Posted: April 2nd, 2010.
In a study published late last year, Analysys International projected the revenues from the Chinese gaming industry to be around $3.8 billion in 2009 and growing up to $10.7 billion by 2012. However, these appear to be painting a much rosier picture than what could actually be.
In its recent publication, Niko Partners claims that the gaming industry in China only brought in $3.57 billion in 2009. The firm had projected a revenue of $3.65 billion for this year. Here are the projections made by Niko partners
2010 : $4.5 billion
2014 : $9.2 billion ( CAGR of 20.9% )
Number of gamers
2009 : 68 million
2014 : 141 million (CAGR of 15.5%)
Here are other interesting stats from the report
88% of the respondents claimed to have played casual web games on Social Networking sites
65% of the gamers partly use internet cafes