Monday, August 1, 2016

Pokémon Go Likely More Than A Summer Fad For Gaming Industry




In one week, Pokémon Go has sparked a national gaming frenzy. And there's no sign yet gamers are getting tired — demand that's likely to pad the pockets of its creators and copycat game publishers.
The mobile game for iPhones and Android devices where players use GPS and augmented reality to capture Pokémon in the real world remains No. 1 in Apple and Google's app stores. Research firm SurveyMonkey says the game is the biggest mobile title ever in the U.S. based on its peak daily active users. It's been downloaded more than  20 million times, according to research firm SensorTower's estimates.
With several key updates in the works, combined with devotion to the long-running TV and game franchise, Pokémon Go could move beyond a summer fad to something bigger.
"All publishers are taking note of the success the game is having," said Piper Jaffray analyst Michael Olson.
The lingering question: Will its run eventually peter out, sapping the fortunes of its publisher in the same way Rovio's Angry Birds and Zynga's FarmVille did? Even Candy Crush Saga, which like FarmVille rode the Facebook-games craze to explosive success, wasn't enough to keep propelling the fortunes of owner King Digital for more than a few years.

Author: Brett Molina

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