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Game Industry Set to Explode

A recent report from PricewaterhouseCoopers titled "Global Entertainment and Media Outlook: 2006-2010" predicts the worldwide game market will see enormous growth, going from about $7 billion in 2005 to as much as $47 billion in 2010. That's almost seven times the current market value (here calculated for those who, like me, have reallocated brain cells previously used for algebra to trying to figure out Lost).
The bulk of this growth is not expected to come from the US, however. PwC predicts Asia Pacific will hold its leadership position over the next few years, with increased broadband access, computer literacy, and government promotion being the key factors driving sales in that region. The combined region of Europe, the Middle East, and Africa is expected to lead the globe in terms of growth.

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The BS Police3752d ago

Halo proved that video games can do better than Hoolywood Movies... so thats another reason!

joemutt3752d ago

MS, of course.
EA, will always be around.

Wanted to buy some UbiSoft, but they were bought out. Bungie too I believe.

Who would you buy stock in? Just curious, not because you like a certain company, but because you see the company doing well in the future. Like EA, can you picture the gaming world without them? They dont make the greatest games, but they do make alot of them. They will be around forever.

Really what would you buy?

HyperBear3653d ago

ESP. ALL YOU [email protected] THAT LIKE THE Wii. YOU GUYS ARE SERIOUSLY FUKED IN THE HEAD.