Wednesday, June 27, 2007

Mobile Gaming Rev up 50% in 2007

According to the latest analysis by Garter, mobile gaming revenues are set to grow 50% in 2007.

From the article:

As consumer awareness grows and publishers release more content, worldwide mobile gaming end-user revenue will grow from $2.9 billion in 2006 to $9.6 billion in 2011, according to Gartner, Inc. Worldwide mobile gaming revenue is on pace to total $4.3 billion in 2007, a 49.9% increase from 2006.

“Given the ubiquity of mobile phones in many markets and the ease of game-play, mobile gaming is expected to reach more of the global population than has been the case for traditional PC and console gaming,” said Tuong Huy Nguyen, senior research analyst at Gartner. “This will catapult mobile gaming revenue beyond that from mobile TV and adult content, but we still expect it to lag behind mobile music, since music is a more familiar form of entertainment.”

Its interesting to note that this analyst is predicting that mobile gaming will outgrow both console (Xbox, Playstation, etx) and PC gaming. Great news for Movaya and the industry as a whole.

The full article is here.

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