The global market for mobile sports simulation games is expected to grow USD 13.3 billion in 2026
GALA Sports’ graphic rendering capabilities and self-developed AI technology, together with the IP rights licenses obtained from players’ associations and sports clubs, offer a new level of gaming experience.
GALA Technology, the parent company of GALA Sports, has filed for an initial public offering in the Stock Exchange of Hong Kong
HONG KONG, November 3, 2022 /PRNewswire/ — The 2022 FIFA World Cup is scheduled to be played Qatar in less than a month. As fans around the world begin to prepare for one of the greatest glories in football, the market for mobile sports games and other types of sports content is also booming. One of the content creators who want to get extra attention during the long-awaited event is GALA Sportsa Chinese game developer that specializes in mobile sports games, also a business of GALA Technologythat submitted a request for an initial public offer to the Stock Exchange of Hong Kong in September. Recently launched Total Soccernew soccer mobile game in July, there may be no better time than now to learn about the mobile sports game market and GALA Sports, which aspires to become a force to be reckoned with on the field.
The market size and growth potential of mobile sports games deserves attention
In the universe of mobile games, the genre of mobile sports games is to be recognized with. While the global market size of online mobile games is estimated to grow to USD 177.3 billion in 2026 with a CAGR of 8.3%, the mobile sports simulation games market is expected to contribute USD 13.3 billion of that amount. As disclosed in GALA Technology’s prospectus, the group’s revenue from 2019 to 2021 was RMB 379 million, RMB 405 million and RMB 460 million, respectively. These transformed GALA Technology into Chinese No.2 mobile sports game company by revenue in 2021. In the first half of 2022, the group recorded a 63% YoY increase in revenue to RMB 295 million, partly driven by its expanding foreign trade. The growth of the market and the group is equally promising.
Users of mobile sports games are special and would reward the capable game developer
The main supporters of mobile sports games are often loyal sports fans who love the sport and support specific sports clubs or star athletes. User stickiness is usually high if games can realistically portray real players while also being entertaining with smooth gameplay and rich content. GALA Sports does just that because it has not only obtained IP rights licenses from player associations such as FIFPro, NBA and the NBPA, but also licenses from clubs such as Juventus FC, Manchester City FC, Borussia Dortmund, Paris Saint-Germain FC and FC . Barcelona. In addition to these IP rights licenses, GALA Sports has developed advanced technology to enhance its gaming experience. Its graphic rendering capabilities allowed realistic portrayal and its self-developed AI technology enabled the simulation of strategies and team formations of real matches. These are the keys to success for its signature mobile games Football Master, NBA Basketball Master, Soccer Master 2and Total Soccer, the most recent product of GALA Sports.
GALA Sports has also taken great care to build and grow a community among its users. For example, shortly after its launch, Total Soccer has already begun to explore its place in e-sports by organizing online competitions between streamers and offline local events between users. With features that allow users to customize tactics and tips and share with other users in the community, GALA Sports seeks to explore new aspects of mobile sports games and offer users with ever-changing and interactive gaming experiences.
A possible next stage for the dedicated developer
“The current stage of the mobile sports game market is unique. The market is fragmented with a large number of developers wanting success, but at the same time the expectations of players for realistic content and an entertainment experience set up barriers to entry, as those features would require IP rights licenses and advanced technological capabilities. Not many sports game developers can combine IP rights licensing and technology to provide the best gaming experience to users. We, however, are dedicated to delivering the best. We are a technical company and our R&D expenditures have been more than 10% of annual revenue in the last few years. We believe that this is the time to let the world know that we are one of the few who can offer the rare combination of IP and technical gaming experience to gamers around the world. and be a new contender in the field,” says Huang XiangChief Technology Officer of GALA Sports. “The MLB World Series is happening as we speak; the Soccer World Cup is just around the corner. The NFL is halfway through the regular season, and the new NBA season has just begun. The sports world is always exciting and so is the world of mobile sports games. We see great room for growth in our field, and we have confidence that our dedication to mobile sports games will bear greater fruit.”
About GALA Sport
In 2013, GALA Sports was founded in Shenzhen, China, by a team of sports and technology enthusiasts who want to bring great gaming experiences to sports fans. GALA Sports has developed and launched several mobile sports games to the Chinese and foreign markets, including Football Master, NBA Basketball Master, Soccer Master 2and Total Soccer
GALA Sports is part of GALA Technology Holding Limited, which has filed for an initial public offering on the main board of the Stock Exchange of Hong Kong.
For more, please visit: http://www.galasports.net/EN/
SOURCE GALA Sports