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China Online Gaming Market Analysis--ChinaCCM adds new report
By ChinaCCM.com
Dated: Jun 10, 2009
The online gaming market has emerged as the most dynamic and transforming segment of the overall
gaming industry in China. It has been witnessing a series of developments driven by increasing Internet
and broadband penetration...
Summary
The online gaming market has emerged as the most dynamic and transforming segment of the overall
gaming industry in China. It has been witnessing a series of developments driven by increasing Internet and
broadband penetration, double-digit growth in the number of online gaming users, rapid product
development and commercialization.
As per our research "China Online Gaming Market Analysis" there has been an insignificant impact of the
global slowdown on the industry. The market revenue grew (YOY) at a phenomenal 1700% (approx.)
during 2002-2008, with the total revenue surpassing Yuan 18 Billion (US$ 2.65 Billion) by 2008.
Domestic companies account for majority of the online gaming market in China. These homegrown
companies have been witnessing rapid growth in their overall revenue as compared to their foreign
counterparts. During 2008, revenues generated by domestic companies grew by close to 60% against the
65% growth attained by foreign companies.
With such strong fundamentals, we anticipate that the online gaming market revenue will more than double
by 2013. The future growth will be driven by homegrown companies which will continue to account for
nearly 70% of the industry revenue. We expect a short wave of consolidation in the industry after 2013
when large entities will buyout small companies in order to strengthen their market position.
The research will help consultants, industry analysts and vendors to get in-depth knowledge on the current,
past and future performance of the industry. The future outlook mentioned in report has been derived by
interacting with various industry veterans, developers, analyzing info