- Incubator for developers of mobile apps
- Digital game industry continues to grow
- Mobile app development across Apple, RIM, Google and Microsoft Platforms
If you think that movies are big business, you’re right. Then what would you say about the digital game industry, which by most accounts is twice or three times as large? Out of a global population of some 7.5 billion, about 2.2 billion (29%) play ‘video’ games. That’s good, since, according to one academic report, ‘playing video games can boost brain power’. So playing digital games is smart as well as fun, which is why AppSwarm, Inc. (OTC: SWRM) is planning to increase the choice that gamers have. The innovative company is an incubator for the development of mobile apps, which include digital games. With a fast growing portfolio, one of its games may soon be playing at a home near you.
Even though global box office revenues are expected to rise from $38 billion in 2016 to $50 billion by 2020, according to The Statistics Portal (http://dtn.fm/fD3T3), it will be dwarfed by the global digital game industry, expected to generate about $109 billion in revenues in 2017, increasing from $100 billion in 2016. ‘Digital game revenues will account for $94.4 billion or 87% of the global market’, according to New Zoo (http://dtn.fm/f7GoS). Mobile is expected to be the most lucrative segment, with smartphone and tablet gaming growing 19 percent year on year to $46.1 billion, claiming 42 percent of the market. By 2020, mobile gaming may represent more than half of the total games market.
To capitalize on these exciting trends, AppSwarm was established in 2012 as an incubator for digital app developers. Since then, the company has been engaged in acquiring a range of apps for all forms of devices. AppSwarm offers complete, end-to-end services for mobile application development across all major platforms including Apple iPhone, RIM’s BlackBerry, Google’s Android, and Microsoft’s Windows Mobile. The company has agreements in place with all of the major application stores and is able to assist with application development and act as a strategic partner to facilitate increased visibility, thus allowing most small firms, young entrepreneurs and application developers the resources they otherwise would not have to market their applications effectively.
Games are one segment of the app market that AppSwarm is intensely involved with. Most people play digital games to have fun and relax, but details, reported by Science Daily (http://dtn.fm/Z22Bk), of a study conducted by a team at Queen Mary College, University of London show that video games may be less of the idle pursuit that they are often blamed to be. The researchers found that ‘certain types of video games can help to train the brain to become more agile and improve strategic thinking.’ Playing some games increases ‘cognitive flexibility’, our ability to adapt and switch between tasks and to think about multiple ideas at a given time to solve problems. Cognitive flexibility, it seems, enhances creative problem solving and our ability to ‘think outside the box’.
AppSwarm’s current game portfolio includes Turtles, Huh?, which is ranked as the #1 iOS family games app in five countries, ranked in the top five iOS family games app in 22 countries and ranked in the top 10 iOS family games app in 44 countries. Another game, Avenging Soldiers, is a battle game made with stunning quality visuals, precise controls and advanced physics. Still another, Dead Uncleansed, is an exciting “Tower Defense” game set in a near future world where an evil dictator has manufactured and released a virus. The virus is turning the “infected” into evil zombies that are hell-bent on destruction and killing everything in their path, just the sort of game to play before turning in for the night. And then there is Soccers, a soccer game that you can actually play soccer in. With the 21st FIFA World Cup scheduled for Russia next year, AppSwarm already has skin in the game.
For more information, visit the company’s website at www.App-Swarm.com
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.