Thursday, December 08, 2005

Mobile Gaming Market doubles in value

Screen Digest release a report that says the mobile gaming market has doubled in value over the last 12 months. From

"According to the report, 2005 has seen a tremendous growth in Western markets, now accounting for 52 per cent of mobile download revenues. During 2004, major players Jamdat (US) and Gameloft (EU) accounted for 30 per cent of games download revenues in the US and Europe, while traditional videogame publishers entering the mobile market have faired considerably less well.

Revenues for mobile gaming are expected to reach EURO 1.7 billion by 2010, with over 2 billion games enabled handsets reaching market. The potential for growth in this rapidly emerging area has prompted significant venture capital investment, as more than EURO 425 million has been invested since 1999."

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