News / Science & Technology

Mobile Games Becoming Multi-Billion-Dollar Industry

Mobile Games Becoming Multi-Billion-Dollar Industryi
X
George Putic
June 09, 2014 5:22 PM
The proliferation of mobile devices is prompting a rapid rise of the mobile gaming industry, whose revenue for 2014 could top $11 billion. This week's Electronic Entertainment Exhibition in Los Angeles provides an opportunity for gamers and developers to showcase and test their products. VOA’s George Putic reports.
George Putic
This week’s annual Electronic Entertainment Exhibition offers an opportunity for gamers and developers to showcase and test their products. E3, running through Thursday in Los Angeles, also offers an occasion on which to gauge the strength of the rapidly growing mobile-gaming market.
 
Here’s a good measure: Revenue for the mobile-gaming niche is expected to reach $11.4 billion in 2014, up from $5.6 billion in 2009, according to Statista Inc., a statistics company based in New York, N.Y.
 
Firms that develop games for mobile devices can make huge profits, said Marcos Sanchez, a vice president and spokesman for App Annie, a business intelligence firm with offices in San Francisco and Beijing.
 
"One company alone … is actually pulling in over a billion in revenues," said Sanchez, who did not identify that firm. "So gaming, from the mobile-app perspective, is a pretty serious thing and there's some pretty serious revenues associated with it."
 
Mobile technology is just the latest part of the computer gaming industry’s relatively rapid evolution.  
 
Early computers were too slow to process the enormous quantity of data needed for realistic pictures, sound and special effects. As the processors became faster and cheaper, manufacturers saw the potential for a large market and developed dedicated game consoles.

Upstarts vs. big names
 
Now, fast smartphones and other mobile devices are chipping away at the market share of other gaming platforms, and upstart companies are challenging more prominent, established firms.
 
"The video games are not just about the console anymore," said Yoshio Osaki, senior vice president of the International Development Group, a research firm in San Francisco. "And you see a lot of cross-pollination and hybridization."
 
Major corporations such as Sony, Microsoft and Nintendo have newer challengers, he said, citing Wargaming.net and its "League of Legends" play and mobile companies such as King Digital Entertainment with its "Candy Crush Saga" and Supercell with its "Clash of Clans" strategy game.
 
Many of the gaming companies rely on their devoted gamers for fresh ideas.
 
Michael Sayman’s commitment to gaming led to his recently becoming Facebook’s youngest employee. The 17-year-old Peruvian "will be working on a system called Parse, which is part of Facebook and works with many [connecting] applications," he told Voice of America’s Spanish service.
 
Parse software is designed to help others develop even more apps for mobile devices.

You May Like

Obama: I Will Do 'Everything I Can' to Close Guantanamo

US president says prison continues 'to inspire jihadists and extremists around the world' More

Sierra Leone Educates on Safe Ebola Burials

Also, country is improving at rapid response to isolated outbreaks, but health workers need to be even faster, officials say More

Religion Aside, Christmas Gains Popularity in Communist Vietnam

Increasingly wealthy Vietnamese embrace holiday due to its non-religious glamor, commercial appeal More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
US Decision on Cuba Underscores Divisions Among Miami Cubansi
X
Sharon Behn
December 19, 2014 9:34 PM
For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video US Decision on Cuba Underscores Divisions Among Miami Cubans

For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video Three Cities Bid for Future Obama Presidential Library

President Barack Obama still has two years left in his term in office, but the effort to establish his post-presidential library is already underway. The bid for the Obama Presidential Library is down to four locations in three states -- New York, Hawaii, and Illinois. As VOA’s Kane Farabaugh reports, each of them played an important part in the president’s life before he reached the White House.
Video

Video Cuba Deal is Major Victory for Pope’s Diplomatic Initiatives

Pope Francis played a key role in brokering the US-Cuba deal that was made public earlier this week. It is the most stunning success so far in a series of peacemaking efforts by the pontiff. VOA religion reporter Jerome Socolovsky has more.
Video

Video Fears of More Political Gridlock in 2015

2014 proved to be a difficult year politically for President Barack Obama and a very good year for the U.S. Republican Party. Republican gains in the November midterm elections gave them control of the Senate and House of Representatives for the next two years -- setting the stage for more confrontation and gridlock in the final two years of the Obama presidency. VOA National Correspondent Jim Malone has a preview from Washington.
Video

Video Sudan School Becomes Target of Aerial Attacks

The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video VOA Reporter Tours Devastated Peshawar School

Islamist militants wearing military uniforms and strapped with explosives attacked a military run school Tuesday in the northwestern Pakistani city of Peshawar. At least 141 people were killed in the horrific attack, most of them young students. VOA reporter Ayaz Gul visited the devastated school and attended the funeral of the principal who courageously tried to save her students from the deadly attack.
Video

Video Nigerians Fleeing Boko Haram Languish in Camp Near Capital

In its five-year effort to impose Islamic law in northeastern Nigeria, the Boko Haram extremist group has killed thousands of people and forced hundreds of thousands to flee. Some of those who ran for their lives now live in squalor on the edges of the capital, Abuja. Chris Stein reports for VOA.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.

All About America

AppleAndroid