- Gaming industry forecast to generate revenues of $128.5 billion by 2020
- 42 percent of global gaming revenues will be generated by mobile gaming
- AppSwarm has developed proprietary review process to assess the benefits of new apps
The company recently acquired the game ‘Soccers’, which is available from the iTunes store, from TGTStudios. This soccer game is an interactive app that allows gamers to choose from a number of teams, with five levels of difficulty. AppSwarm also acquired ‘Komandir’ from the Russian app development agency Shooterboy Entertainment. It’s a virtual reality game providing an intense gaming experience that has become popular with gamers globally. The game can be downloaded from both Google Play and the Apple App Store. By acquiring ‘Komandir’, AppSwarm is tapping into the fast-growing virtual reality market, which is expected to reach $7.2 billion in revenue worldwide this year, according to Greenlight Insights (http://cnw.fm/p28tW). The growing trend is likely to continue over the next few years, the Greenlight analysis shows, indicating that the virtual reality sector will become a major marketplace worth more than $74.8 billion by 2021.
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