Digi-Capital: Games bring 72% of mobile app market revenue
Digi-Capital Investment Bank has presented a report on global investments in the mobile games industry for the second quarter of 2013. In short, mobile platforms are dominating, investments in games are growing.
Digi-Capital notes that in the second quarter of 2013, investments in gaming startups increased to $706 million. The 63% jump compared to 2012 was caused by the growing interest in the mobile games industry. Deals on the purchase and merger of game studios, on the contrary, have become less large-scale and clearly do not keep up with the record $4 billion in 2012. Basically, these are deals to consolidate bankrupt developers of mobile and portable games; 10 of the 20 largest deals were made by Chinese, Japanese or Korean buyers.Digi-Capital Managing Director Tim Merel expects the mobile and online gaming market to grow to $48 billion by 2016.
According to the calculations of companies such as McKinsey, AppAnnie and NPD, games now bring 72% of all revenue from mobile applications and account for 40% of all mobile downloads. The level of monetization of mobile games is four times higher than that of all other categories of mobile applications combined. On iOS and Android devices, mobile games account for approximately 43% of all app accesses, and 67% on tablets.Tim Merel believes that the rapidly growing popularity of the mobile Internet is causing changes in every sector of the technology market.
The total revenue of the mobile Internet by 2025 may reach $ 11.1 trillion, and the income of market leaders increases 10-20 times due to the transition to free-play games.
And finally, Merel suggests that the PlayStation 4 and Xbox One novelties scheduled for the last quarter of 2013 may well improve the situation on the console market, but there is no guarantee. In May, the market fell by 25%, despite the release of the new Wii U game console.
Source: venturebeat.com