Wallstreet of the Philippines
Home The Cities eTrade eTourism Archive About Us Contact Us
No Ads
eTrade Contacts
Major ProductsLocation Of SuppliersExport Markets
Trade FairsForeign Buyers GuideEmbassies
Trade Related Government Regulations & PoliciesCalendar Of EventsGovernment Offices Directory
General Info

eTourism Contacts
MuseumsHotelsResorts
HospitalsCity FestivalsEmergency Numbers
Tourist OperatorsTourist AttractionsSpecial Areas Of Interest
Accredited Travel AgenciesTourism Related Government Regulations & PoliciesUniversities
TransportationGovernment Tourism OfficesGeneral Info

Calendar of Events Contacts
Cultural Calendar

Cultural Calendar Contacts

eTrade Contacts

News: Gaming industry: A force of nature - 22 Oct 2007
Gone are the days when gaming was just mere child’s play. Nowadays, gaming is big business, perhaps the biggest in the entire entertainment stratosphere. 

A testament to this notion is the recent release of Halo 3 for the Microsoft Xbox 360 console, which broke entertainment industry sales records by raking in $170 million worldwide on its release date, beating out similar cultural phenomena such as Spiderman 3 and the final installment of the Harry Potter books. 

If you think, however, that this is as big as it’s going to get, you’re probably mistaken.

Experts project that the industry would make more than $18 billion worldwide this year, surpassing the historically gargantuan Hollywood movie mill in terms of revenue.

The gaming business is definitely on a remarkable ascent. The industry’s sales have risen to $78.9 million this year.   This is up from the $48.7 million made during the same period last year, which is about an increase of 62 percent.

A few factors are seen as the cause of this upswing, particularly the proliferation of strong software packages which accompanied all of the competing major gaming platforms (Sony, Nintendo, Microsoft) and the price cut initiated by Sony for its popular Playstation 3 console. These developments ensured a strong year for the industry, especially during the summer when sales were at skyrocketing record numbers.

The abundance of options in terms of hardware and software has also created more traffic for gaming-related shops everywhere. In addition, the popularity of the consoles has opened up another avenue for business — gaming accessories, which since has proven to be quite profitable.

IT spending trends
The success of gaming, however, is not limited to consoles. Online games, which are more community-based, are snapping on the heels of their more specialized counterparts, becoming cultural sensations in some parts of Asia.
This is a trend that is definitely spreading, especially with the popularity of online games.

According to a recent study made by research firm IDC, the sustained market expansion of the online gaming industry continues to drive IT spending and infrastructure deployment of service providers across the Asia-Pacific (excluding Japan).

The study adds that spending is expected to steadily increase across the region as expanding user bases continue to strain both the communications (such as the Internet and broadband services) and the service provider’s own gaming infrastructure (i.e., game servers, network management services, data servers and others).
Furthermore, the proportion of IT spending among service providers is reflective of the stages or levels of maturity of the respective countries’ online gaming industries.

“Online gaming SPs have established presence in their respective markets and have all placed gaming-related infrastructure as crucial components of their online gaming operations. The online gaming SP IT spending is expected to increase at a compound annual growth rate (CAGR) of 26.3 percent from 2006 to 2011 to reach $579.8 million,” said Jun-Fwu Chin, senior analyst for software research of IDC Malaysia.

PC boom
Probably one of the key factors in the increase of IT spending especially for online gaming is the need for more high-performance PCs (personal computers). 

Intel, HP, Acer and Dell are but a few of the IT companies that have brought in high-end processors and computers for PC gaming use.

Efraim Dizon, channels marketing director for hardware and software distributor Technopaq Philippines, said there has been an increase in demand for PCs, especially since online games are multi-player, community-based and competitive in nature.

The booming Internet café business is also another factor, with many online gamers frequenting Internet shops rather than playing in their own homes.

Dizon, however, said the players are no longer very specific as to whether the PC is branded or cloned.
“So long as their games are playing in their PCs — meaning fast and working — they are pretty much satisfied,” he said. “However, as these online games evolve, there might be a rise in the need for more powerful, possibly branded computers.”

He added that home users are more likely to lean toward purchasing branded PCs over the clones.
Apart from carrying major hardware and software brands such as Acer, Lenovo and Oracle, among others, Technopaq also carries solutions for the database systems of online gaming publishers.

Meanwhile, on the notebook front, hardware vendors see online gamers not spending so much for laptops.
Ian Reyes, market development manager for HP Philippines’ Personal Systems Group (PSG), said, “Gaming hasn’t really crept into the notebooks yet. It is still in PCs.”

