The 10 Largest Video Game Companies in the World 2020 – The video game industry is one of the most competitive businesses in the world. Sony and Microsoft make a profit from making electronic devices and computers, while the other profits are generated from selling video games. And on this list, others are companies that purely profit from a strong sales force for popular video games. As for the newer players or companies – most of the companies outside the US are players in the Mobile games division.
The entire industry generated more than $ 40 billion in revenue in 2018 according to Forbes. The top five gaming companies make most of that profit. Small companies struggled, and even some of the big video game publishers fired their employees. There may have been some changes in the bottom five on this list from year to year, but the top five are still the largest video game company over the years. And the following is a list of the 10 largest video game companies in the world in 2020.
1. Sony Computer Entertainment (SCE)
A division of the electronics and entertainment conglomerate Sony, SCE started in 1993 when Sony announced production of the Playstation game console. Since then, SCE has become the largest video game company in the world by annual revenue.
SCE oversees the production of hardware and peripherals for Playstation games. It is also the parent company of Sony Interactive Entertainment Worldwide (SIE), the company that oversees the production of Sony games. Many studios under SIE were acquired by takeover.
2. Tencent Games
Tencent Games is a division of Tencent Holdings, a Chinese holding company with various business interests, including online gaming. Since its inception, the gaming company has focused on online gaming and social media to meet the interests of the growing Chinese mobile communication market. Its parent company has invested in various game publishers and hosts.
Today the company continues to focus on online and mobile games and has its own streaming platform. It is the largest value video game company in the world.
3. Xbox Games
Bill Gates’ company has always had an in-house gaming division that produces and publishes games on the MS-DOS operating system and for Windows. The company created a separate division for gaming in 2000 when it entered the console gaming arena and announced the Xbox.
Xbox Games develops and publishes games for PC and for consoles as well as publishes mobile games and web browser. It also acquired Mojang, the developer and publisher of Minecraft.
4. Nintendo Company
Nintendo was in the gaming business long before computers were invented, making playing cards, and later arcade toys and games. Entered the console gaming industry in the 1970s when distributing Odyssey consoles in Japan. In 1981, the game developed and released Donkey Kong, a game that gave birth to Mario’s signature character.
Nintendo is perhaps better known for the consoles and gaming devices it makes than for its games. The company produced consoles in 1977 before launching the Famicom, NES and Game Boy systems.
5. Activision and Blizzard
Activision and Blizzard split from the most successful game publishers and developers of the 1990s, with Activision being one of the oldest companies in the business. During the downturn in the home gaming industry, Activision was bought out by the tech CEO and regained market share in the gaming world.
Blizzard is a pioneer in multiplayer online strategy games like Warcraft. The French company Vivendi buys Blizzard, and Activision later acquires Vivendi’s gaming division, including Blizzard.
6. Electronic Arts
Electronic Arts is perhaps one of the most widely recognized brands in gaming culture. A former Apple employee, Trip Hawkins started a company on finance and began producing games for the growing home computer market. It was several years after the company started EA working on a pro football simulator that would spawn one of the more popular games, Madden NFL.
EA’s Sports Games are what make this company successful. However, EA does acquire studios over time, producing or co-producing popular games from other subgenres.
7. Bandai Namco
Namco is a well-known arcade video game company. Bandai, a toy maker and TV show producer, owns several world-renowned brands, such as Power Rangers. In 2005, the gaming divisions of these two companies merged and succeeded in making various popular games in the world.
The merged Namco Bandai Studios has some of the longest running and most popular console fighting games, such as Tekken and Soul Caliber. It has also released a number of games based on Bandai’s IP such as Dragonball and Gundam.
King originally developed a game that users could play directly from web browser them, it aims to eliminate the need to download and / or install software. The model did not prove successful at first. However, the company has found success in producing games for use on social media platforms such as Facebook.
In the social media game, King can make money through so-called “micro-transactions” and through in-game advertising. In this way King ended up experiencing more than $ 1 billion in revenue growth in two years.
9. Sweet potato
Ubi Soft was originally a family-owned hardware and software business that was run from the suburbs of Paris. It was a family business whose members soon noticed the growing interest in PC gaming. Ubi Soft developed several successful in-house titles in Europe but did not translate well overseas. Eventually, the company bought the rights to distribute another title, which allowed them to buy Red Storm Games, the maker of a popular game based on the Tom Clancy novel. Apart from the Assassin’s Creed series, Ubisoft is also famous for its Far Cry and Just Dance series.
10. Gung Ho Online
The next largest gaming company in the world is Gung Ho Online, it has built up its fortune in the online video game market. It started the business as an online auction site developer as a subsidiary of Japanese cell phone company Softbank. In 2000, the company switched to online gaming services, hosting server in Japan for MMOG. In 2013, he released his self-developed mobile game, Puzzles & Dragons, which accounts for a large portion of his revenue. It has also acquired other game publishers since buying back shares from Softbank.
And that’s the list of 10 biggest video game companies in the world with big profits, they are the companies behind the games you often play along with your gamer theme. Hopefully this article is useful and adds to your insight. 🙂