According to market reports, Google remains the leader in online videos with gross revenues of more than $1 billion. Analysts expect Google’s online video gross revenues to cross $2 billion by 2013. Analysts project the revenues from online video segment to be worth $8 billion worldwide by the year 2012. They also estimate that the
In their report Market Trends: Gaming Ecosystem, 2011, Gartner estimated that the video game industry will grow to $112 billion by 2015 from $67 billion in 2010 and an estimated $74 billion in 2011. But within the industry, mobile gaming will command the fastest growth by expanding its market share from 15% in 2010 to 20%
Intuit (Nasdaq:INTU) recently released market data on fiscal year 2012 consumer tax offerings. According to their reports, as of February 18, the company reported 10% growth in total TurboTax federal unit sales. Intuit continues to dominate the online market and saw sales of TurboTax Online units grow 19% over the year. Recently, Intuit also reported
According to researcher IDC, the enterprise flash market will grow to $4.5 billion by the year 2015 from an estimated $1.5 billion in 2011. But IDC’s estimates are among the more conservative. In a survey of CIOs conducted by Morgan Stanley, the financial services firm found that the enterprise flash market will triple in 2012
The PC industry is facing difficult times. After the floods in Thailand last year, which hurt production of major manufacturers, the market is now faced with increasing costs because of wage hikes in China’s manufacturing sector. According to recent reports, Chinese manufacturer Foxconn Technology Group increased employee wages by 16%-25%. Foxconn is a supplier to Apple,
Not only did overall U.S. retail toy sales fall last year, video games fared no better. According to an NPD Group study, video game sales for the year fell 8% to $17 billion. In December 2011 alone, sales of U.S. retail video game fell 21% over the year to $3.99 billion. The decline was attributed
According to a recently released toy industry report by NPD Research, U.S. retail sales of toys fell 2% over the year to $21.18. During the holiday season, the 5% increase in prices of toys helped compensate for the 7% decline in the volume of toy sales. Overall, for the quarter, dollar value of toy sales
Market research firm eMarketer projects that 62 million people, nearly a quarter of the U.S. Internet-using population, will become social gamers by the end of this year. The social gaming population is expected to grow to 73 million by 2013. Virtual goods transactions are expected to remain the leading source of revenue for social game developers.