World Mobile Games MarketReport: World Mobile Games Market Doubles in 2005 to Surpass $2 BillionAuthored by Mark Hefflinger on December 8, 2005 - 6:43am.
London - The world mobile games market doubled in value over the past year to surpass $2 billion in revenues, and will be worth $8.3 billion by 2010, according to a report from market research firm Screen Digest. The U.S. and European mobile games markets are beginning to erode the positions of their Asian counterparts, now making up 52% of the total market. The report notes that major game publishers have largely faltered in the space, as U.S.-based Jamdat Mobile and France-based Gameloft together account for 30% of mobile game revenues in the U.S. and Europe, while only THQ Wireless has emerged among major publishers in the mobile games space. The report also noted that over $500 million has been invested in the mobile games market since 1999.
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