Video Games: The $74 Billion Industry
Posted on July 06 2011 by Nathanial Rumphol-Janc
The video game industry is huge, and with every year gone by it only increases in size. As of today, a report was released that revealed the games industry will reel in an estimated $74 billion dollars this year alone. This number is projected to increase to $115 billion a year by 2015.
 
According to principal research analyst Tuong Nguyen:
 
As the popularity of smartphones and tablets continues to expand, gaming will remain a key component in the use of these devices. Mobile games are the most downloaded application category across most application stores. For this reason, mobile gaming will continue to thrive as more consumers expand their use of new and innovative portable connected devices.Not only are more and better games being made, but the gaming audience is growing. With mobile gaming, and Nintendo’s outreach to causal gamers, the industry’s growth is no surprise. The majority of Americans play or have played video games, and with Nintendo’s plans to convert casual gamers into core gamers, and even Microsoft’s expansion to the causal crowd, a more recent survey of American’s gamers will only confirm these suspicions. 
Source: Joystiq.Sorted Under: UncategorizedTagged With: No tags were found for this entry.
