Are you a diehard fan of PC and console games? If so, it may surprise you to know that your favorite brand of gaming may slowly be going out of style. No, it's not blasphemy. In a recent report, experts are saying that this decline has already begun. Interested in learning more? Keep reading for more information about the rise of mobile gaming. New revenues for mobile gaming are expected to surpass the money generated by the PC and console games in 2006 for the first time. Based on information from research firm NewZoo, games from smartphones and tablets will generate a total of over 36 billion in revenues, or 37% of the total Market, which is expected to to reach almost 100 billion dollars this year.
To put this in perspective, computer games are expected to bring in about 32 billion and console gaming is supposed to generate about 29 billion 30 billion dollars in Revenue. No matter how you slice it, gaming of all times is still hugely popular. The cumulative games market has been growing at 8.5% and will reach almost 100 billion dollars in 2006 and 118 billion dollars in 2019, with mobile game continuing to increase its share of the revenues over the next couple of years.
Is this really a surprise? The past few years has seen mobile growing in popularity. This is largely due to the smartphone's processor and Graphics being drastically improved. Another reason is due to the more sophisticated titles that have been developed for the smaller screens. This new format has attracted not only casual gamers but also those that played on consoles, like the PlayStation 4, and online based games on their computers.
Research from Newzoo indicates that revenues from casual web games are actually going to decline by 7.5% this year. In an effort to keep up, Nintendo has recently made a big push and are attempting to make a transition to the smaller screen. Currently, they are working on a mobile version of their very popular Pokemon franchise as well as a releasing a number of new games this year. But don't count PC gaming out yet. The money made from PC games is expected to rise by 2.1% this year and console Gaming revenue is expected to rise by 4.5%. Thus, although the decline in popularity is surely happening, you won't have to languish about the death of your favorite titles just jet.
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Console makers are also developing strategies that are similar to mobile games, by offering add-ons that for existing titles for consumers to download and exclusive content that can be found on their online stores. It is also rumored that Sony is working on a new version of their popular PlayStation tentatively called the PlayStation Neo.
Another big Focus for a lot of technology companies lately is virtual reality, which is expected to do some exciting things for the gaming industry. Can you imagine putting on your headset and instantly being transported to your favorite casino where you can interact and play with other players? Wouldn't that be spectacular? Still, this format is still in its early days and the money generated in the next coming years is expected to be minimal. What do you think about mobile gaming and it's estimated trajectory? Do you believe that it will actually overtake PC? Share your thoughts in the comments below.