The video game industry is one of the most popular industries in the world. In the year 2022, the video game industry earned around hundred and thirty billion dollars. The video gaming industry seems to be on an upward trajectory, with no signs of demands falling anytime soon.
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This article lists some of the biggest game developers in the world who have entertained fans for ages.
Best Video Games Studios To Watch Out For
The Sony Group
The company from Japan has been at the forefront when it comes to any technological development, and video game development is no exception. The subsidiary called Sony Computer Entertainment owns all the play station consoles that are PS 2, 3,4, and also PS Vita.
The PS Vita is special as it can be hand-held, and this innovation positioned the company on top of the gaming industry.
The Sony group earns an annual revenue of around thirty million dollars from the gaming industry. The most popular game developed by them is God of war: Ragnarok. Apart from this, another popular game is the Spider-Man series.
This company is also going big on gaming and generates annual revenue of around sixteen billion dollars from the gaming industry. The most profitable game sold by the company is Minecraft. Moreover, their console, the Xbox series, has garnered huge revenues for the company.
The company has also announced the biggest acquisition in the industry. It plans to acquire Activision Blizzard for seventy billion dollars.
Sega Games Company
This company, based in Hawaii, began its operations as early as the 1940s. Today it has several offices globally, and it has designed some of the most popular games of all time. Some of the popular products of the Sega group are Sonic the hedgehog, total war, etc.
The Tencent Group
This Chinese company is well known as a major social media channel, but it has ventured into the gaming industry and earned huge profits from it. The biggest selling point for this company has been that its products do not need expensive gaming equipment but can be played using regular devices like mobile phones.
The most popular product from this company has been the PUBG series. Tencent has also acquired stakes in several other companies that develop games, and thus it continues to increase its footprint in the industry.
This is a major Japanese company that is most famous for developing the Pokemon series. Reports state that it earned a revenue of almost fourteen billion dollars in the year 2022.
Companies that deal in electronics and social media are also venturing into the gaming industry. The internet in the gaming industry stems from the growth potential and continued demand for thrilling and cutting-edge games and consoles from all over the globe.