70% of video game revenue in world's top market comes from China's smaller cities, report finds

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Video games are booming in China's smaller cities, with citizens there accounting for more than half of revenue nationally, according to a recent report by Niko Partners.

The country is the world's top game market and will generate an estimated $40.85 billion in revenue this year, according to Newzoo.

With "fewer things to do for entertainment" in smaller cities as compared with their cosmopolitan peers in Beijing and Shanghai, "gamers spend their time with little cost entertainment which can be social." For video game publishers looking at China, the analyst said: "If you really want to draw the attention of people throughout the country, Tier 4, Tier 5, these places can't be ignored."The spending habits of those in China's lower-tier cities differ from that of their peers in larger cities, Hanson said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Satantic

Any investing tips that can be extrapolated out of this tweet would be appreciated

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines