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China’s mobile gaming industry is poised for huge growth, with revenues predicted to grow at a 51.5% CAGR between 2009 and 2014, reaching $2.5 billion.
According to a new report from Pyramid Research, apart from the growing game download business – the biggest opportunities in China reside in online multiplayer and casual mobile gaming. However, the report author Luis Portela, warns about some obstacles, including expensive data access, not-that-wide 3G coverage area, and limited handset gaming capabilities.
He goes on to add: “3G is expected to contribute significantly to lowering mobile data access costs in a mix of increased competition and a government policy to boost adoption… The arrival of 3G has raised the profile of mobile online games and mobile operators, as well as Internet and gaming players are eager to expand their Internet footprints through mobile access. We expect increased 3G adoption to boost sales of devices with stronger gaming capabilities, including smartphones.”
[Via: CellularNews]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
