China’s online game sales expected to grow 38 percent to $3.8 billion this year

China’s online game sales expected to grow 38 percent to $3.8 billion this year

[updated with interview] While sales of console games in the U.S. have stalled, there is no sign of a slowdown in China’s online game market. The country is expected to see online game sales grow 38 percent to $3.8 billion in 2009, up from $2.75 billion last year, according to market researcher Niko Partners.

There are now 58 million game players in China, according to San Jose, Calif.-based Niko. The market is strong because online games… Continue Reading

Updated: Chinese online game market forecast to more than triple in five years

Updated: Chinese online game market forecast to more than triple in five years

[Update: corrected some figures here] China’s online video game market is expanding rapidly, with sales expected to nearly quadruple from $1.7 billion in 2007 to $6 billion in 2012, according to a survey being released Friday by market researcher Niko Partners.

The market is expected to grow 32 percent 47 percent in 2008 to $2.5 billion, while the overall five-year compound annual growth rate through 2012 is expected to be 28 percent. That makes China one… Continue Reading