- Mobile gaming apps approaching 50 percent of total gaming market
- Mobile gaming surpassed $50 billion mark during 2017
- Consorteum’s Universal Mobile Interface supports flexible data usage in variety of vertical markets
The enactment of the European Union’s first cybersecurity law on May 9 (http://ibn.fm/flj1x) and the ongoing European Commission discussion about its pending cybersecurity act serve as the latest reminders about the global nature of modern telecommunications connectivity and consumers’ need to protect their data while striving to benefit from the availability of data worldwide. Corporate players in the mobile connectivity arena such as Consorteum Holdings, Inc. (OTC: CSRH) find themselves tasked with helping their clients bridge divides between data providers across a spectrum of languages and cultures while striving to keep uninvited guests at a distance.
Such business needs are the sobering part of providing marketable products for consumers who in most cases are looking for ways to make their lives more enjoyable. Consorteum Holdings and its 359 Mobile, Inc. subsidiary are specifically focused on developing and delivering end-to-end solutions for players in the fintech and data analytics industries, but the companies’ first app to market is an entertaining sports analytics product that gives cricket fans solid information on team and/or specific players’ performance and their potential.
Earlier this month, Consorteum announced that it had advanced development of its Edgelytics™ predictive analytics mobile app past focus group research and toward launch (http://ibn.fm/4UDL1). The first Edgelytics™ product will be an app to help sports betting fans of cricket, the second most popular sport in the world behind soccer. It is expected to be available this summer on all Android and iOS devices. The app will mine historical statistics and provide artificial intelligence to help predict probable future performance of the athletes involved.
Mobile devices accounted for nearly half the total gaming market following a period of noteworthy growth in 2017 (http://ibn.fm/Dh6s1). As a trend, it is becoming especially popular in Europe and the United Kingdom, hence the attention to sports such as cricket. Worldwide, mobile gaming was responsible for an estimated $50 billion in revenues last year (http://ibn.fm/cMWpK).
“Exactly 10 years ago, the launch of the iPhone ignited a revolution in games, creating a new market segment,” a recent Newzoo article states (http://ibn.fm/FbhOS). “The past years have seen the rise of esports, taking the already popular activity of viewing game video content to a professional level. … Underlying this success are the tools given to consumers to create and share their own experiences around their favorite game franchises.”
While many mobile applications are beset by limitations on how users can interact or the number of devices they can support, Consorteum’s key product, its Universal Mobile Interface™ (UMI) is a state-of-the-art platform built to integrate any stream of data onto a mobile platform.
The UMI aims to create open-sky opportunities for strengthening business verticals, particularly areas such as fintech management, digital marketing, data storage, cloud utilization, analytics, customer relations management, secure payment processing and compliance with regulatory codes (http://ibn.fm/SKxnn).
For more information, visit the company’s website at www.Consorteum.com
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