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Mobile growth will fuel global game market that hits $86.1B by 2016

newzoo data

The global games market is expected to grow at a compound annual growth rate of 6.7 percent to $86.1 billion by 2016, according to market researcher Newzoo. But there will be plenty of shifting happening within the market as smartphone/tablet games grow strong and console games lose market share.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.