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Global Facebook gaming market: $5.6 billion industry forecast by 2018

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Facebook vs. Non-Facebook Social Network Gaming Ecosystem and Market Analysis 2013 - 2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-31 01:27:02
By 2018, the global Facebook gaming market is expected to reach $ 5.6 billion on a 554 million gaming customer base whereas the non-Facebook social networking gaming market is anticipated to represent a global $ 9.6 billion market based on 692 million gamers.The Social casino genre and second-screen gaming on mobile social networks will be key growth driver of the industry. APAC will remain the market leader during the period followed by Latin America & Europe.Social network-based gaming has exploded within the last few years, led by the dramatic rise of Facebook with hundreds of millions of users. Social gaming is increasingly becoming a key focal point within the gaming community due in large part to the higher average revenue per unit through monetization of global social networks, local social networks, mobile social networks, and second screen social gaming.At present, the fragmented nature of the industry is due largely to a lack of industry recognition that the biggest change driver is user consumption preferences rather than the specific games or platforms. We anticipate that the current trend of bite-size game-play will transform to an ecosystem of hard-core social gamers consisting of free-to-play, "freemium", and pure-paid models. Similarly local contents along with niche market approach will be the key monetization and growth factors.

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