Game Daily

Social gaming is one of the fastest growing sectors right now, and there doesn't appear to be any slowdown in sight. According to a new report from Parks Associates, revenues in the social gaming market will increase fivefold to $5 billion between 2010 and 2015. Parks attributes this growth in large part to advertising revenues and sales of virtual items. These two elements were mostly responsible for the over $1 billion in revenues seen in 2010. "Gaming on social networks has q ...read more

Parks Associates today released its new report titled "Networked Gaming: Driving the Future II." In this study, the firm projects that the premium casual gaming market will exceed $1 billion in revenue by 2013. Parks also expects that over 20 million gamers will be engaged in free-to-play MMORPGs by that same date.

"Game companies should use social networks and gamer communities as marketing and distribution channels for their new and existing games," said Stuart Sikes, pres ...read more

Market research firm Parks Associates has released a new report called "Connected Consoles: Games, Media and Beyond," which examines the revenue streams from digital video distribution, downloadable games and content, virtual worlds and avatar-based microtransactions, multiplayer gaming services, and dynamic in-game advertising. Ultimately, Parks believes that the "big three" console makers – Microsoft, Sony and Nintendo – will greatly benefit from the online boom and increasing ...read more