable insights of Free Fire’s revenue generation
and data usage statistics, fostering informed decision-making for future updates
and features. The finding will contribute to optimizing the game’s financial
performance and enhancing the player’s experience.