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Article: Strategy Analytics: Virtual Worlds to Grow
- Article from:
- Wireless News
- Article date:
- June 16, 2009
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Wireless News
06-16-2009
Strategy Analytics: Virtual Worlds to Grow
Type: News
Strategy Analytics released its forecast for worldwide social virtual worlds, noting a 23 percent compounded annual growth rate (CAGR) from 2009-2015.
The fastest growing demographic, represented by kids between the ages of 5 and 9, shows a 27 percent CAGR; however, the largest segment is for tweens and teens, which is experiencing a 21 percent growth. The Strategy Analytics Virtual Worlds Strategies service report, "Virtual Worlds Market Forecast 2009-2015," predicts that virtual worlds will continue to improve the user experience and will convert registrations to active users at a 38 percent CAGR through 2015.