Executive Summary
The online gaming industry is set to boom. The increasing awareness of gaming in the developing world promises enormous potential in the coming decade. This boom is driven by various factors including increased PC penetration; growing popularity of MMOG'S and console games, next generation technology in gaming arena and easy availability and affordability of data enabled mobile phones and above all, the enthusiasm of today's youth.
This report starts off with an introduction about the various key markets in the world according to their size and growth potential. The global gaming market is set to double till 2010. The key markets for the gaming industry are US, China, Korea and Japan. India is fast emerging as a key market though it's yet to catch up with developed countries in terms of size and market share. Amongst these Chinese market is growing at the fastest rate of 48% followed by Korea and Japan. US market which was traditionally the biggest market is being increasingly threatened by these Asian giants. The Indian market in particular is set to grow up to 900% of today's size with mobile gaming accounting for a majority of this share.
The report goes on to give a detailed analysis of the Indian Gaming market. In the near future the indian market is expected to grow by 900% with mobile gaming accounting for the bulk of the revenues. Most indian developers are looking at the international market.This trend is so pronounced that most of the big Indian development companies have distribution and marketing partners abroad and 75 to 80% of their turnover comes in from the international market. MMOG has been a big success in all other markets but it is still in its nascent stage in india and lack of PC penetration will hinder the g ...