Following the recent release of estimates for 2013 global games market revenues , Newzoo has now shared its view on global growth towards 2016. According to The 2013 Global Games Market Report, game revenues will grow at a compound annual growth rate (CAGR) of 6.7% to $86.1 billion by 2016. The number of gamers worldwide will rise from 1.21 billion this year to 1.55 billion. Mobile gaming will grow at an average annual rate of 19% for smartphones and 48% for tablets, grossing $13.9bn and $10.0bn in 2016 respectively. Combined, they will take a 27.8% share of the global market, up almost ten percent points compared to this year. Primarily fuelled by a global CAGR of 10.4% for MMO games on PC, the computer screen will continue to lead other screens with a market share of 35.8% totalling $30.9bn in 2016. Nextgen consoles and alternative distribution of games to TV will help to consolidate revenues through the TV screen at a global growth rate of 3.5%. The Asia-Pacific region will strengthen its leading position with a 37.9% market share by 2016 as emerging markets drive global growth. ~lp~
Posted on: Fri, 07 Jun 2013 23:35:44 +0000
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