Friday, May 24, 2013

Newzoo Announces New Report: Global Games Market to Grow 6% to $70.4bn in 2013

Newzoo Announces New Report: Global Games Market to Grow 6% to $70.4bn in 2013:
According to Newzoo’s 2013 Global Games Market Report, game revenues will grow to $70.4 billion worldwide this year, representing a  6% year-on-year increase. The number of gamers is expected to surpass 1.2 billion by the end of the year. Regional growth in game spending is highest in Latin America and the Asia-Pacific region: 11%. North America and Europe will show very modest growth. The market for smartphone and tablet games will grow 35% to $12.3bn, easily outpacing any other segment.  In terms of game spending per screen, the PC grosses the largest share with 39% or $27.6bn.