Thursday, April 27, 2006

China: Interent Cafes lead online games boom to $ 2.1 Bn

GameSpot.com discusses research report by Niko Partners, a research and consultancy firm that focuses on the Chinese gaming market, its findings for 2005 as well as predictions for the future--and it looks rich. The report exceeds even that of analysts' predictions from just last year, when DFC Intelligence projected that China's gaming market would be worth $1.7 billion by 2010. Niko predicts that by 2010, China well be home to a $2.1 billion gaming industry.

According to its findings, the market currently stands at $683 million, and will rise 24 percent per year. The proliferation of Internet cafes and broadband Internet connections in homes is cited as a major factor in China's growth

No comments: