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China’s Mobile Phone Gaming Market Valued at US$714 Mln by 2008
July 29th, 2005
China’s mobile phone gaming market is forecasted to be worth RMB 5.8 billion (US$714 million) by 2008, increasing by seven times from its 2004 value, according to market research firm Analysys.
The mobile gaming market is projected to expand with the introduction of 3G mobile technology in China.
China’s has over 363 million mobile phone users, according to statistics released at the end of June by the Ministry of Information Industry (MII).
The rapid development of online gaming is also a driving factor leading to the rising popularity of mobile phone gaming.
This is great news – there’s been a lot of interest from China looking to distribute content from western counterparts recently – long may it continue!.
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