According to the research, mobile and tablet games will own 58 per cent of the mobile gaming market and gross $1.9 billion by the end of 2011, while the combined total of Sony and Nintendo sales are likely to total $1.4 billion.
If accurate, this would mean that iOS and Android games have tripled their market share from roughly 20 percent in 2009 to nearly 60 percent in just two years. Simultaneously, Nintendo’s market share has dropped down to around 33 percent down from 66 percent in 2009, and the company is expected to post its first fiscal year loss since the company began reporting profits in 1981.
“Within the portable category, an abundance of digitally distributed free and $0.99 games, available on hardware, that is both comparably priced and more powerful than traditional portable game devices, better appeals to many consumers”, Flurry’s Peter Farago explains.
“As a result, the days of paying $25, or more, for a cartridge at a retail store may soon end.”
Have you abandoned your portable gaming console in favour of your smartphone? Let us know in the comments below!
[Source: Tech Crunch]