Newzoo: the volume of the mobile games market by the end of 2016 will be $36.9 billion

The volume of the gaming segment in mobile will reach $36.9 billion by the end of this year. The forecasts were shared by the analytical company Newzoo.

Last year, Newzoo predicted that the mobile games market would reach $35.5 billion in 2016. The industry is growing even faster than expected, so the forecast had to be adjusted. The company believes that by the end of this year, the volume of the mobile games market will amount to $36.9 billion. This is 21.3% more than in 2015.

Of this amount, $10 billion will account for the share of the Chinese mobile games market, which is 41% more than last year.

We should add that according to the company’s forecasts, the total volume of the gaming market by the end of 2016 will reach $99.6 billion – 8.4% more than in 2015.

Source: VentureBeat

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