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NetworkNewsBreaks – AppSwarm, Inc. (SWRM) Has Fi

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Posted On: 12/28/2017 5:52:43 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – AppSwarm, Inc. (SWRM) Has Finger on Pulse of Burgeoning Mobile Gaming Industry

As gaming, and mobile gaming in particular, approaches an expected $110 billion in revenues worldwide this year, developer and publisher AppSwarm (OTC: SWRM) is working to incubate new talent as it acquires apps for all mobile devices. The company also announced the development of a joint roll-out of mobile applications for the purchase of cannabis using bitcoin payment options and blockchain technology, in conjunction with SinglePoint, Inc. (OTC: SING). Article discussing this reads: “The global gaming industry is expected to grow by almost eight percent over 2016 and to generate a total of approximately $110 billion in revenues this year, from 2.2 billion games worldwide, according to Newzoo’s Global Games Market Report released in April 2017 (http://nnw.fm/vG1Uf). The largest market is in the Asia-Pacific region, with China generating a quarter of all revenues in 2017. Newzoo predicts that this industry will show a compound annual growth rate (CAGR) of 6.2 percent to reach $128.5 billion by 2020. Furthermore, the report forecasts that mobile gaming will generate 42 percent of gaming revenues worldwide.”

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer


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