Tuesday, April 12, 2011
China?s Online Game Market Surges; Set To Top $8 Billion By 2014
China's got game. A lot of game. In fact, the Eastern power is rapidly becoming the world's leader in the online games market. According to a study released by business and consulting firm Pearl Research, the online games market in China will exceed $8 billion by 2014. Though the Chinese gaming market experienced somewhat sluggish growth in the first part of 2010, by year's end it had rebounded to 25 percent overall growth, reaching $5 billion in sales. Thus, it seems that it is no longer even remotely outlandish to predict that China will make up a quarter of the industry's total global sales by 2014, with the U.S. falling to 22 percent, as forecasted by The Financial Times, via investment bank Digi-Capital in February.