India to lead among Asian countries in mobile gaming

In a terms of mobile gaming revenues, it is expected that India will reach $450 million by 2012, according to study revealed by a global technology research firm, Gartner. India is becoming the fastest-growing telecom market in the world.

The study finds out that India is expected to lead among Asian countries in terms of mobile gaming revenues, with the 2007 figure at around $80 million. The mobile game market has outshone the PC and console game market in the emerging territories of Asia largely because of the low penetration of PCs compared with that of mobile devices. The Asia Pacific including Japan represents the largest market for mobile gaming, with end user spending forecast to total $2.3 billion in 2008 and reach $3.4 billion by 2011. According to the Gartner report, worldwide gaming revenue will be $4.5 billion in 2008, which is 16.1 percent increase from 2007. Gartner predicts that mobile gaming revenue will experience a compound annual growth rate of 10.2% between 2007 and 2011, with global end-user spending reaching $6.3 billion in 2011. Analysts said mobile operators and other game providers should build usage by offering game demos or advertising-funded games.

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