Powered by social networks and mobiles, Chinese video games are set to topple America’s lead as the world’s largest gaming market, according to research by Digi-Capital, a boutique investment bank.
Its new report predicts that revenue from online and mobile games will grow from a third to a half of the industry’s total revenues, at around $44bn, by 2014.
Within that, China is predicted to make up almost half of sales, meaning the Chinese games market will be a quarter of the world’s total by 2014, from around 12 per cent today. Over the same period, the US’s share of the games market will fall from 26 per cent to 22 per cent.
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