R E L A T E D   C O N T E N T
ADVERTISEMENT

Game on for broadband cyber-loafing

Analyst predicts huge leap in revenues from downloadable games as more users get faster connections

Robert Jaques, vnunet.com 03 Oct 2003
ADVERTISEMENT

Revenues from downloadable games in the US will leap from $52.7m this year to $760m in 2007, according to analyst IDC.

Broadband is key to the surge in interest, along with more refined business models from games firms.

Schelley Olhava, interactive consumer services programme manager at IDC, said in a statement: "After years of experimentation and evolution, the online PC gaming industry is closer than ever to reaching substantial and ongoing profits.

"From serious gamers playing role-playing games, such as Everquest and Ultima Online, to casual gamers playing pool or poker and everything in between, gaming has become a viable and mainstream online entertainment activity."

IDC's study reported that the downloadable gaming model can be very profitable, quickly creating a lucrative income stream.

But the analyst warned that the market may reach saturation very quickly.

See also:

Bill GatesMicrosoft boss gazes into his crystal ball  15 Oct 2003

All Computer Games

Like this story? Spread the news by clicking below:

Post this to Delicious del.icio.us    Post this to Digg Digg this    Post this to reddit reddit!

Permalink for this story

M A R K E T P L A C E
Sponsored links
F E A T U R E D   J O B S
| JAM Recruitment
Software Test Engineer 6 Weeks Contract £ 35 per hour Wiltshire We have an urgent need for a Software Test Engineer. Main Duties: ·Sound understanding of full software lifecycle ·Solid experience in requirements analysis ·Requirements ... more >
| JAM Recruitment
Software Test Engineer 3 Months Contract £35 per hour Wiltshire We have an urgent need for a Software Test Engineer. Main Duties: ·Sound understanding of full software lifecycle ·Solid experience in requirements analysis ·Requirements based ... more >
| Aston Carter
Major Investment Bank requires a Business Analyst to work within reference data IT. The reference data IT function is responsible for the three internal systems. One of the systems is a strategic repository for Client ... more >
| JAM Recruitment
Job Ref: CY - 27021979 Package: £25 – 42,000 +Bens Location: YORKSHIRE Job type: Occupational Health Position type: Permanent Hours: Full time Contact name: Mr Colin Youle Contact Company: JAM HUMAN RESOURCES Are you a ... more >
More job opportunities