Southeast Asia and Taiwan’s games market will hit $917 mil this year

Southeast Asia plus Taiwan’s video game market will be worth US$917 million by the end of 2010, according to a series of new reports by game industry research firm Niko Partners. Niko’s reports also say that this market will be worth US$1.7 billion by 2014, with an annual compound growth rate of 14%.

Niko Partners, which in the past has mainly covered China’s game industry, said in a press release that Vietnam and Taiwan are the most significant markets.

According to the firm, there are 64 million gamers in the the six Southeast Asian markets it covered (Malaysia, the Philippines, Thailand, Singapore, Vietnam) plus Taiwan. All these markets are driven by a “surge” in online desktop computer gaming.

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