U.S. Virtual-Goods Sales to Top $2 Billion in 2011, Report Says
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The U.S. virtual-goods market may grow more than 30 percent in 2011 as games on consoles and mobile devices replicate the success of applications on Facebook Inc., according to Inside Network.
The market will jump to $2.1 billion next year from $1.6 billion in 2010 and $1.1 billion in 2009, the San Francisco- based research firm said today in a report. The authors, Justin Smith and Charles Hudson, based their research on interviews with dozens of executives in virtual goods and gaming.