Video Gaming industry hasn’t been this popular ever, average video game users are just climbing up by minutes. Video game industry is already a huge economical power house and it’s getting huger. The scenario is a lot different than what its used to be 5 years ago. Console games are not making money, while online and mobile games are taking over the market. Currently online and mobile games generates about 35% of total game industries revenue, and it’s market share growing. The way it’s going Consol game will be a relic like thingy in near future. So why is such a boom we are seeing in gaming economy?

Console games revenue model was typical selling the game model, which don’t exactly fit for today’s gaming economy. On the other hand today’s online and mobile games got strong revenue models, based on user demand & supply rather than sales revenue, well most of them. For example- FarmVille, created by Zynga, an online gaming company based in San Francisco, has become a web phenomenon, played by more than 56 million people within three months of its launch, making it the fastest-growing social game on the internet. After the United States, Britain …