Wilson said on the recent earnings call that FIFA Mobile Coins
this is only the beginning. EA is currently relaunching its school soccer company, which is now under development. There is also an expansion in a different game, which Wilson wouldn't name, starting next fiscal year. What is the financial opportunity?EA estimates that the worldwide market for sports video games is over $11 billion $7 billion on console and PC, although the market for mobile is 4.3 billion.
What is more, spending on sports is increasing faster than other match forms with cellular sport increasing at a compound yearly rate of 24% over the last four years. EA's goal to reach 500 million players and audiences shouldn't be surprising. New technology and methods to play games like cloud-based subscription providers and cellular platforms have just expanded the audience throughout the past ten years and will keep doing so. The current acquisitions and new games from the pipeline provide this business leader with loads of catalysts over the next few years.
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5 Reasons Electronic Arts Can Be Buying Glu Mobile.On the heels of a $1.2 billion deal to buy U.K.-based Codemasters (announced in late 2020), Electronics is now scooping up one of the leading mobile game developers from the world.Here are five graphs that illustrate why Electronic Arts is spending $2.1 billion to buy Glu Mobile.
During the last ten years, EA utilized acquisitions to construct a diversified cell portfolio, which now makes up 13% of total reservations. It's heaps of cellular titles, such as old hits . Zombies alongside cellular versions of Buy FIFA Coins
EA Sports titles such as FIFA Mobile.