Skip to main content

Upside Market Potential for Mobile Gaming

Though still in its infancy, mobile gaming is already a billion dollar industry in the U.S., according to the a market study by In-Stat.

With significant momentum already underway in the U.S. and worldwide, In-Stat believes that mobile gaming will continue to be a key contributor to wireless data usage and revenues, the high-tech market research firm says.

Still, the industry has significant challenges.

"The mobile gaming development industry is highly fragmented due to the wide variety of mobile operating systems, available handsets, and lack of industry standardization," says Jill Meyers, In-Stat analyst.

"This fragmentation has resulted in mobile developers and publishers making the difficult decision of spending finite resources developing games on the platforms they believe will have the best chance of success."

In-Stat's market study found the following:

- Almost 20 percent of game-playing respondents to an In-Stat consumer survey report downloading games from Internet sites other than their mobile carrier's site.

- Of the 2,000 respondents, 29.5 percent reported playing games on their mobile handsets.

- In-Stat predicts the global mobile gaming market will top $6.8 billion by 2013.

Popular posts from this blog

Growing Venture Capital in APAC AI Market

Technology is a compelling catalyst for economic growth across the globe.  Artificial intelligence (AI) rides a seismic wave of transformation in the Asia-Pacific (APAC) region — a market bolstered by bold government initiatives, swelling pools of capital, and vibrant tech ambition. The latest IDC analysis sheds light on this dynamic market. Despite a contraction in deal volumes through 2024, total AI venture funding surged to an impressive $15.4 billion — a signal of the region’s resilience and the maturation of its digital-native businesses (DNBs). Asia-Pacific AI Market Development The APAC AI sector’s funding story is not just about headline numbers but also about how and where investments are shifting. Even as the number of deals slowed, the aggregate value of investments climbed, reflecting a preference among investors for fewer but larger, high-potential bets on mature or highly scalable AI enterprises. The information technology sector led the AI investment charge. Top area...