Game Economy

By tanvir, Posted 21 Jan 2011

Today, I would like to highlight how much profit the gaming industry made in the year 2010. However, it is very difficult to give the exact information regarding the actual sales figures but I will try to provide as much accurate information as possible. 

 

Every Country likes to expand their economy.  Software gaming industry can boost up the economy of a country very rapidly. In this modern century, we cannot deny the existence of technology in our daily lives. Technology plays a vital role whenever someone is playing a game. The gaming industry is continuously evolving into developing their game features such as video games, applications, consoles; Play Station etc. Someone can identify the key differences between previous and modern gaming systems and their continuous progress.

 

It is evident that the gaming industries of many countries have been identified as one of the key ingredients for expanding their economy. The video gaming industry has proved itself as a gigantic player on the economy due to the massive sales of its major gaming franchises such as Call of Duty: Black Ops which went to make profits of over USD$1 billion within just six weeks of its opening. The other famous game franchises such as Spider-Man 3 and Halo 3 made big business and also had a high impact on the economy. Many famous and influential businessmen such as the former Chairman of Nintendo and the third richest man in Japan- Hiroshi Yamauchi are involved with the gaming business and became very rich after the profitable success of video games.

 

2010 Total Estimate of Retail Sales: Below is the total consumer spending on games via all monetization methods including new physical video and PC games, used games, game rentals, subscriptions, digital game downloads, social network games, downloadable contents and mobile game applications:

USA– $15.4 – 15.6 (Billion)

JAPAN- $12.9 ( Billion)

UK- $5.1 ( Billion)

 

Best Selling Ten (10) Video Games in 2010:-

New Super Mario Bros. Wii - $14.7

Call of duty: Modern Warfare 2 - $14

Pokemon Soul Silver - $8.4

Final Fantasy xiii - $5.5

Battlefield: Bad Company 2 - $4

Mass Effect 2- $1.6      

Wii Fit Plus –

God of War –

Wii Sports Resort-

Pokemon heart Gold-                                                                                                    

 

20 best-selling Console Games:- Below is the list of the 20 best-selling handheld games presented here, not originally bundled with a handheld system. Cross-platform sales were not counted.

  1. Wii Play (Wii – $27.38 million, Wii remote bundled with all copies)
  2. New Super Mario Bros.(DS – $24.13 million)
  3. Mario Kart Wii(Wii – $24.01 million)
  4. Nintendogs(DS – $23.26 million, all five versions combined)
  5. Wii Fit(Wii – $22.61 million)
  6. Wii Sports Resort(Wii – $20.94 million)
  7. Pokémon Red and Blue(Game Boy – $20.68 million approximately: $10.23 million in Japan, $9.85 million in US)
  8. Brain Age: Train Your Brain in Minutes a Day(DS – $18.72 million)
  9. Super Mario Bros. 3(NES – $18 million)
  10. Mario Kart DS(DS – $17.90 million)   
  11. Pokémon Diamond and Pearl(DS – $17.39 million)
  12. Grand Theft Auto: San Andreas(PS2 - $17.33 million)
  13. New Super Mario Bros. Wii(Wii – $16.73 million)
  14. Wii Fit Plus(Wii – $15.22 million)
  15. Gran Turismo 3: A-Spec(PS2 – $14.89 million shipped)
  16. Pokémon Gold and Silver(Game Boy Color – $14.51 million approximately: $7.6 million in US, $6.91 million in Japan)
  17. Super Mario Land(Game Boy – $14 million)
  18. Brain Age 2: More Training in Minutes a Day!(DS – $13.71 million)
  19. Pokémon Ruby and Sapphire (GBA – $13 million)
  20. Pokémon FireRed and LeafGreen(GBA – $11.82 million)

Note:Total PlayStation Portable games sold as of December 31, 2009is $251.6 million                

 

Do you know the time when the first video game was released?

Answer: The first video game was released on December 14, 1948. The name of the game was Cathode Ray Tub.

 

Anticipated Games to be released in 2011: Arcania: A Gothic Tale, Mass Effect 3, Little Big Planet 2, Final Fantasy XIV, Dragon Age II, Crysis 2, Harry Potter , the Deathly Hallows: Part II, Batman: Arkham City, Bodycount, Brink, Bulletstorm, Dead Space 2, Deus Ex: Human Revolution, Dirt 3, Dungeon Siege III, F.E.A.R 3, The Grinder, Homefront I Am Alive, Infamous 2, Killzone 3, Knights Contract, L.A. Noire, The Last Guardian, The Lord of the Rings: War in the North, Marvel vs. capcom 3: Fate of the Two Worlds, Max Payne 3, Metal Gear Solid: Rising, Mortal Kombat, MotorStorm: Apocalypse, Pirates of the Caribbean: Armada of the Damned, Postal III, Rage, Ratchet & Clank: All 4 One, Red Faction: Armageddon, Resistance 3, SOCOM 4, Spec Ops: The Line, Tom Clancy's Ghost Recon: Future Soldier, Top Spin 4, True Crime, Twisted Metal, Warhammer 40,000: Space marine, Warriors: Legends of Troy, Yakuza 4, Ar tonelico III: Sekai Shuen no Hikigane wa Shojo no Uta ga Hajiku.

 

The Gaming Calendar of 2012:Devil's Third, the Getaway

 

The 10 Possible Games that will dominate the market in 2012:- World of War craft, Guild Wars 2, Star Wars: The Old Republic, Final Fantasy XIV, All Points Bulletin, EVE Online, World of Darkness, A Superhero Based Game, Aion.

 

The various types of software and video gaming businesses in the economically super powered countries in the world such as USA, Japanand UKhave been highlighted above.

 

The people who are using those software’s are the main contributors for inflating the economy of those countries in the field of software and video game development. It is expected that if those super powered countries are willing to help the people in Bangladeshregarding the popularity and the economical possibility of video games advancement, then surely this will be a big opportunity for the economy of Bangladesh to become that of a stable one.  

comments powered by Disqus

  • Nice article Tanvir :) Your studying MS in Economics really has counted with it :D


    Posted Jan 21, 2011

  • Thats interesting to see how much gaming contributes. The contribution would be even greater if piracy didn't cause so much damage in terms of revenue losses.


    Posted Jan 21, 2011

  • everyone in that direction is making good money :P


    Posted Jan 21, 2011

  •  



    Smart presenter, it’s really informative. It will help me reorder my future business plans. Thank you, Tanvir.


    Posted Jan 21, 2011

  • agree with Angel


    Posted Jan 22, 2011

  • @biZZy ya ur right i am always thinking about economy i was wrote many topic about economics read my previous article.



    @kelaidis ur right



    @caseyD may be mking good money . I belive that its can possible .



    @ Angel i see you in this site after 1 years i know ur well developer i hope u will success in ur future plan.





     


    Posted Jan 22, 2011

  • I know you wrote about Entrepreneurship three times :D


    Posted Jan 22, 2011

  • i think its a good direction


    Posted Jan 23, 2011

  • Nice article mate.


    Posted Jan 23, 2011

Related Blog

  • 1

    New Website!

    By JPPT1974, Posted Feb 24, 2013

    Hey I like the new banner. Just need time to get used to. Hope that you all are doing well. Blessings of March on the way!

NoobFeed

View All

Popular Articles