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Chinese Gamers Spent $1.7B on Online Games
This should be a clear indication of just why China has even opened Internet addiction clinics, shouldn't it?
Chinese gamers spent USD 1.7 billion on online games in 2007, up 71 per cent from the prior year, according to market intelligence firm Niko Partners.
The firm expects online revenue to reach USD 2.5 billion this year and USD 6 billion by 2012 - a 29 per cent compound annual growth rate for the five-year period.
"China's spending on games is up thanks to their booming economy," said Lisa Cosmas Hanson, managing partner of Niko Partners.
It is interesting that the same report indicated that consoles - which are banned, are still purchased illegally, with Wii, Xbox 360, PS2 and PS3 sales reaching 2.48 million, a 75% (!) increase from the prior year.
Chinese gamers spent USD 1.7 billion on online games in 2007, up 71 per cent from the prior year, according to market intelligence firm Niko Partners.
The firm expects online revenue to reach USD 2.5 billion this year and USD 6 billion by 2012 - a 29 per cent compound annual growth rate for the five-year period.
"China's spending on games is up thanks to their booming economy," said Lisa Cosmas Hanson, managing partner of Niko Partners.
It is interesting that the same report indicated that consoles - which are banned, are still purchased illegally, with Wii, Xbox 360, PS2 and PS3 sales reaching 2.48 million, a 75% (!) increase from the prior year.
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via: GamesIndustry.biz | News Archive
Comments
Thats impressive..
News:
It is interesting that the same report indicated that consoles - which are banned, are still purchased illegally, with Wii, Xbox 360, PS2 and PS3 sales reaching 2.48 million, a 75% (!) increase from the prior year.
Why are consoles banned in China!?!?!?
Damn, the legend of the infinite Chinese market is coming true. It's not really surprising to see such high numbers. After all, more than half of World of Warcraft players are Chinese.
Illegal home consoles is a little puzzling. I guess the totalitarian government doesn't want any citizen connecting to the internet on their console and talking to Americans who will tell them of the freedom they are missing?
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Copyright © 1999 - 2008 David Altavilla and HotHardware.com, LLC. All rights reserved. Privacy and Terms