Number of Mobile Gamers in the U.S. Rises to 101 Million -- Zynga and Glu Mobile Look to Benefit
May 28 2012 - 8:20AM
Marketwired
The growing demand for mobile devices has provided significant
opportunities for the mobile gaming market. Revenues for mobile
gaming are expected to skyrocket from $5 billion to $16 billion in
2016 according to ABI research. The Paragon Report examines
investing opportunities in Mobile Gaming Industry and provides
equity research on Zynga Inc. (NASDAQ: ZNGA) and Glu Mobile Inc.
(NASDAQ: GLUU).
Access to the full company reports can be found at:
www.ParagonReport.com/ZNGA
www.ParagonReport.com/GLUU
According to Newzoo, a market research firm focused purely on
the games industry, the number of U.S. mobile gamers has increased
from 75 million to 101 million. Out of the 101 million 69 percent
play on smartphones and 21 percent on tablets. The mobile gaming
market has seen a large increase in the conversion of "non-paying"
players to "paying" players. The total number of paying players has
increased 35 percent to total 37 million Americans. The growing
number of paying players shows great potential for revenue growth
for mobile gaming companies.
Paragon Report releases regular market updates on the Mobile
Gaming Industry so investors can stay ahead of the crowd and make
the best investment decisions to maximize their returns. Take a few
minutes to register with us free at www.ParagonReport.com and get
exclusive access to our numerous stock reports and industry
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American Express and Zynga, the world's leading provider of
social games services, recently announced the launch of Zynga Serve
Rewards, a new program that is tied to the Serve digital wallet and
breaks new ground in the prepaid card market by offering rich
in-game incentives for everyday spending. "We're excited to partner
with American Express to invent new ways for people to experience
Zynga play in more parts of their day," said Mark Pincus CEO and
Founder of Zynga. "Together we can add surprise and delight to
everyday shopping."
Glu Mobile, a leading global developer and publisher of
"freemium" games for smartphone and tablet devices, recently
announced the launch of its new Android subscription service, Glu
VIP Club. Glu also announced a universal currency called Glu
Credits for use across top Glu Android titles. The Glu VIP Club
allows users to receive significant bonus Glu Credit value as part
of a monthly membership fee.
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The Paragon Report has not been compensated by any of the
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