From the Bubble Will Go On department:
Games industry revenues will double over the next five years: Study
A new study by ABI Research predicts a doubling in size of the videogames market by 2011, estimating revenues of USD 65.9 billion and highlighting a rapid increase in online and mobile gaming.
ABI projects 95 per cent year-on-year growth for the online market, including PC online casual gaming, which continues to show positive growth worldwide. Causal games provider PopCap Games and rival RealNetworks have both recently announced European expansion plans to meet the growing desire for quality web-based and connected casual games, and both companies have also expressed ambitions to more comprehensively capture the wireless gaming market - a segment which ABI believes will see substantial worldwide growth over the coming years.
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