The Gaming Industry: A Gigantic Growth Market
After the latest forecast by the American market research firm Digi-Capital it has become clear, the games industry is and will remain a huge growth market.
The market research experts confirmed for the past 2015 a total revenue of 90 billion US dollars. They are also forecasting a further growth to 115 billion US dollars by the year 2020. This represents an average growth rate of over 7 percent per year.
The most important segment is mobile gaming (games for smartphones and tablets). Mobile gaming will increase from 35 this year to 35 and in 2020 to 48 billion US Dollars with an average growth rate of 8 percent.
It was further stated that especially Asia as a whole is dominating the games market. Until the end of 2020, Asia will generate more than half of all mobile gaming revenue worldwide.
The aforementioned facts and forecasts underline the strategic direction of GAWOONI. With our special focus on the emerging markets Asia and India and our specialization in mobile and online gaming we are in line with the trend.