Tag: mobile game technology

Kapitall documents the rise of mobile gaming

Mobile Gaming growthKapitall analysis highlights the growth of mobile gaming over the years

Mobile gaming may soon become the dominating force in the game industry. Kapitall, an online investment platform, has been tracking the decline of traditional console gaming and the sale of physical gaming products. As sales continue to drop, they are being replaced by sales made through digital platforms, such a Steam and Gamestop. Game developers that focus solely on mobile gaming, such as Glue Mobile and Zynga, are also seeing significant gains as traditional platforms begin to wane.

Retails sales dropping off for consoles and games

According to Kapitall, retail game sales have dropped by 25% year-to-date, while console sales have plummeted by 30% year over year. A volatile economic climate is to blame to some degree, but so too is the retail price of most video games, which can range from $30 to $60, depending on the publisher of the game. Mobile gaming is faring much better, largely due to the fact that most mobile games are very inexpensive, with many being completely free.

Mobile gaming accounts for only a fraction of the entire market

Despite the strong advent of mobile gaming, however, mobile games account for only a fraction of the overall market. Digital downloads of games developed for consoles and PCs are strong and continue to gain momentum as more consumers show favor for online shopping over traditional forms of commerce. For these people, online shopping is simply more convenient and does not actually mean they are spending less on games, only that they do not have to pick them up from a physical store.

Gamers still willing to shell out money for console and PC games

Kapitall notes that gamers are not likely to abandon consoles in favor of mobile gaming. Mobile games typically offer a very shallow, linear experience that is designed around repetition rather than in-depth gameplay. As such, titles from companies like Electronic Arts, THQ, and Ubisoft are likely to continue selling well, even if those sales are not actually physical.

Kamcord wins strong financial backing

kamcord wins financial backingKamcord aims to revolutionize mobile gaming

Being able to record and share gameplay, especially from a mobile device, is a very alluring concept to a large number of gamers. Sites like YouTube, Twitch, and Own3d offer users the ability to stream their gameplay sessions, which can be seen by thousands of game enthusiasts around the world. The ability to record and share gameplay has been largely absent from the mobile space until very recently. Kamcord, a company that specializes in recording mobile gaming,  has managed to bring new services to gamers that have been eager to record their gaming session on their favorite mobile devices.

Mobile gaming continues to dominate the game industry

Mobile gaming has become a major part of the game industry. The high penetration of mobile devices, such as smart phones and tablets, has provided game and application developers with a promising opportunity to engage a huge number of consumers around the world. Streaming services have established a strong foothold with gamers, many of whom have shown intense interest and support for mobile gaming.

Kamcord received $1.5 million in funding

Kamcord has announced that it has raised a total of $1.5 million in seed funding that will help it further enhance its mobile gaming recording services. Earlier this year, Kamcord introduced its mobile game recording SDK to developers, which was well received. Backed by new funding, the company is keen to continue developing innovative services and platforms for those interested in recording their mobile gaming experiences.

Funding may help Kamcord move into Android platform

The funding that Kamcord received comes from Google Ventures, Tencent, Yahoo CEO Marissa Mayer, Reddit co-founder Alexis Ohanian, and Andreessen Horowitz. The money may help Kamcord tackle the Android platform, which it has avoided thus far. Kamcord is comprised of a small team, which has limited the company’s focus on the iOS platform. Kamcord has interest in entering the Android space in the future in order to provide better services to a wider range of gamers.