The global games market is forecast to grow 8.5 percent to an estimated USD 99.6 billion in 2016, according to Newzoo’s latest report. For the first time, mobile gaming will take a larger share than PC, at USD 36.9 billion, up 21.3 percent.
APAC continues to dominate worldwide, accounting for 46.6 percent of the market and up 10.7 percent on 2015. China alone accounts for one-quarter of all global game revenues, followed by the US with USD 23.5 billion. North America is expected to grow 4.1 percent to USD 25.4 billion, EMEA 7 percent to USD 23.5 billion and Latin America 20.1 percent to USD 4.1 billion.
The research company expects the global games market to grow at a CAGR of over 6.6 percent to reach USD 118.6 billion in 2019. Within the total, the mobile games segment is expected to rise from USD 36.9 billion in 2016 to USD 52.5 billion in 2019.
According to the study, revenue from gaming on computer screens will grow by an estimated 2.1 percent to USD 31.9 billion this year, for a 32 percent share. This includes PC/MMO games up 4.2 percent to USD 26.7 billion and casual web games down 7.5 percent to USD 5.2 billion.
Gaming on TVs (“entertainment screens”) is expected to grow 4.5 percent to USD 29 billion for a 29 percent market share. Gaming revenues on mobiles and tablets (“floating screens”) are envisaged to grow 6.4 percent to USD 11.6 billion, including tablet games up 15.1 percent to USD 9.8 billion and handheld games down 24.1 percent to USD 1.8 billion.
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