Quote Originally Posted by PspUpdates
Pearl Research, a San Fransisco based consultation and intelligence firm, have released an interesting article on the future for the Chinese gaming market. They expect that on the current trend, the games market should pass in excess of $760 Million by the end of 2006. The firm also state how the market will continue to grow to an expected $1 Billion mark by 2009. This will be aided by the increase in the economy and spending power on games.

China has a booming economic market which is making many of the middle class affluent, which therefore means they have more disposable income. More and more of this income is being spent on either internet or games, but increasingly so, on both. Pearl Research state that of the $760 Million or so, up to 95% of the growth will be down to the boom shown in online gaming. As things stand, 3% of the total population play games, that's 25 Million people, whereas 9% (111 Million) are involved with the internet. For this reason analysts show that the high number of broadband internet users is fueling the demand for online gaming.

This survey hasn't shown anything unexpected, as it is well known that many companies aim and target their online gaming at China. Nintendo for example brand themselves under the iQue brand, and many think that they are branding the Revolution towards them too, by offering cheap downloadable games, their plan might succeed.
I think that this is pretty cool, especially because in 3 Years it (The Chinese Game Industry) will, according to this article, increase 25% profit of what it is already. This really does prove 1. Gamers are becoming more frequent. This means that it will go from a minority to a large demographic, but hopefully won't die out as fast as those damn hippies. I personally think that if the "gamers" become a large group, game developers will go out on a limb for ground breaking technology in their games and systems. This to me means that we can expect soon to see new games and game styles within the next 10 years. But, it is the chinese market, and as much as i hate to admit it, it does affect american gamers, but only slightly..

On another note, I thought more people used the internet.