China’s games industry amassed $9.7 billion in 2012

Tuesday, 8 January 2013 10:22 GMT By Dave Cook

China’s games industry grew 35.1% last year, with combined revenue of $9.7 billion. The country’s latest stats show that online gaming is the leading market-driver, accounting for 90% of the total figure.

Techweb reports that the 2012 China Games Industry Report disclosed China’s online gaming sector alone generated $9.1 billion in 2012, while mobile gaming is yet to explode, generating a meagre – by comparison – $520 million for the year. Given the legal complications regarding consoles in China, the hardware market only amounted to 0.1% of the overall total.

The report predicts total revenue of $21.7 billion by 2017 which suggests a year-on-year rise of 12.4% from now until then. Mobile is set to expand in a significant manner, aping its success on Western borders, thanks in large part to Apple and Android’s growing popularity in the region.

Thanks GI.biz.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Latest