Developments in the Mobile App Market

NEW YORK, February 16, 2017 /PRNewswire/ --

Mobile applications have become a very successful market over the course of recent years. Mobile devices, smartphone and tablets, are now a necessary part of everyday life - for work, education, communication and fun. The adoption of smart devices around the world is only expected to accelerate as many emerging markets are adjusting to the new technologies. According to Persistence Market Research, the global mobile application market is projected to register a healthy CAGR of 11.1% during the forecast period 2016-2024. The market is likely to reach US$ 50.47 Billion between 2016 and 2024. Growing Internet penetration and rising subscription in social media are some of the other key factors driving the growth of the global mobile application market. SPYR Inc. (OTC: SPYR), Facebook Inc. (NASDAQ: FB), Activision Blizzard Inc. (NASDAQ: ATVI), NetEase Inc. (NASDAQ: NTES), Electronic Arts Inc. (NASDAQ: EA)

The research indicates the popularity of the gaming segment, as part of the global mobile application market. "The games end use segment is estimated to be valued at US$ 18.45 Billion by the end of 2016 and this is expected to increase to US$ 43.99 billion by 2024, witnessing a CAGR of 11.7% over the forecast period. As compared to the other segments, the games segment is expected to exhibit a relatively high attractiveness index over the forecast period," the research report claims.

SPYRInc. (OTCQB: SPYR) is a holding company with wholly owned subsidiaries in both the mobile game & app development and publishing industry. On January 8th, the company announced that its flagship game, Pocket Starships, is among the first games that can be played in FacebookInc. (NASDAQ: FB) new Gameroom, now available in beta, for Windows PC gamers.

Pocket Starships is a popular mobile game that is one of the few titles that offers real-time, cross platform play allowing both PC and Mobile devices to play against other gamers simultaneously. Later this year, the Company plans to add eSports competition opportunities for its players.

Mike Turner, SPYR's Vice President of Strategic Partnerships states: "The inclusion of Pocket Starships, as one of the initial games offered in the new Facebook Gameroom, gives the title exposure to hardcore PC gamers, which is an extremely desirable audience for us. Quality users of Pocket Starships play on all types of devices and this is a great platform for users to play with their Facebook friends no matter what device they are on. Our players can play on their mobile devices while on the move or sit down at their PC for a longer session, so we think Facebook Gameroom is an invaluable marketing platform for Pocket Starships."

Facebook's Gameroom, launched in November 2016 as a beta build for developers, is a downloadable Windows desktop gaming app that allows users to play web, ported mobile and native Gameroom games in a dedicated PC platform. It links to users' Facebook accounts, allowing for the integration of Facebook's social interaction in an all-new, immersive experience dedicated solely to gamers - a space where games and gamers across all genres are celebrated.

King Digital Entertainment, that was acquired by ActivisionBlizzardInc. (NASDAQ: ATVI), is a leading interactive entertainment company for the mobile world. The company has a network of over 500 million monthly unique users, has developed more than 200 exclusive games, and offers games in over 200 countries and regions through its king.com and royalgames.com websites, Facebook, and mobile distribution platforms. King is well known for its Candy Crush and Bubble Witch series, along with over 200 mobile app games. During Activision's most recent earnings call highlighting its advertising plans, CEO of King Digital, Riccardo Zacconi commented: "Let me give you an update on the ad business. So we have been testing various ad units over the past several months, and we have tested these ad units in two Candy Crush games. And our plan is to increase inventory by adding additional cohorts of players through the end of the year with these ad units."

NetEaseInc. (NASDAQ: NTES) is a leading Internet technology company in China. Dedicated to providing online services centered on content, community, communication and commerce, NetEase develops and operates some of China's most popular PC-client and mobile games, advertising services, e-mail services and e-commerce platforms. In partnership with Blizzard Entertainment, Mojang AB (a Microsoft subsidiary) and other global game developers, NetEase also operates some of the most popular international online games in China.

ElectronicArtsInc. (NASDAQ: EA) is a global leader in digital interactive entertainment. The Company delivers games, content and online services for Internet-connected consoles, personal computers, mobile phones and tablets. EA has more than 300 million registered players around the world. The company's mobile division had posted more than $500 million in a financial year in 2015, and had generated more than $150 million in its fourth quarter of 2016 due to its new game, Star Wars: Galaxy of Heroes. Its Madden NFL Mobile, FIFA, and SimCity BuildIt were listed as top performers.

Please sign up now at http://www.FinancialBuzz.com to receive alerts on trending financial news from all these companies. 'The Latest Buzz in Financial News'

Subscribe Now! Watch us report from NYSE https://www.youtube.com/FinancialBuzzMedia

Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz

Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz

Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/

AboutFinancialBuzz.com 

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR branding, marketing and advertising for third parties for disseminating news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the "Site") is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. Financialbuzz.com has not been compensated directly by any of the companies mentioned here in this editorial. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions as we purely incorporate public market research along with financial and corporate news. FinancialBuzz.com only regurgitates financial or corporate news through our unique financial newswire and media platform. FinancialBuzz.com expects to be compensated a total of six thousand dollars for financial news dissemination and pr services by a third party non affiliate for spyr inc. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on the Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com

Forfurtherinformation:
Media Contact: info@financialbuzz.com
+1-877-601-1879
Url: http://www.FinancialBuzz.com

SOURCE FinancialBuzz.com