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Posts Tagged ‘gaming’
Gaming, News - Tuesday, February 7, 2012 11:24 - 3 Comments
Games industry upbeat despite downturn
news Australia’s interactive games industry is upbeat and prospects remain bright as consumption of games continues to thrive, according to a media release from Interactive Games and Entertainment Association (iGEA). The sentiments come despite latest data showing that there was a significant dip in ‘traditional retail’ computer and video games sales in 2011.
The latest data from independent market research group NPD Group Australia, which includes all revenue generated from console hardware, games software and gaming peripherals sold through retail, reveals a 12.8 per cent contraction to $1.5 billion from the corresponding 2010 period. However, iGEA CEO Ron Curry said this did not reveal the full picture as the rising popularity in digital games wasn’t reflected in the latest results. The NPD data excludes sales from online retail, downloadable content, online games subscriptions, in-game micro-transactions and mobile games.
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