NIKO PARTNERS ESTIMATES CHINA’S ONLINE GAME MARKET TO REACH $9.2 BILLION IN 2014
Games via Social Networking Sites and Expanding Infrastructure Extend Growth Through 2014
SAN JOSE, Calif. – March 31, 2010 – Niko Partners, the leading market intelligence firm on China’s video game industry, today announced preliminary results from its upcoming Annual Review & Five-Year Forecast on China’s video game industry, citing $3.57 billion in revenue from online games in 2009. The annual review and forecast on online gaming and Chinese gamers shows strong growth by Chinese online game operators, despite a harsh regulatory environment particularly for foreign games, and a gamer base that has become increasingly discerning about game quality. Niko had forecasted 2009 revenue to reach $3.65 billion. For 2010, the firm predicts that the online game market will reach $4.5 billion and enjoy a healthy CAGR of 20.9% over the next five years with revenue reaching $9.2 billion in 2014.
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and finds that “it certainly is one of the best photo frames in the current market.” However, it “is somewhat noisy when in use” — and I can attest to the buzz from a Sony digital alarm clock I have at home. It is not bad when there’s ambient noise, but when it’s all quiet, the buzz is kind of disconcerting at first, though we don’t hear it anymore now. [I guess people who lives besides train tracks don't hear the trains anymore, too. Not!]
