A consulting firm said Thursday that fixed and mobile service providers need to do a better job of profiting from gaming.
CSMG, the strategy arm of TMNG Global, published a report that showed increased network access, faster broadband speeds and next-gen consoles are making gaming more popular on mobile devices.
“Despite the current economic downturn, gaming has proven to be resilient in these trying times and is the leading entertainment segment that is fueling growth,” said Rich Nespola, chairman and CEO of TMNG Global, in a press release. “The timing is ripe for service providers to hedge the business cycle by capturing the robust opportunities to grow the mobile gaming market.”
CSMG found the the global gaming industry is expected reach $40 billion in annual revenue by 2012.