Source : J.A.P. Bonilla, PhilStar.com , 22 October 2007

Posted By: PhilCTTIS Data Center 
 
Date  Title  Action
Article 
03 Dec 2010  Top 10 Pinoy Sports Icons  View
26 Nov 2010  Fujitsu Laboratories Assesses Possible Reductions in CO2 Emissions in High-Tech R&D  View
10 Oct 2010  Boat & Yatch Charters/ Shipping Companies  View
10 Oct 2010  BUSINESS DIRECTORY: ORGANIC, HERBAL & NATURAL PRODUCTS  View
05 Oct 2010  BUSINESS DIRECTORY: WEARABLES  View
04 Oct 2010  LIST OF STATE UNIVERSITIES & COLLEGES IN NCR  View
26 Sep 2010  DIRECTORY: Suppliers of IT & IT Enabled Services/Electronics  View
19 Sep 2010  DIRECTORY OF DOMESTIC SUPPLIERS OF BEVERAGES  View
01 Jun 2008  Export Markets in Germany  View
15 Feb 2008  Important Numbers to Remember  View
20 Jan 2008  PhilCTTIS Business Directory: Rattan Suppliers  View
14 Jan 2008  Exporters Guide: MARKET INFORMATION  View
14 Jan 2008  MINDANAO Product Guide  View
01 Nov 2007  PHILCTTIS Business Directory: Hotels in Makati  View
22 Oct 2007  Museums and Art Gelleries in Makati  View
Event 
29 Mar 2011  Spain-RP Investment & Business Cooperation Forum  View
24 Aug 2010  Important Events  View
30 Sep 2009  22nd trade fair of ANP (Oct-3-8)  View
News 
14 Apr 2011  BOI-listed investments up 205% in Q1   View
19 Mar 2011  Wal-Mart renews interest in RP venture  View
12 Feb 2011  DBP to issue up to $300-million bonds  View
08 Feb 2011  Philippines pushes for more Indian trade and investments  View
07 Feb 2011  ASEAN trade link technology framework complete  View
13 Oct 2010  High ore grade, metals prices boost Philex shipments  View
27 Sep 2010  Philippine Stocks Touch New Highs on Growing Optimism in Local Equities  View
13 Sep 2010  Smart Supports Mindanao Festivals  View
10 Sep 2010  Proponents renew call for Philippine cybercrime bill  View
05 Sep 2010  Makati City Air Quality Shows Improvement  View
25 Aug 2010  Siemens eyes RP wind energy projects  View
19 Aug 2010  OTOP food products enhanced   View
17 Aug 2010  PSE Income Surges 91% to 148M  View
16 Aug 2010  BOI expects exports to reach $50 Billion this year  View
05 Aug 2010  Panda Cleaners is proof that greening a business is not only good for the environment but the bottom  View
04 Aug 2010  RP urged to initiate free trade pact with EC  View
02 Aug 2010  Crops Growing in City Buildings  View
31 May 2008  Most Asian firms want modern telecom systems  View
31 May 2008  SMC to put up 3 Indochina plants  View
10 May 2008  PCCI DEFENDS GOV?T INFRA DEV?T EFFORTS  View
04 May 2008  Phoenix posts P122M in net profit  View
04 May 2008  Government prepares plan for recycling industry  View
27 Apr 2008  Garments exporters push for prompt start of talks on free-trade deal  View
20 Apr 2008  Security Bank sees increased consumer spending  View
05 Apr 2008  Ayala bares P55.3-B investment program  View
30 Mar 2008  Galaxy Reef: A P35-B marine park project  View
21 Mar 2008  DBP EXPANDS LENDING PORTFOLIO  View
08 Mar 2008  RP call center seat capacity projected to grow 23% in 2008  View
23 Feb 2008  IBM and SAP bare to develop their first joint software product codenamed ?Atlantic?  View
17 Feb 2008  Favila says RP still best investment site in Asia  View
09 Feb 2008  BPO firm offers 5,000 seats  View
09 Feb 2008  Automotive sales surged 17% in January?Campi  View
24 Jan 2008  Anscor to buy US nursing recruitment agency for $14M  View
23 Jan 2008  Electronics exports seen growing 5%  View
17 Jan 2008  ADB to extend co-financing to TransCo, Calaca plant  View
12 Jan 2008  BPI Family to hike lending in consumer, SME markets  View
11 Jan 2008  Netpreneurs reap benefits of Yehey!?s payments scheme  View
11 Jan 2008  Gov't pushes innovation strategy for RP competitiveness  View
03 Jan 2008  Gov't aims to further reduce backlog in TCC issuance  View
23 Nov 2007  Mandarin diversifying to hotel management  View
15 Nov 2007  PAL boosts local, international flights  View
01 Nov 2007  Pfizer?s ?Alagang Sulit? campaign helps ensure patient compliance  View
27 Oct 2007  Hard Rock Café chain mulls hotel, casino in RP  View
22 Oct 2007  Gaming industry: A force of nature  View
01 Oct 2007  Ayala Center prepares to break ground for new hotel  View
No Ads
   
Logos and trademarks are the property of their respective owners.
Philippine Cities Trade & Tourism Information Service (c) Copyright 2007, all rights reserved.