Global mobile phone gaming market revenues will rise 19 percent to $5.6 billion this year, helped by a boom in different application stores and growth in emerging markets, research firm Gartner said on Monday."The hype around mobile application stores has opened this market up to numerous publishers and developers -- further expanding revenue potential and competition in this industry," Gartner analyst Tuong Nguyen said in a statement."Although we expect most mobile gamers to continue to gravitate toward 'free' games we do not expect the ad-supported model to take off within the next three years," Nguyen said.Gartner said 60-70 percent of games played on cellphones are free, a trend the research firm expects to continue.(Reporting by Tarmo Virki; Editing by Greg Mahlich)News posted by www.newsinfoline.com
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