Sunday, May 31, 2015

Mobile gaming market in India to cross $571 million by 2016: Study

NEW DELHI: The Indian mobile gaming market, one of the fastest expanding markets in the world, is expected to grow to USD 571.6 million by 2016, said a research by Newzoo and OneSky.





"The Indian mobile gaming market will grow to USD 571.6 million by 2016 at 134.5 per cent compounded annual growth rate (CAGR) between 2013-2016 (from about USD 44.3 million in 2013)," Newzoo-OneSky estimated.

At this rate of growth, India will continue to be one of the world's fastest growing m .. 

At this rate of growth, India will continue to be one of the world's fastest growing mobile gaming markets, at least in the near future, it added.

"With an year-on-year growth of 132.2 per cent, revenues in India's mobile gaming market have grown more quickly than those in any other BRIC country. In fact, that y-o-y growth is among the highest in the world," the study said.

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