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Analyst: Tablet gaming revenues to surpass $3.1B by 2014

Analyst firm Juniper Research suggests that worldwide revenues from tablet games will have reached $3.1 billion in total by 2014, up from $491 million in 2011.

The firm believes that the larger screen size of recent tablets, coupled with the advanced graphical capabilities that tablets are now able to achieve, are encouraging more and more users to purchase games and in-game items.

Smartphone games face new competition from social apps, says report

Over the past 40 months, games have remained the dominant app category on smartphones, but according to new data from Flurry Analytics, social networking apps have recently narrowed the gap.

The firm's new report (which excluded data from tablets) compared smartphone usage across various app categories and found that in Q1 2011, game app usage led social networking app usage by an average of 10 minutes per day, but in Q1 2012 those categories were even, with users spending an average of 24 minutes per day using apps in each category.