Feb. 3, 2014
The global gaming market
is experiencing continued rapid growth and this trend is expected to continue in the years to come. In fact, analyst report suggests that revenue is likely to double in the next five years.
Recent technologies are allowing game publishers to offer existing customers the ability to download games digitally. This has diversified their distribution channels and allowed them to push and increase sales by selling add-on products also.
Many wise investors have taken full advantage of this explosion in the global gaming market and invested in such companies as Take-Two Interactive Software Inc. (NASDAQ: TTWO) and Activision Blizzard, Inc. (NASDAQ: ATVI).
Take-Two Interactive Software develops and publishes action/adventure products under the Grand Theft Auto brand, as well as other franchises, including
, Midnight Club, and Red Dead under the Rockstar Games label.
Activision Blizzard currently has a market share of nearly 20% in the US video games market last year, with Call of Duty: Black Ops II accounting for nearly 14% of the Xbox games sold and 18% of the PS3 games. The Call of Duty brand has been one of the most successful games in history with a very loyal following.
Amazon announced particularly strong sales of gaming consoles. Amazon claims that the new Microsoft Xbox One and Sony PlayStation 4 sold more than 1,000 units per minute during peak hours. Global online playing time is increasing every month and exceeded 4 billion hours in the September quarter.
With this much revenue created by gamers around the world many investors are looking around for the next great value in the global gaming market.
Soul and Vibe Interactive Inc. (OTBQB: SOUL) stands out as an excellent choice for investors to consider. SOUL is a video and computer games company that develops, publishes, and digitally distributes games and games-related content for video game consoles, mobile devices, and personal computers. The company specializes in the creation of original intellectual properties and licensing brands from other companies.