Mobile Gaming Market to Nearly Double

• Posted: Saturday, January 19, 2008
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• Author: pradhana
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• Filed under: Mobile Content, Mobile Services

The mobile video games market is growing faster than the markets for consoles and handheld video games, according to Understanding & Solutions. Only online games are growing at a faster clip.

“Global revenues from mobile gaming are pegged at $3.6 billion this year,” said David Rouse, analyst at Understanding & Solutions. "We predict this figure to rise to $6 billion by 2011."

The company also said that subscription-based and ad-funded mobile games were growing. Mr. Rouse said that an increasing number of games let players buy additional levels or virtual goods using microtransactions.

Pay per download is still the main money maker for mobile game publishers and distributors. [eMarketer]

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