Mobile gaming a $28.9 billion market by 2016



Mobile game revenue will grow by 38 per cent over the next two years as games developers change focus in order to tap into a market that is set to be worth some $28.9 billion.

The figures are part of a Juniper Research report entitled “Mobile & Handheld Games: Discover, Monetise, Advertise 2014-2019” that stated developers are zeroing in on increasing user lifetime value.

Related: The truth about apps: users are rich

“Under the new strategy, which brings mobile analytics to the fore, developers are increasing lifetime value through analysing, [re]engaging and monetising users, allowing for higher overall returns on investment,” read a release accompanying the report.

Tablet users are set to spend more on in-game purchases and generate more revenue per device than smartphone owners due to the enhanced performance and graphical capabilities the larger devices have. This means that consumers using traditional portable gaming devices are being persuaded to move over to tablets at a faster rate than before.

This being the case there will still be a “niche gaming audience” that, according to Juniper, will continue to buy gaming devices and services like PlayStation Now to help let the niche experience gaming across mobile devices.

There were various other findings published in the paper that include the fact that rising disposable income levels combined with high smartphone adoption will result in increased in-game purchasing levels in Latin America, Eastern Europe and Southeast Asia.

Related: Apple bans harmful chemicals from use in iPhone manufacturing

Over the two-year forecast period the report found that interactive entertainment will continue to place an emphasis on convenience, accessibility and online streaming. Plus it’s predicted that with app stores remaining the primary content discovery location, storefront optimisation will continue to play a key role in advertising apps.

With this in mind Google and Apple are already reportedly offering top-level game makers the chance to be prominently featured on the respective app stores as long as they hand over exclusivity rights for a certain period.

 




More

Debate: “Will the IBM/Apple partnership lead to a merger between the two companies?”

TGDaily and 1World have brought together Rob and Mary Enderle, two true Tech Gurus, to debate the possibility of a merger between the two tech giants. Watch the debate unfold below and make sure you vote for the debater you agree with most regarding the possibility of a merger.

11 days until Apple’s event: TGDaily unveils exclusive new tech specifications!

Still no clues from Apple but that’s not stopping us from reporting about the upcoming media event.

How fast can you clone an app?

Earlier this week Microsoft announced they were removing 1,500 junk apps from the Windows Store because they were misleading, fraudulent or simple knock-offs of other apps.