In comparison to a computer or game console, mobile devices offer the advantage of being simpler to use and being able to be operated from any remote location. Because of this, well-known game publishers like EA Sports, TiMi Studios, and others have released mobile versions of their well-known titles like FIFA, Call of Duty, GTA, Max Payne, and others. The user experience is being improved by a number of well-known game developers by offering mobile games that rely on capabilities like GPS services. For instance, Niantic, Inc.'s Pokemon Go mobile game, which was very successful and brought in about US$ 3 billion from 2016 to 2019, is a prime example. The introduction of cutting-edge technology like VR/AR, haptic feedback devices, and others has enhanced user experience, opening up new chances for game publishers and developers to create new gaming content. Additionally, the accessibility of high-speed internet connectivity has greatly increased the number of online competitions for mobile gaming around the world, which in turn has a beneficial impact on the industry's growth.
According to Coherent Market Insights, The size of the global Mobile Gaming Market was estimated at USD 97.81 billion in 2021 and is projected to grow by more than 11.88% CAGR to reach USD 214.61 billion by 2028.
Key Competitors in the Mobile Gaming Industry:
1. Activision Blizzard, Inc.
The company was founded in 2008 and has its main office in California, United States. The business creates, markets, and publishes peripheral goods and software for interactive entertainment. The company's products span a variety of game genres, including strategy, first-person action, sports, racing, imaginative play, simulation, and action adventure. Microsoft stated in January 2022 that it will purchase Activision Blizzard in order to make gaming fun and social for everyone, on all devices.
2. Electronic Arts, Inc.
The firm was started in 1982 and is located in California, United States. Electronic Arts Inc. creates, releases, and sells branded interactive entertainment software for video game consoles, desktop computers, handheld game players, and mobile phones in all countries. The company additionally offers services for online games. Bo Jackson is featured on the digital cover of Electronic Arts' upcoming Madden NFL 22 video game in a throwback to the iconic Nike uniform.
3. Gameloft SE
The firm was founded in 1999 and is based in Paris, France. Gameloft S.E. is a company that creates video games. For smartphones, tablets, and computers, the company creates action, card, puzzle, adventure, and racing games. The business is excited to reveal Disney Speedstorm, a new cross-playable arcade racing experience, which was unveiled on today's Nintendo Direct, will release in February 2022.
4. Niantic Inc.
The business was started in 2010 and is based in California, United States. The augmented reality mobile apps Ingress and Pokémon Go are Niantic's most well-known creations. Niantic purchased Lowkey, a social gaming platform where players may record and share gameplay events, as well as the 3D scanning tool Scaniverse in 2021. Niantic announced in 2022 that it had acquired NZXR, an augmented reality studio, and 8th Wall, a WebAR development platform.
5. Glu Mobile, Inc.
The company was established in 2001 and is based in California, United States. The company Glu Mobile Inc. creates and releases mobile games. In addition to its own brands, the company also creates games and related applications based on other intellectual property and third-party licenced brands. Electronic Arts finished buying Glu Mobile in April 2021.
6. GungHo Online Entertainment, Inc.
The business was founded in 1998 and is located in Tokyo, Japan. In addition to creating applications for cellphones, the company also creates and distributes Internet games. A Japanese company called GungHo Online Entertainment, Inc. creates and publishes video games. Grasshopper Manufacture was sold by GungHo to NetEase in October 2021.
7. Kabam
The company was started in 2006 and is based in Vancouver, BC with locations in Austin, Texas. For mobile devices, the firm develops, distributes, and manufactures massively multiplayer social games (MMSGs) such Transformers: Forged to Fight and Marvel Contest of Champions. Disney Mirrorverse, which was created in partnership with Kabam and Disney and debuted on June 23, 2022.
Definition: A video game that is frequently played on a mobile phone is referred to as a mobile game or smartphone game. The term also refers to all games played on any portable device, including those with and without network connectivity, such as a mobile phone, tablet, PDA, handheld game console, portable media player, or graphing calculator.
