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]