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Mobile games businesses attaining longevity

Phil Elliott of GamesIndustry.biz writes:

"New data from The Multimedia Research Consultancy shows that more mobile games companies are remaining in business for longer periods of time.

The extensive global survey shows that around 53 per cent of mobile games companies have now been trading for at least five years, with almost 20 per cent lasting more than seven years.

This is despite a slow-down in the number of new entrants into the market - while 2003 saw the single biggest growth in number of businesses with 451 entrants, last year's figure was just 78 in comparison."

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