Tag: mobile games news

Mobile games spell major success for GungHo Online

| February 21, 2013

Mobile Games SuccessGungHo Online sees major revenue spike  through mobile games

GungHo Online Entertainment, a Japanese game publisher, recently acquired Grasshopper Manufacture, an innovating game developer that has a strong focus on mobile games. Since the acquisition, GungHo Online has been seeing significant increases in its revenues, largely due to the popularity of mobile games in the Japanese market. Japan has long been on the cutting edge when it comes to technology and gaming, so it is no surprise that Japanese consumers have been adopting mobile technology en masse. This widespread adoption has given consumers access to a vast assortment of mobile games, but consumers have shown strong interest in a particular game that is netting GungHo Online a great deal of revenue.

Financial report notes GungHo Online pulling in $65 million in monthly revenue

GungHo Online recently released its latest financial report, which suggested that one of its mobile games is bringing in a proverbial fortune on a regular basis. The report highlights Puzzle & Dragons, which was developed by Grasshopper Manufacture. Game industry analysts claim that this single mobile game is bringing in more than $65 million on a monthly basis due to popular in-game purchases and advertising. The game is only a year old, having been released in February 2012, and boasts of more than 8 million users.

Company claims growth has yet to slow

The success of the company’s mobile games have lead to a spike in profits. GungHo Online saw its sales grow by more than 168% in 2012, with operating profits climbing a staggering 690% during the same period. GungHo notes that it is still see aggressive growth in mobile games. In January 2013 alone, the company reported that sales had reached $91 million, growing by 1,022% from what they had been in 2012.

Mobile games beginning to dominate the game industry

Mobile games continue to prove that they have become a very lucrative market for the game industry. These games had once been considered a marginal sector of the game industry that would never serve as more than a gimmick for consumers. Due to strategic in-game transactions and advertising, however, mobile games have become a very influential part of the game industry as a whole, with many developers that have long been focused on consoles now making the transition to become more mobile-oriented.

Mobile games on the rise worldwide

| February 18, 2013

mobile games around the worldReport provides insight on the growth of mobile games around the world

Newzoo, a market research firm, has released a new report concerning the growth of mobile games throughout the world. Mobile gaming has become a very popular pastime for many consumers as well as a very influential force within the game industry. Consumers have shown their favor for mobile games because of their accessibility and ease of use, while game developers have taken a strong interest in mobile platforms because financial opportunities and the prospect of reaching a massive audience.

Mobile games market growth 33% in 2012

According to the report from Newzoo, there are now more than 500 million mobile gamers throughout the world. Together, these consumers have spent a total of $9 billion throughout 2012, growing the mobile games market by 33% over what it had been in 2011. Newzoo predicts that the market will continue to grow in the coming years due to the growing number of people purchasing smart phones and tablets.

Free-to-play games are most popular among consumers

The report notes that free games are, by far, the most popular among consumers. While free-to-play games have strong support, these mobile games do have monetization systems in place that can generate profit for their developers. Most free-to-play games offer special services or features that players have to pay for in order to access. In most cases, these features are not necessary to enjoy the game, but consumers tend to purchase these features anyway. These paid features, as well as in-game advertisements, provide developers with considerable profit despite the fact that their games are free-to-play.

Mobile payments revolve around gaming

Newzoo notes that the United Kingdom boasts of the highest number of consumers willing to pay money on mobile games, whether they are free-to-play or not. The U.S. has seen the most growth in the number of mobile gamers there are and U.S. gamers tend to spend more time on their mobile devices, according to the report. The report also notes that approximately 66% of all money spent through a mobile device goes toward gaming.