Online Games Compete with Consoles, Business and Industry Trends Analysis

  Game playing on smartphones is creating intense competition to dedicated game consoles.  The incredibly popular iPhone and Android-based phones are fueling the market.  Many of the most popular apps downloaded for use on smartphones are games. Typically, mobile video games are introduced as “freemium” titles which are free of charge to users, but are supported by virtual goods sales relating to the games.  NPD reported that 40% of gamers who downloaded an upgradable freemium game made an in-game purchase. The trend is for gamers to shift from game cartridges or discs to downloads.  The next progression is to stream…

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