The Chinese mobile market is on the rise

According to the China Game Industry Report 2012, mobile games became the fastest-growing segment of the gaming market in China last year.

The total revenue of the Chinese game industry in 2012 amounted to $9.7 billion (a 35% year-over-year growth). The largest market share (94.5%) is for online games, while console boxed products account for only 0.1%. As for mobile games, they hold 5.4% of the market or $500 million, which is 91% more than the previous year.

According to predictions by analysts from the Beijing-based company iResearch, the positive trend in the mobile gaming sector will continue this year. They forecast that the market volume will reach around $850 million.