Datastream
How Big is the Global Mobile Gaming Industry?
The Briefing
- Mobile gaming revenue for 2020 is estimated at $85 billion, more than half of the sector’s estimated $165 billion
- Despite the launch of high-profile consoles, most gaming companies are focusing on platform-agnostic subscription services that can penetrate mobile
The Mobile Gaming Takeover
While the gaming market spotlight is focused on new consoles and games this holiday season, the bigger focus for insiders continues to be the mobile sector.
Over the last 20 years, mobile gaming has gone from the industry’s entertaining afterthought to its largest source of revenue—in 2020, the sector is estimated to have generated around $85 billion.
In light of COVID-19 keeping many consumers at home, gaming companies like Electronic Arts and Activision Blizzard have reported higher year-over-year revenues and greater market penetration than ever before.
Companies Race to Capitalize on Mobile Gaming
The massive industry growth hasn’t gone unnoticed by companies outside of the gaming sector. In fact, it has emboldened many to make billion-dollar entries into the gaming market that failed to pan out in the early 2000s.
In the bid to capture the cloud-service sphere and become the “Netflix” of gaming, major services have been launched by Microsoft, Sony, Nokia, Amazon, and Google.
At the same time, publishers have been racing to consolidate gaming franchises on the path towards building massive recurring revenue streams.
| Date | Acquirer | Target and Sector | Deal Value (US$) |
|---|---|---|---|
| Apr. 2014 | Oculus - VR | $3.0 Billion | |
| Aug. 2014 | Amazon | Twitch - Streaming | $1.0 Billion |
| Nov. 2014 | Microsoft | Mojang - Games | $2.5 Billion |
| Feb. 2016 | Activision Blizzard | King - Games | $5.9 Billion |
| Jun. 2016 | Tencent | Supercell - Games | $8.6 Billion |
| Feb. 2020 | Embracer Group | Saber Interactive - Games | $0.5 Billion |
| Sep. 2020 | Microsoft | ZeniMax Media - Games | $7.5 Billion |
| Nov. 2020 | Take-Two Interactive | Codemasters - Games | $1.0 Billion |
With Sony and Microsoft’s new consoles fresh to market (and constantly sold out), next generation games hitting multiple platforms, and cloud services kicking off in earnest, traditional gaming sectors might finally start catching up to mobile.
But as the global proliferation of smartphones continues to grow, it will be an uphill challenge. With 2.7 billion estimated gamers already and growing, how much higher can the mobile gaming wave rise?
»Want a full breakdown of gaming revenue by sector? Read our full article 50 Years of Gaming History
Where does this data come from?
Source: Pelham Smithers.
Details: Research firm’s annual analysis of reported and estimated sector revenue.
Notes: This data was collected in September of 2020 and includes estimates for end-of-year.
Datastream
The 10 Longest Range EVs for 2023
This infographic lists 10 of the longest range EVs currently for sale in the U.S. in 2023. The Lucid Air takes first place at 516 miles.
The Briefing
- EV models with over 300 miles (480 km) of range are becoming more common in the United States
- The Lucid Air (Grand Touring trim) has the highest EPA range at 516 miles (830 km)
The 10 Longest Range EVs for 2023
Range anxiety is frequently cited as one of the biggest turnoffs of electric vehicles (EVs).
Even as recent as 2021, the average range of an EV was just 217 miles (349 km), falling significantly short from the average gas car’s range of 413 miles (665 km). Thankfully, as this infographic shows, EVs with over 300 miles of range are becoming more common.
Below are the top 10 EVs for 2023, ranked by their EPA combined driving range. For further context, we’ve also included price. These values are for the specific trim that achieves the stated range. In some cases, more expensive trims are available but have a lower range (e.g. Tesla Plaid).
| Model | EPA Combined Driving Range | Price* |
|---|---|---|
| Lucid Air | 516 mi (830 km) | $138,000 |
| Tesla Model S | 405 mi (652 km) | $84,990 |
| Hyundai Ioniq 6 | 361 mi (581 km) | $45,500 |
| Tesla Model 3 | 358 mi (576 km) | $55,990 |
| Mercedes-Benz EQS | 350 mi (563 km) | $104,400 |
| Tesla Model X | 348 mi (560 km) | $94,990 |
| Tesla Model Y | 330 mi (531 km) | $52,990 |
| GMC Hummer EV Pickup | 329 mi (529 km) | $110,295 |
| Rivian R1T | 328 mi (528 km) | $74,800 |
| BMW iX | 324 mi (521 km) | $87,100 |
*Most recent prices available as of April 2023
Note that the EV market is rapidly evolving, and the data in this table has a limited shelf life. For example, Rivian is releasing a battery option dubbed the “Max pack” which promises up to 400 miles, but is not yet EPA rated.
Where Does This Data Come From?
Source: Car and Driver (range), manufacturer websites (price)
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