Wilson stated on the current earnings call this is simply the start. EA is currently relaunching its school soccer franchise, which FIFA Mobile Coins is now under development. There's also an expansion in a different sport, which Wilson wouldn't name, starting next financial year. What is the financial opportunity?EA estimates the worldwide market for sports video games is around $11 billion $7 billion on the console and PC, while the marketplace for mobile is 4.3 billion.
What is more, spending sports is growing faster than other match forms with mobile sport growing at a compound yearly rate of 24% during the last four decades. EA's goal to achieve 500 million gamers and viewers should not be sudden. The market for interactive entertainment has been growing as day one. New technology and ways to play games like cloud-based subscription providers and cellular platforms have only expanded the audience during the last decade and will continue to do so.
The business is now firing on all cylinders with The Sims and Apex Legends also showing steady increase in reservations. The current acquisitions and new games in the pipeline supply this industry leader with plenty of catalysts over the next few decades.
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5 Reasons Electronic Arts Can Be Buying Glu Mobile.On the insides of a $1.2 billion deal to buy U.K.-based Codemasters (declared in late 2020), Electronic Arts is now setting up one of the top mobile game developers from the world.Here are five charts that Buy FIFA Coins illustrate why Electronics is paying $2.1 billion to purchase Glu Mobile.
