Abraham Yousef · February 2023
4Q22 Gaming Round-Up
Mobile gaming struggled to match the highs of 2021, with Western publishers seeing their portfolios and bookings slide. Roblox and AppLovin reported an optimistic outlook, while traditional game publishers Take-Two and Electronic Arts cut forecasts. EA was boosted by FIFA, but the rest of its portfolio struggled, while Take-Two's mobile bookings were also down. However, the diverse mobile portfolio obtained from buying Zynga allows for exposure to sub-genres that have done well in the past. The upcoming Shooter Report will address the recent Apex Legends cancellation.
Key Takeaways:
Mobile gaming could not match the highs of 2021. Western publishers largely saw their portfolios and bookings slide
Roblox and AppLovin reported an optimistic outlook while the more traditional game publishers, Take-Two and Electronic Arts (EA), cut forecasts
EA was bolstered by FIFA (+86% YoY, +52% QoQ), but the rest of the portfolio has struggled (-18% YoY, Flat QoQ)
Take-Two’s mobile bookings were also down (-13% YoY, -4% QoQ) but the diverse mobile portfolio obtained from buying Zynga allows for exposure to sub-genres that have done well in the past
Upcoming Shooter Report will take a deeper dive into the Shooter genre and address the recent Apex Legends cancellation
For more information, request the full report from reports@sensortower.com.
