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2011 Games Industry to Top $74B (registration required) has details on a Gartner forecast on the games industry in 2011. Word is $74 billion will be spent on gaming this year, up from $67 billion last year, and a third of that sum will be for software. They project this will rise to $112 billion by 2015, and much of the growth will be in mobile sector: "As the popularity of smartphones and tablets continues to expand, gaming will remain a key component in the use of these devices," said principal research analyst Tuong Nguyen. "Mobile games are the most downloaded application category across most application stores. For this reason, mobile gaming will continue to thrive as more consumers expand their use of new and innovative portable connected devices."

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4. Re: 2011 Games Industry to Top $74B Jul 6, 2011, 11:48 Parallax Abstraction
That's $74B in revenue, not profits. Virtually all the publishers are still losing money right now. Not saying that's because of piracy (I think it largely isn't) but these numbers about how "big the industry is" are simplistic and don't tell the whole story. Mobile is also big but that's as hit driven as AAA titles are as well. 95% of the stuff that goes on iTunes or Android Marketplace doesn't make money. A few get rich, the rest get nothing. The industry can bring in as much revenue as it wants but if it still costs more to produce thees games than they're bringing in, the revenue doesn't matter.  
Parallax Abstraction
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