That figure marks a major jump from the $26m expected for this year.
The Indian mobile-game business currently makes up about 5 percent of the global wireless market, but it's growing fast, market researcher In-Stat/MDR said in its study. The market encompasses a half dozen major game developer companies and four service providers offering games to their subscribers. CDMA and GSM networks clock an average of 220,000 downloads per month, the researcher said.
Clint Wheelock, director of In-Stat/MDR's wireless research group, said in a statement: "The growth of this market sector has attracted publishers, developers, animators, musicians and content providers, and is also stimulating the development of innovative business models."
The market researcher said that because software services are a booming business in India, the country is emerging as a key market in the next big wave of mobile multimedia -- both for software developers and consumers.
India currently has about 43 million mobile-phone subscribers, and a number of service providers are offering value-added services. Mobile phones are also emerging as a leading entertainment device.
Anurag Khurana, CEO of Paradox Studios, a game developer based in Mumbai, said as the use of mobile phones expands, and subscribers become more familiar with products and services, "the mobile-gaming industry in India can easily grow over 200 percent year on year for the next few years."
Talkback
We at Catalytic Software Limited, Hyderabad develope Mobile Gamesand Applications and offer high end services to our customers worldwide.
This domain is giving careers to lot of engineers who have the passion to learn and walk thru the futuristic technologies in Telecom, Wireless and Mobile Had held devices.
You are right, but there seems to be a bias towards the major cities wherin the companies there are getting more exposure. You should also consider successful companies in states like Kerala , like the companies in technopark in Trivandrum.Softex in tcnopark is one such company.You can see their portfolio of products at softexdigital.com. They have been around for quite some time too....and that too in GAMING!
What about others in smaller states?
Why is it always bangalore or hydrabad that gets all the coverage.
India will emerge as the IT Hub in developing the futuristic applications on Mobile and Hand Held Devices.
Indian population is adapting the new era techologies and becoming a testing platform for the users in the rest of the world.